Boston-based New Balance is facing a lawsuit claiming the company used deceptive marketing to promote its True Balance and Rock & Tone lines of shoes, the Patriot Ledger reports. The suit was filed in federal court in Boston on behalf of a consumer in the Los Angeles area. As the Ledger reports, the suit follows two lawsuits that were filed last November that levied similar accusations against...
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Best Buy is on the verge of an announcement that could shake up the retail industry, reports CNBC's Herb Greenberg.
(Updates with analyst comment, added sales details, latest available stock quote) By Melissa Korn and Tess Stynes Of DOW JONES NEWSWIRES Walgreen Co.
A fast-growing Utah County business became a YouTube sensation with a product that doesn't immediately strike you as sensational. In fact, the inventor couldn't sell it for years.
DOW JONES NEWSWIRES Hot Topic Inc. (HOTT) on Wednesday reported a smaller-than-expected decline in December same-store sales, while Zumiez Inc.'s (ZUMZ) growth missed analysts' projections.
According to an article published this week by the Federal Bureau of Investigation, organized retail crime, which includes merchandise theft, credit card fraud, gift card fraud and price tag switching, costs the U.S. about $30 billion a year.
Google reportedly will debut a payment and advertising service for retail mobile payments this year.
DOW JONES NEWSWIRES Family Dollar Stores Inc.'s (FDO) fiscal first-quarter earnings rose 9.9% as the discount retailer continued to report increased customer traffic and sales.
Struggling book retailer Borders Group is offering IOUs to some suppliers and may ask publishers to push back some due dates, according to the Wall Street...