Chain retailers are finding it difficult to navigate.
Government and Trade
The "Raise the Wage Act" would boost the minimum wage to $12 an hour from the current $7.25 an hour over the next five years.
Mergers and Acquisitions
The Italian private equity fund acquires 90 percent of the Florence-based firm.
The ousted ceo and founder stood outside the clothing company’s factory and offices in downtown L.A. on Friday afternoon.
Forecasts and Analysis
U.S. retailer Wal-Mart Stores Inc will build 115 new stores in China by 2017 and upgrade 50 stores this year, the company's chief executive officer said on Wednesday.
Marketing and Promotion
The growing bevy of beauty apps offers everything from online scheduling for an at-home blowout to determining if a brand tests on animals.
In related moves, Sharon Lombardo, previously vice president of design of ready-to-wear, fashion accessories and footwear at Kate Spade, has joined the firm as creative director
Online fashion marketplace Lyst is the latest to snag funding from high profile backers, bringing in $40 million from Groupe Arnault, Accel Partners, Balderton Capital and others.
Arnault treated shareholders of LVMH Moët Hennessy Louis Vuitton to a nearly hour-long lesson in how to succeed in business.
The Macerich Company’s Arthur Coppola said the real estate investment trust is starting to reap the benefits of some major changes.