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Toys R Us Baby problem is everyone's baby problem

Toys R Us was hurt by falling birth rates in the US and other countries. (iSTOCK) There are endless reasons why a large toy store would collapse in a retailer's apocalypse – and Toys R Us has confirmed a number of them in its recent annual application: the […] (19659003) They even have their hands over App stores, labor costs …

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Winn-Dixie, Bi-Lo and Harvey join forces. Is yours?

CLOSE American buyers are reaping the fruits of deflation that US supermarkets are at war with. USA TODAY Mark Moore, of BriteLite Signs, paints a shield with the Winn-Dixie logo in this 2006 photo (Photo: OSCAR SOSA, AP) Southeastern Grocers, the parent company of Winn-Dixie, announced Thursday that it would close 94 below-average supermarkets in seven southern states. After the …

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Adobe Climbs After Sales jump for the growing software suite

Adobe Systems Inc. reported revenue and earnings for the first quarter, outperforming analyst estimates for strong growth from a growing range of digital media software and a strong increase in subscriptions. Sales increased 24 percent to $ 2.08 billion and profit, aside from some costs, reached $ 1.55 per share in the quarter ended March 2, the company said in …

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What to do with gift cards when retailers like Toys R Us go bankrupt?

Still, if the trend continues, you should know that bankrupt companies are likely to stop paying for gift cards. "Gift cards are technically unsecured debt of the bankrupt retailer and bankruptcy laws give them no special protection," said Melissa Jacoby, a law professor at the University of North Carolina at Chapel Hill. Gift card customers are considered unsecured creditors, said …

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Adobe posts record revenue and a profit jump

SAN JOSE – Adobe Systems posted record revenue growth in the first quarter of fiscal 2018 and provided a rosy outlook for Wall Street, a strong financial performance that spiked the technology company's stock on Thursday afternoon. 19659002] Adobe has risen 3.7 percent after the close on Thursday. "Adobe's outstanding growth is based on our customers being able to work …

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Winn-Dixie parent company to file for Chapter 11 bankruptcy

Southeastern Grocers, the parent company of Winn-Dixie, announced Thursday that it will close 94 operations, including 10 Alabama Winn Dixie locations, as part of Chapter 11 bankruptcy proceedings. Southeastern Grocers Correction: An earlier version of this story should have said that Southeastern Grocers plans to file Chapter 11 bankruptcy by the end of March. Southeastern Grocers, parent company of the …

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After Equifax Breach comes credit freeze commission at a price

The new legislation could do more harm than good, Mr Litt said. For example, it might prevent states from freezing all credit reports by default – an agreement that gives consumers control over who gets access to their data. As it stands, consumers need to contact each of the three offices – Equifax, Experian and TransUnion – to initiate a …

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Nike Executive resigns; CEO. Addresses Workplace Behavior Complaints

In both the memo and the company's announcement, Mr. Parker said Mr. Edwards will retire from his position as Nike brand president and retire in August. Mr. Edwards, who has served as Nike's Regional Marketing Manager at Nike in Beaverton, Oregon since 1992, will serve as a consultant to Mr. Parker. Mr. Parker, who has held his position for more …

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