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Anaheim, Calif. -- Pacific Sunwear of California Inc. reported Wednesday a loss of $17.5 million for the second quarter, narrowed from a loss of $19.3 million in the year-ago period. Results were boosted by a 5% sales in the quarter ended July 28 – to...

A Florida man and his mother have been arrested in connection with an extensive and long-running theft operation that authorities allege saw more than $1 million in stolen merchandise sell on a pair of eBay stores. Arrest documents detail an operation...

IRVING, Texas — Michaels Stores reported a second quarter same-store sales increase of 2.9% driven by a 3% increase in transactions and a positive impact of 0.9% from deferred custom framing revenue partially offset by a 1% decrease in average ticket....

SIDNEY, Neb. — Cabela's has named Sean Baker as president of World's Foremost Bank and will be appointed CEO effective Jan. 1, 2013. Baker will replace Joseph Friebe, whose planned retirement was announced in June. “We are very pleased our leadership...

Minneapolis -- Target Corp. said Thursday it has awarded $2.5 million in Target gift cards to schools across the country, much of it due to a strong Give With Target campaign with a robust Facebook participation. “We are thrilled with the public’s...

eBay's PayPal online payments service has gained access to millions of stores across the United States through an agreement with Discover Financial Services, extending its reach beyond the web and into the physical world. Under the deal unveiled on Wednesday, PayPal will issue payment cards to its more than 50 million active users in the U.S. next year, which they can use to buy from merchants that already use Discover Network, which links more than 7 million U.S. retail locations.

eBay is launching a new export service called the eBay Global Shipping Program to facilitate cross-border trade. The new service, which eBay hasn't yet announced, will launch in September and will be operated by Pitney Bowes. With the Global Shipping Program, a seller can ship items to buyers in other countries with minimal concern over issues such as customs duty and taxes and shipping regulations and restrictions.

eBay has faced its share of class action lawsuits, but it's now trying to prohibit its users from filing such lawsuits. eBay updated its User Agreement and Privacy Policy, which are effective immediately for new users and take effect on October 10, 2012...

Give With Target campaign will award 100 total schools MINNEAPOLIS -- Today, Target Corp. (NYSE:TGT) announced the third group of 25 schools that is receiving a $25,000 grant as part of the Give With Target initiative. The schools were revealed in...

Foothill Ranch, Calif. -- As part of its push toward forcing Wet Seal to put itself up for sale, investor Clinton Group on Thursday named its own slate of board candidates to replace the existing members. Clinton’s candidates include former United...