The $10.4 million spent on the investigation is high given American Apparel had only $8.3 million in cash as of Dec. 31.
Chains like Forever 21 and H&M have dramatically slashed the price of clothing in the past decade.
The restaurant chain says its new series of short web videos has racked up millions of clicks among the young viewers it craves.
The struggling teen brand has promised investors a “resurrection” this fall.
Critics say these stars were robbed during casting.
The retailer refuses to raise its minimum wage after Wal-Mart and T.J. Maxx announced boosts this year. Now one women’s group is encouraging Target customers to shop at Wal-Mart instead.
“Nobody’s going to go buy a five-figure watch from a kid.”
BuzzFeed News exclusive: American Apparel employees have filed two complaints with the National Labor Relations Board, one alleging intimidation of workers, and another of a ban on speaking to the press. Update: A third complaint was filed late Friday.
The French beauty retailer has become one of the world’s biggest sellers of high-end makeup and fragrances. From a new innovation lab in San Francisco, it plans to conquer the digital world.
The teen retailer, in its first earnings call since the exit of modern-day founder and CEO Mike Jeffries, said it continues to change the things that made it so cool in the 90s.
Dov Charney appealed to more than 300 current and former textile workers this past Saturday in a backyard meeting in South Central Los Angeles. The American Apparel founder was officially fired in December but refuses to walk away from the company he created in the late ’90s.
The company’s new CEO, Paula Schneider, recently responded to a series of mass emails sent to employees by an anonymous insider. The emails were critical of American Apparel’s new management and the hedge fund backing the company.
Under former CEO Mike Jeffries, Abercrombie & Fitch developed a hyper-specific look for its customers and its employees. That look has now stumbled its way into the Supreme Court.
The “off-price” channel, home of discounted designer goods, is the place to be in retail. Macy’s plans to pilot a new off-price chain as well as expand its Bloomingdale’s outlet locations.
Wal-Mart’s announcement that it will raise its minimum wage came as the retail industry faces a rising number of workers quitting their jobs. Better pay is one way retailers can keep the people they already have, rather than constantly hiring new ones.
The retailer is America’s biggest private employer. Its minimum wage will rise to $9 an hour this year, and $10 an hour in 2016.
The food industry has long known that three daily meals are out, and a procession of snacks from midday to midnight is in. And now the pet food industry is getting onboard.
In an interview with BuzzFeed News, the president had harsh words for the company, which is strictly limiting the hours of part-time workers as the Affordable Care Act’s employer mandate kicks in.
In 2015, an Affordable Care Act provision requiring large employers to offer health insurance to staff working more than 30 hours a week kicked into effect. Now, some part-time staff at Staples say management has become extra vigilant about limiting their hours.
In the clothing and accessories business alone, eight big-name bankruptcies and closures have hit the retail industry the last two months, shutting more than 1,000 stores. The closed doors are symptoms of a bigger problem: America simply has too many stores.