DETROIT-(AP) A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002. However, the judge denied an SEC request that would have prevented Charles Conaway from serving as an officer or direct
Also tagged before-the, before-the-retail, ceo, charles-conaway, filed-for, judge, judge-on-thursday, misleading-investors, pay-more, secWASHINGTON (Reuters) – U.S. Read more: Retail sales fall unexpectedly, jobless claims up
Also tagged jobless-claims, sales-fallSAN FRANCISCO (Reuters) – Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to seek deals. Excerpt from: Shoppers already whetting holiday appetite online
Also tagged before-the, holiday, several-days, shoppers, shopping-online, used-the, used-the-webReuters – Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to seek deals. See more here: Shoppers already whetting holiday appetite online (Reuters)
Also tagged already-whetting, black, cyber-monday, holiday, record-for, seek-deals-, several-days, shoppers, shopping-onlineReuters – U.S. retail sales grew more than expected last month as vehicle purchases bounced back, but non-auto sales rose modestly, suggesting consumers remained too cautious to drive a robust economic recovery. Read more from the original source: Retail sales surge on autos, manufacturing slows …
Also tagged last-month, more-from, original, remained-too, retail-sales, robust-economic, sales-rose, sales-surge, slows-, suggesting-consumers, surge-on-autos, the-original, vehicle-purchasesUmpqua Investments, the retail brokerage affiliate of Umpqua Bank, has hired 39 new staffers, including 27 financial advisors, and doubled its assets under management to $2.4 billion. More here: Umpqua to hire more financial advisors
Also tagged 2-4-billion, and-doubled, brokerage-affiliate, financial-advisors, has-hired, hire-more, investments, its-assets, new-staffers, umpqua, umpqua-bank, umpqua-investments, under-managementAs consumers continue to pinch pennies, the retail chain says its third-quarter results were better than expected and touts its new, local merchandising focus. Here is the original post: Macy’s reports $35-million loss, calls it ‘excellent’
Also tagged 35-million-loss, consumers-continue, expected-and, its-third-quarter, local-merchandising, pinch-pennies, results-were, touts-itsAP – Retail real estate investment trust National Retail Properties Inc. said Wednesday it has a new $400 million credit facility, which will replace one set to mature May 2010. Visit link: National Retail Properties gets new $400M loan (AP)
Also tagged 400-million, credit-facility-, gets-new, investment-trust, national, national-retail, properties, real-estate, replace-one, wednesday, wednesday-it-has, which-willCIT’s move to bankruptcy court means more instability for struggling retailers facing holidays Read more here: Retail Faces Uncertainty as CIT Enters Bankruptcy
Also tagged bankruptcy-court, enters, for-struggling, means-more, more-here, ncertainty-as-cit, retail-faces, retailers-facing, uncertaintyAP – Retail gasoline prices chugged higher Friday to a new peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel. Link: Retail gas prices highest in a year (AP)
Also tagged a-new-peak, chugged-higher, dig-deeper, for-the, forcing-consumers, friday, gas-prices, gasoline-prices, into-already-thin, new-peak, pay-for, year