FINANCE

Feedback on Chargebacks: Stage Stores VP Offers Advice for Avoiding Chargebacks

By Alison A. Nieder | May 19, 2016

At a recent event in Los Angeles, Stage Stores executive Kenneth J. Lettre offered some words of advice for avoiding chargebacks.

Express Trade Expands Team With 1st SVP Appointment

Express Trade Capital Inc. named Ignatius “Nat” Marotta as first senior vice president for the New York–based finance company, which specializes in trade finance, factoring and purchase-order financing.

Retailers Go Back to the Drawing Board to Draw in Consumers

As consumers alter their buying patterns, developers across the country are blowing up shopping centers and redrawing their mall maps to give more real estate to restaurants, nail salons and gadget stores and less square footage to clothing outposts.

California Approves Highest Minimum Wage in the Country

By 2022, California will be the state with the highest minimum wage in the country, making it an expensive place to do business.

Interest Rates to Rise This Spring as Economy Improves

UCLA Anderson Forecast predicts that the U.S. economy will grow moderately in 2016 and 2017.

Republic Business Credit Taps Fred Gaylord

Republic Business Credit announced it has hired Fred Gaylord as senior vice president of sales and marketing.

What Consequences Would Raising Tariffs Have on the Apparel Industry?

In the whirlwind of election-year debates, some politicians have been taking a protectionist attitude and threatening to raise U.S. tariffs and erect trade barriers.

Man Who Embezzled From Citizens of Humanity Pleads Guilty

The man who oversaw a scheme to embezzle $8 million from a commercial laundry house owned by Citizens of Humanity pleaded guilty to federal charges, according to the U.S. Attorney’s office.

California and Nation to See Continued Economic Growth

The latest LAEDC economic forecast calls for continued growth in California and the rest of the country.

What Does an Economic Shift Mean for the Factoring Industry?

The global economy started out this year with a whimper, not a bang.

Express Trade Opens Los Angeles Office

New York–based Express Trade Capital Inc. now has a West Coast office, which is headed by Dina Davletshina.

Third-Quarter Revenues Slip for American Apparel

Third-Quarter Revenues Slip for American Apparel

Just days after American Apparel was cleared to exit bankruptcy, the troubled Los Angeles clothing maker filed its third-quarter earnings results showing the company is bleeding money.

Letter to the Editor: Charney Responds to the Bankruptcy Court Decision

Dov Charney Responds to the Bankruptcy Court Decision

L.A.–Based Brentwood Associates Buys Boston Proper

Boston Proper, the multichannel retailer owned by Chico’s FAS Inc., has been acquired by Los Angeles–based private-equity investment Brentwood Associates for an undisclosed amount.

Holiday Sales Not as Robust as Expected

The results are in. Holiday sales are up 3 percent over last year.

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