Chicago -- Chicago high-end fashion retailer Mark Shale said Tuesday it has filed for reorganization bankruptcy. The 83-year-old company is seeking strategic alternatives, including a partner to fortify the business, according to president Rich Myers....
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A proposed swipe fee settlement would give retailers the green light to charge consumers a surcharge for using a credit card, but a new poll suggests that consumers will not graciously accept the extra charge. According to a new poll by CreditCards.com, nearly two in three Americans -- 65 percent -- said they would stop using their credit cards if retailers start adding extra fees to credit card purchases -- regardless of how small that fee may be.
New York -- Reebok has opened its first Reebok Fit Hub in the United States, on Fifth Avenue at 37th Street in Manhattan. The 2,500-sq.-ft. store is located on the top of a Reebok CrossFit Box gym, which is on the street level. It sells a wide range of...
Topeka, Kan. -- Collective Brands stockholders voted at a special meeting on Tuesday to approve the sale of the company for about $1.32 billion. Collective, which owns the Payless and Stride Rite shoe store banners, had announced in May that it accepted...
New York -- Barnes & Noble reported Tuesday that it lost $41 million in the first quarter, compared with a loss of $56.6 million in the same period last year. Results were bolstered by sales of e-books and other digital content, said CEO William Lynch....
New York -- Cost Plus World Market has launched a new website as a part of the brand’s strategy to elevate its e-commerce business and provide expanded opportunities for customers to discover more at Worldmarket.com. This is the largest redesign of the...
Senior Editor, iLounge News Category: Apple Apple is planning to begin direct sales of its products in Russia, according to a new report. Citing Russian-language Kommersant, the Moscow News reports that Apple has registered a new company name, Apple...
Spanish apparel retailer Zara has launched . The free app, which is available in 19 languages, lets shoppers access the company?s latest online catalog and shop. Users can search for clothes by category and then select product pages which include the...
NEW YORK — Customers who shop at Macy's and Macys.com on Aug. 25 can feel extra good, as the money raised during this charity shopping event will help support March of Dimes, a leading nonprofit organization for pregnancy and baby health. This year,...
New York -- Apple Inc. became the most valuable public company of all time on Monday, after its market value climbed beyond $620 billion to surpass a milestone set by Microsoft Corp. more than 10 years ago, Reuters reported. Apple shares reached a high...