Collective Brands Inc., owner of the Payless ShoeSource chain, may lure private equity buyers as it trades at a 76 percent discount to its sales.
J.C. Penney Co.’s new home department is like Technicolor Oz plunked down in black-and-white Kansas.
J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will abandon the practice this year as the comeback plan starts to takes hold.
Lance Armstrong may lose as much as $200 million in future earning potential, more than the wealth he accumulated in a championship cycling career now gutted by revelations of doping.
Visa Inc., MasterCard Inc. and some of the biggest U.S. banks agreed to a settlement of at least $6.05 billion in a price-fixing case brought by retailers over credit-card swipe fees.
Lance Armstrong said he cheated by using drugs through a record run of titles in cycling’s biggest race and probably forced other athletes to follow his lead.
"The real upside to this whole thing is to get Adidas and Reebok positioned as their own brands."
- Paul Swinand on Oct 21, 2014
Swinand Says Sears Operates `Like Army'