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Cache Inc: The Next Specialty Retailer To Bite The Dust
2014-11-13 17:49:46| Apparel - Topix.net
Like other mall-based specialty retailers, CACH has suffered from lower mall traffic, extreme discounting, and inability to distinguish product from cheaper fast-fashion players. Despite two equity recapitalizations in the last couple of years, CACH's liquidity position is precarious, with little headroom in its revolver and significant ongoing cash burn.
Tags: the
specialty
cache
dust
This Auto Part Retailer Should Continue To Perform
2014-11-13 17:39:51| Auto Parts - Topix.net
Stock price appreciation of 40%, when consumer spending is showing signs of weakness, is a rare phenomenon. Consumer spending in the U.S. dropped 0.2% in September as compared to the previous month.
Spark closer to a customer-focused retailer - Moutter
2014-11-07 07:05:14| Telecom - Topix.net
Spark New Zealand, the rebranded Telecom Corp, said it was nearing the end of the first phase of its transformation from a traditional telco to a digital services business. Managing director Simon Moutter told shareholders at the annual meeting in Auckland today said they had done the hard work of restructuring the business from one that relied on dwindling landline use to one that incorporated a landline and mobile phone network, cloud-based business services, big data and a subscription internet service.
Tags: closer
retailer
spark
customerfocused
US retailer lost 53m emails in hack
2014-11-07 00:14:28| BBC News | Business | UK Edition
US retail giant Home Depot says hackers stole 53 million email addresses earlier this year, in addition to millions of payment-card details.
Tags: lost
emails
hack
retailer
M&A time - Discount's top retailer but Monro's buying spree rolls on
2014-10-31 19:24:42| Auto Parts - Topix.net
What took center stage in the tire retailing arena in the past year? That would have to be M&A - mergers and acquisitions - with more than 100 retail stores changing hands in more than a dozen transactions. Monro Muffler Brake Inc. continued as the king of M&A, adding 61 stores in the past year through five acquisitions, moving into Florida and Michigan for the first time.
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