26 Jun Economy tanked first three months, but expected to rebound
The nation's gross domestic product -- or the value of all goods and services produced in the U.S. -- decreased at an annual rate of...
Economic news
20 Jun Internet Tax Moratorium Backed by House Panel
The House Judiciary Committee backed a measure on Wednesday that would permanently extend a moratorium on certain state taxes on the Internet transactions, sidelining attempts...
19 Jun Skechers Sues Reebok for Infringing on Skechers GO Walk Line
Skechers USA, Inc. announced that it filed a lawsuit against Reebok International Limited for selling footwear that infringes on the popular Skechers GO Walk product...
15 Jun Buyout Target Express Adopts ‘Poison-Pill’ Defense
Fashion retailer Express is fighting to remain a public company, invoking a defense to make it harder for one of its investors, Sycamore Capital, to...
30 May Genesco Sees Modest Q1 Comp Gain
Genesco Inc. reported first-quarter earnings on an adjusted basis slid 13.3 percent and came in 10 cents lower than Wall Street's consensus estimate. But the...
28 May Famous Footwear Fiscal Q1 Sales Driven by Canvas Athletic Category
Brown Shoe Company reported net sales of $591.2 million in the fiscal first quarter ended May 3, up slightly versus first quarter 2013 net sales...
28 May Belle International Sees China Slowdown
China's biggest shoe retailer Belle International Holdings Ltd reported net profit rose 1 percent to RMB 5.16 billion ($827 million) for the 14 months ended...
28 May FTC calls for curbs on consumer data collection
Data brokers are grouping Americans based on race, income, hobbies and medical conditions, according to a report released Tuesday by the Federal Trade Commission calling...
24 May Foot Locker Releases Quarterly Earnings Results
Foot Locker (NYSE:FL) released its earnings data on Friday. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of...
15 Feb Retail sales fall unexpectedly in January
This year's streak of nasty weather is wreaking havoc on the economy, causing plunging worker productivity, soaring heating bills, canceled flights, damaged crops and frozen...