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BUSINESS
December 12, 1992 | From Times Staff and Wire Reports
Profitable Period at Carter Hawley: Carter Hawley Hale Stores said debt reductions and asset adjustments stemming from its emergence from Chapter 11 bankruptcy reorganization helped the company generate net income of $1.2 billion in the nine-week period ended Oct. 3. The Los Angeles-based parent of the Broadway stores last week reported sales for the four-week period ended Nov. 28, 1992.
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BUSINESS
April 20, 2014 | By Marc Lifsher
The job : Bill Dombrowski is president of the California Retailers Assn., a trade group based in Sacramento that includes most of the country's largest store chains, including 7-Eleven Inc., Safeway Inc., Macy's Inc., Wal-Mart Stores Inc. and Home Depot Inc. For the last 20 years, he's crafted political and legislative strategies for the association, whose members generate more than $570 billion in annual sales and employ nearly 2.8 million people....
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BUSINESS
January 7, 2010 | By Andrea Chang
Even as shoppers struggled with a tough economy, many loosened their purse strings during the crucial holiday season, bringing some stability to the battered retail industry. Sales figures released Wednesday by two firms that track retail spending indicated a better Christmas than in 2008, when a sharp consumer pullback led to the worst holiday season in decades. Although retailers fared better, analysts said the results still fell short of the highs seen before the recession and noted that it was easy to beat 2008's dismal performance.
BUSINESS
April 18, 2014 | By Alexia Elejalde-Ruiz
Between the bouncy music and the stacks of colorful jeans, visitors to the Benetton store on Chicago's Michigan Avenue might catch a whiff of a growing marketing trend. Mounted high in the corner beside the store entrance, a scent diffuser, installed in November, spreads a bright spring fragrance modeled after Benetton's Verde cologne. "It finishes the emotion we are trying to create in the store," said Robert Argueta, director of visual merchandising for the United Colors of Benetton, who also is testing the scent in Benetton's New York flagship store.
CALIFORNIA | LOCAL
August 30, 1998
Having spent over 35 years in the retail markets of apparel, food and hardware as a supplier and sales and marketing specialist to firms from "mom and pop" to national chains in size, I read with interest and amusement the Aug. 23 article "A Time for Big Decisions in Little Saigon." The article contained both the difficulties and solutions of the Saigon in America dilemma. The photos of the Vietnamese mall shops showed signs printed in a "chicken-tracks" style font that cannot be read by English-speaking Americans.
BUSINESS
May 23, 1989
Martha Johnson-Bullard has joined Wilson/Duty Associates as head of the retail division.
BUSINESS
November 4, 1988
Cook Family Foods Ltd. of Lincoln, Neb., has merged with Conagra Inc. of Omaha in a transaction involving more than 2 million shares of Conagra stock valued at $69.1 million, Conagra said. Cook produces branded smoked ham products and markets them nationally through retail channels.
CALIFORNIA | LOCAL
December 8, 1996
Re "Busy Stores Fail Hire Education," Dec. 2. As a person who has worked in retail more than 15 years, I was a bit disturbed after reading Sandy Banks' article about retail employees. She seemed to paint a picture that most, if not all, retail employees do not give a hoot about the customer. The article described an incident between two employees that should never have happened. If a manager or supervisor had been a witness, both probably would have been terminated. Without question, most retail employees are aware that customers are vital--no customers, no jobs--which is why clerks tolerate some of the rudest and most disrespectful behavior imaginable.
BUSINESS
June 11, 1999 | Abigail Goldman
Bunny Hops Into Retail: Playboy Enterprises Inc., in a bid to see its famous bunny on something other than truck mud flaps, has moved up on the retail food chain, landing a deal with Bloomingdale's to have in-store boutiques dedicated to Playboy's new active wear line for men and women. The boutiques, in stores through June, feature baseball jerseys, tank tops and denim. "Almost all the items feature the rabbit head logo," a Playboy spokeswoman said.
CALIFORNIA | LOCAL
August 3, 1988
You correctly title your July 18 editorial supporting pending legislation to deregulate retail credit in California "A Test for Credit Expansion." Unfortunately, the test has been conducted in other states and deregulation has failed the consumer miserably. As the director of the West Coast Regional Office of Consumers Union, nonprofit publisher of Consumer Reports, I say, why import that failure into California? Californians owe an estimated $7.4 billion in retail credit debt.
BUSINESS
April 14, 2014 | By Jim Puzzanghera
WASHINGTON -- Retail sales surged last month at their fastest pace in 1-1/2 years as consumer spending heated up after a harsh winter. The Commerce Department said Monday that seasonally adjusted retail sales increased 1.1% in March. Officials also revised February's figure up to a strong 0.7%, from an initially reported 0.3%. Economists had expected a 1% increase last month. PHOTOS: Richest and poorest cities in America "The consumer came in like a lamb and went out roaring like a lion," said Chris Rupkey, chief financial economist at the Bank of Tokyo-Mitsubishi in New York.
BUSINESS
April 14, 2014 | By Tiffany Hsu
Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half. The gauge from the Commerce Department surged 1.1% last month from February in its biggest leap since September 2012. Sales boomed 3.8% from March 2013. The strong sales, which beat economists' expectations for a 1% increase, bolstered hopes that the economy would continue to gain momentum after struggling through an especially harsh winter. "One month doesn't answer all the questions, and it's not like we have all-over-the-place exploding growth," said NPD Group analyst Marshal Cohen.
BUSINESS
April 10, 2014 | By Tiffany Hsu
Retailers had a middling March, watching their sales improve from a frigid February while struggling to beat their performance from the same month last year. Two main factors impeded growth last month, according to several reports released Thursday. Spring weather has been slow to come, leaving shoppers still shivering in cooler-than-usual temperatures. And in March 2013, retailers had the benefit of a revenue bump from Easter, which shifted this year to April 20. In one report, analyst Ken Perkins of Retail Metrics Inc. said March same-store sales rose 3.5% from a year earlier, beating expectations for a 2.5% boost.
BUSINESS
April 6, 2014 | By Marc Lifsher
SACRAMENTO - The recent hacking of customer data from Target Corp. computers is roiling the California Legislature. Last week, two members of the Assembly touted a bill to strengthen consumer safeguards and limit the type of information collected and retained by retailers. The measure, AB 1710, may trigger one of the year's biggest disputes over business-related legislation. "It'll be a big fight, a tough fight," said Bill Dombrowski, president of the California Retailers Assn.
BUSINESS
March 23, 2014 | By Ronald D. White
Any parent with teenagers can tell you how tough it is to keep abreast of their fashion whims. Even more difficult: doing it for a living and making a profit at it. Tilly's Inc. of Irvine is a specialty retailer that targets teens and young adults with action sports clothing, shoes and accessories. Tilly's says on its website that it "offers one of the largest assortments of brands and merchandise from the top players in the surf, skate, motocross and lifestyle apparel industries.
BUSINESS
March 21, 2014 | By E. Scott Reckard
A Federal Reserve rule allowing banks to charge retailers 21 cents to process debit-card transactions has been upheld by a federal appeals panel, a blow to big merchants such as Wal-Mart Stores Inc. and Target Corp. A lower court judge invalidated the fee cap in July, ruling that the Fed's formula included costs that weren't allowed under the Dodd-Frank regulatory reforms that Congress passed in the aftermath of the financial crisis. But in a ruling Friday for a three-judge panel, Judge David Tatel of the U.S. Court of Appeals in Washington said the central bank's rules “generally rest on reasonable constructions of the statute.” GAS: See latest prices in Southland, nation Merchants, who had argued that they were entitled to a lower cap, expressed disappointment, while financial firms said they were relieved.
SPORTS
June 15, 1991
Baseball meetings--Each of the 26 major league baseball teams will receive between $1 million and $2 million from $1.8 billion in projected gross retail licensing revenue in 1991. The retailers' percentage was not factored into a story in Friday's editions of The Times.
BUSINESS
August 14, 2008 | From Times Wire Services
Wal-Mart Stores Inc. announced it would invest at least $1 billion in Brazil to expand its operations in Latin America's biggest country. The U.S. retail giant will open 80 to 90 stores beginning in 2009. Wal-Mart opened its first store in Brazil in 1995 and today has 318 stores employing 70,000 people.
BUSINESS
March 17, 2014 | Stuart Pfeifer
If you're an outdoors enthusiast or weekend warrior, chances are you're a fan of Sport Chalet Inc. If you're an investor, well, that's another story. Living up to its moniker, "the Experts," Sport Chalet staffs its stores with marathon runners, professional triathletes, experienced divers, snowboarders and skiers. The goal is to present athletes with a top-notch shopping experience they won't get in big-box or discount retailers -- or on Amazon.com, which has been swallowing up business from brick-and-mortar retailers for years.
BUSINESS
March 17, 2014 | By Ricardo Lopez
Twenty-eight attorneys general from 24 states, three U.S. territories and Washington, D.C. are pressuring five retailers, including Walgreen Co. and Wal-Mart Stores Inc., to follow the move by CVS Caremark Corp. and end sales of tobacco.  CVS Caremark in early February announced it would stop selling cigarettes and other tobacco products. The pharmacy and retail chain, which has increased its business providing medical care through clinics, said "the sale of tobacco products is inconsistent" with its purpose.  Health advocates cheered the move and said it would probably spur other retailers to do the same.  The effort was spearheaded by Eric T. Schneiderman and Michael DeWine, attorneys general of New York and Ohio, respectively.
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