Retail - The Salt Lake Tribune http://www.sltrib.com/cat/Retail Stories from The Salt Lake Tribune &copy; 2014 The Associated Press, The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our privacy policy: http://www.sltrib.com/pages/privacy. en-us webmaster@sltrib.com (Webmaster) Back to school: Fun and fashion lead the way in school supplies http://www.sltrib.com/sltrib/money/58279369-79/percent-supplies-spend-backpacks.html.csp It’s school supply time and there’s no shortage of nifty backpacks, pencil cases, erasers and more for kids young and older. “Most people are looking for something unique,” said Larina Lin, founder of the site Coolpencilcase.com, which sells supplies imported from Japan. The sum families will spend on supplies this year is up slightly over last year, according to the National Retail Federation, based on a poll of 6,178 U.S. consumers conducted in July. The average family with kids in kindergart... It’s school supply time and there’s no shortage of nifty backpacks, pencil cases, erasers and more for kids young and older. “Most people are looking for something unique,” said Larina Lin, founder of the site Coolpencilcase.com, which sells supplies imported from Japan. The sum families will spend on supplies this year is up slightly over last year, according to the National Retail Federation, based on a poll of 6,178 U.S. consumers conducted in July. The average family with kids in kindergart... <img src="http://mngislctrib.112.2O7.net/b/ss/mngislctrib/1/H.17--NS/0?&pageName=RSS" height="1" width="1" border="0" alt=""/> 58279369@www.sltrib.com Thu, 14 Aug 2014 10:33:59 MDT Barneys to pay $525K in NYC shopper-profiling probe http://www.sltrib.com/sltrib/money/58284032-79/barneys-store-monday-profiling.html.csp New York • Barneys has agreed to pay $525,000 to resolve allegations that minorities were singled out as suspected shoplifters at its flagship store, part of a spate of racial profiling complaints against major retailers last year. Barneys shoppers and ex-employees complained that detectives followed minority customers around — even after staffers identified them as frequent patrons — and disproportionately investigated their credit-card use, so much so that some salespeople even avoided serving... New York • Barneys has agreed to pay $525,000 to resolve allegations that minorities were singled out as suspected shoplifters at its flagship store, part of a spate of racial profiling complaints against major retailers last year. Barneys shoppers and ex-employees complained that detectives followed minority customers around — even after staffers identified them as frequent patrons — and disproportionately investigated their credit-card use, so much so that some salespeople even avoided serving... 58284032@www.sltrib.com Mon, 11 Aug 2014 08:08:01 MDT Target publicly endorses same-sex marriage http://www.sltrib.com/sltrib/money/58267555-79/marriage-target-gay-minnesota.html.csp Minneapolis • Target Corp. is adding its name to a legal defense of gay marriage, joining other large companies that are taking a stand, just four years after the retailer came under criticism for supporting a strident opponent of same-sex unions. Target said it has signed a court brief backing marriage equality in a pending court case and publicly declared its support of gay marriage, a move similar to those taken by Starbucks, Intel and Apple. “It is our belief that everyone should be treated ... Minneapolis • Target Corp. is adding its name to a legal defense of gay marriage, joining other large companies that are taking a stand, just four years after the retailer came under criticism for supporting a strident opponent of same-sex unions. Target said it has signed a court brief backing marriage equality in a pending court case and publicly declared its support of gay marriage, a move similar to those taken by Starbucks, Intel and Apple. “It is our belief that everyone should be treated ... 58267555@www.sltrib.com Wed, 06 Aug 2014 11:10:02 MDT Walgreen turns down inversion to cut tax bill http://www.sltrib.com/sltrib/money/58267534-79/walgreen-company-inversion-billion.html.csp Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed its U.S. taxes but drew political scorn. The nation’s largest drugstore chain — which bills itself as “America’s premier pharmacy” — said Wednesday that it will buy the remaining stake in Swiss health and beauty retailer Alliance Boots that it does not already own. The cash-stock deal is valued at more than $15 billion. Walgreen had contemplated... Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed its U.S. taxes but drew political scorn. The nation’s largest drugstore chain — which bills itself as “America’s premier pharmacy” — said Wednesday that it will buy the remaining stake in Swiss health and beauty retailer Alliance Boots that it does not already own. The cash-stock deal is valued at more than $15 billion. Walgreen had contemplated... 58267534@www.sltrib.com Wed, 06 Aug 2014 11:04:02 MDT Some outdoor companies loved Demo Day rain http://www.sltrib.com/sltrib/money/58263698-79/outdoor-demo-retailer-based.html.csp Huntsville • When a short but intense rainstorm hit Outdoor Retailer’s Summer Market Demo Day at Pineview Reservoir’s Cemetery Point on Tuesday, at least one of the 130-plus companies showing off products was delighted. “Perfect,” is how Joshua Frank of Southern California-based Braven described conditions. That’s because the company makes waterproof Bluetooth speakers. The speakers, which include a backup battery and stay charged for as long as 15 hours, are waterproof to one meter for 30 min... Huntsville • When a short but intense rainstorm hit Outdoor Retailer’s Summer Market Demo Day at Pineview Reservoir’s Cemetery Point on Tuesday, at least one of the 130-plus companies showing off products was delighted. “Perfect,” is how Joshua Frank of Southern California-based Braven described conditions. That’s because the company makes waterproof Bluetooth speakers. The speakers, which include a backup battery and stay charged for as long as 15 hours, are waterproof to one meter for 30 min... 58263698@www.sltrib.com Tue, 05 Aug 2014 17:40:20 MDT Target lowers forecast, estimates breach costs http://www.sltrib.com/sltrib/money/58263153-79/target-breach-company-forecast.html.csp New York • Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers. The Minneapolis-based retailer also said Tuesday it expects gross expenses tied to a massive data breach this past winter to come to $148 million in the period, which will be offset by $38 million in insurance. It also paid $1 billion to retire $725 million in debt. Target Corp. has been reeling since it announced in December that hackers stole millions of customers’ cred... New York • Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers. The Minneapolis-based retailer also said Tuesday it expects gross expenses tied to a massive data breach this past winter to come to $148 million in the period, which will be offset by $38 million in insurance. It also paid $1 billion to retire $725 million in debt. Target Corp. has been reeling since it announced in December that hackers stole millions of customers’ cred... 58263153@www.sltrib.com Tue, 05 Aug 2014 10:24:01 MDT Wal-Mart’s website to personalize shopping http://www.sltrib.com/sltrib/money/58258857-79/mart-wal-online-sales.html.csp New York • Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is rebuilding its website to further personalize the online shopping experience of each customer. Wal-Mart is rolling out a feature that will enable its website to show shoppers more products that they may like, based on previous purchases. It will also customize Wal-Mart’s home page for each shopper based on the customer’s location, local weather and the customer’s search and purchase history. So if a new mom just bought... New York • Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is rebuilding its website to further personalize the online shopping experience of each customer. Wal-Mart is rolling out a feature that will enable its website to show shoppers more products that they may like, based on previous purchases. It will also customize Wal-Mart’s home page for each shopper based on the customer’s location, local weather and the customer’s search and purchase history. So if a new mom just bought... 58258857@www.sltrib.com Mon, 04 Aug 2014 08:55:01 MDT Red Lobster goes vertical on plate to push quality http://www.sltrib.com/sltrib/money/58233069-79/lobster-red-fish-lopdrup.html.csp New York • Red Lobster wants to be seen as a purveyor of quality seafood, so it’s getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants. The changes mark the latest attempt by the struggling seafood to stop a years-long sales decline as it embarks on a new era. On Monday, Darden Restaurants Inc. said it completed its sale of the chain to investment firm Golden Gate Capital, despite contentious protests from activist invest... New York • Red Lobster wants to be seen as a purveyor of quality seafood, so it’s getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants. The changes mark the latest attempt by the struggling seafood to stop a years-long sales decline as it embarks on a new era. On Monday, Darden Restaurants Inc. said it completed its sale of the chain to investment firm Golden Gate Capital, despite contentious protests from activist invest... 58233069@www.sltrib.com Mon, 28 Jul 2014 13:35:24 MDT Dollar Tree buying Family Dollar for $8.5 billion http://www.sltrib.com/sltrib/money/58232458-79/dollar-family-tree-stores.html.csp New York • Dollar Tree is buying rival discounter Family Dollar, giving it a wider reach in the intensifying fight for deal-seeking customers. The $8.5 billion deal will give Dollar Tree more than 13,000 stores in the U.S. and Canada. The current leading discounter, Dollar General Corp., has more than 11,300 stores in the U.S. Dollar stores have struggled as major retailers including Wal-Mart Stores Inc. and Kroger have stepped up their courtship of lower-income customers by opening smaller stor... New York • Dollar Tree is buying rival discounter Family Dollar, giving it a wider reach in the intensifying fight for deal-seeking customers. The $8.5 billion deal will give Dollar Tree more than 13,000 stores in the U.S. and Canada. The current leading discounter, Dollar General Corp., has more than 11,300 stores in the U.S. Dollar stores have struggled as major retailers including Wal-Mart Stores Inc. and Kroger have stepped up their courtship of lower-income customers by opening smaller stor... 58232458@www.sltrib.com Mon, 28 Jul 2014 08:35:01 MDT