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Build-A-Bear Removes Links to Twitter, Pinterest
May 21, 2013

The popular Build-A-Bear Workshop removed links to Twitter and Pinterest from its homepage, following an investigation by a unit of the Better Business Bureau. The company also revised an apparent glitch that allowed children under 13 to circumvent a feature aimed at preventing them from entering personal information without their parents' consent. The moves were announced this week by the Better Business Bureau's Children's Advertising Review Unit, which said it

NRF opposes swipe fee settlement
May 21, 2013

Washington, D.C. โ€“ The National Retail Federation (NRF) is formally opposing the proposed settlement of a federal antitrust lawsuit brought by 19 trade associations and six retailers in 2005. The...

Apple Uses Firms Outside U.S. to Avoid Taxes
May 21, 2013

Apple employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding overseas some $102 billion of its $145 billion in cash, and an Irish subsidiary that earned $22 billion in 2011 paid only $10 million in taxes, according to the report issued Monday by the Senate Permanent Subcommittee on Investigations. The strategies Apple uses are

Best Buy CEO Sees Turnaround Within His Control
May 21, 2013

CNBC General Assignment Reporter Best Buy's Mixed Q1 Results Tuesday, 21 May 2013 | 10:54 AM ET CNBC's Courtney Reagan breaks down the big box retailers first quarter results. Even though...

Dickโ€™s reports net income increase in Q1
May 21, 2013

PITTSBURG, PA (BRAIN) โ€” Dickโ€™s Sporting Goods reported a net income of $60.5 million for the first quarter, ending on May 4, up 5.8 percent from this time in 2012. Net sales rose 4.1 percent to $1.3...

Net sales drive Urban Outfitters earnings
May 21, 2013

Philadelphia โ€“ Urban Outfitters, Inc. reported stronger than expected net sales, which drove a 39% increase in net earnings. The specialty retailer reported record total net sales of $648...

Retailers Often Underutilize Customer Data, According to Study
May 21, 2013

A.T. Kearney released the 2013 Achieving Excellence in Retail Operations (AERO) Study, a research project that looks at how companies approach store operations and provides retail executives with tools to better adapt to the fast-changing, technology-driven market. The study revealed that there are many underutilized sources of customer data. While leading retailers were gaining from the use of customer data sources, less than half of the retailers in the study collected social network data from third party domains, and just 8 percent thought it made an important contribution to generating insights.

AutoZone sales rise below expectations
May 21, 2013

Memphis โ€“ AutoZone reported net sales of $2.2 billion for third quarter fiscal 2013, representing a 4.5% increase from $2.1 billion during the same period in fiscal 2012....