31 Dec Crocs receives $200M from Blackstone, announces CEO retirement
Blackstone Group LP invested $200 million in Crocs Inc., taking two board seats and a 13 percent equity stake in the Niwot-based shoemaker, company officials...
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31 Dec Brown Shoe Reaches 52-Week High
Shares of footwear retailer Brown Shoe Co. Inc. (BWS) reached a 52-week high of $27.72 on Dec 20. Adjusted earnings per share of 63 cents...
28 Dec Nike accounts for more than half of Finish Line sales, executive says
Beginning this spring, Finish Line became the exclusive athletic footwear partner of Macy's. Finish Line executives have said they expect the partnership to boost sales...
22 Dec Target’s huge data breach likely to be followed by more, experts warn
"The reality is that these incidents are only going to increase," said Paul Lipman, CEO of Redwood City security firm Total Defense. "It's a result...
21 Dec Finance Trade Priorities May Shift Under Wyden as Chairman
The to-do trade list includes a Baucus-Hatch draft renewal of expired fast-track trade and potential ratification of the pending Trans-Pacific Partnership (TPP), a trade agreement...
19 Dec Anxious retailers stretch holiday hours
With a week to go before Christmas, retailers are in full battle mode, with many unveiling plans to keep their stores open for marathon stretches...
17 Dec Pittsburgh company Shoefitr applies database that uses 3-D for shoe sizing
Shoefitr Inc. provides consumers who buy footwear online with the means to determine better how well their purchases will fit. For retailers, it can mean...
14 Dec Retailers extending Black Friday deals amid lukewarm demand
Merchants get nervous each year during the dreaded early-December shopping lull, when consumers rest their wallets before swarming back into malls at the last minute...
07 Dec U.S. unemployment rate drops to 7%, lowest since 2008
In its report Friday, the Labor Department said that the nation's employers added 203,000 non-farm jobs in November and that a large part of them...
06 Dec Long-Sought Budget Deal May Arrive Next Week
By opting to nail down a budget plan in the form of legislation instead of a conference agreement, Ryan and Murray would avoid having to...