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Matt Townsend

Matt Townsend

Business Editor of Checkout at Bloomberg

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Influence score
71
Phone
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Location
United States
Languages
  • English
Covering topics
  • Business

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Recent Articles

bloomberg.com

A Dying Mall in Concord, New Hampshire - Bloomberg

On a crisp Friday evening in late October, Shannon Rich, 33, is standing in a dying American mall. Three customers wander the aisles in a Sears the size of two football fields. The RadioShack is empty. A woman selling smartphone cases watches “Homeland” on a laptop.
bloomberg.com

Dollar Tree Threatens to Abandon Deal If Vote Delays Persist - Bloo...

Dollar Tree Inc. has a message for shareholders of Family Dollar Stores Inc.: Approve its current takeover offer or it’s walking away.
bloomberg.com

American Apparel CEO Wants Less Skin But Will Still Be Edgy - Bloom...

Paula Schneider, American Apparel Inc.’s new chief executive officer, wants the brand to be as provocative as it was under expelled founder Dov Charney. Just with less skin.
bloomberg.com

Port Logjam Costs Toymakers Millions With Sales Stranded at Sea - B...

Geoffrey Greenberg never thought the West Coast ports’ traffic jam would get this bad.
bloomberg.com

J.C. Penney’s Next CEO Lays Out How Struggling Chain Can Thrive

Marvin Ellison, J.C. Penney Co.’s next leader, laid out his plans for how the chain can thrive again, a vision that includes cutting supply-chain costs, improving customer service and better connecting stores to the Web.
bloomberg.com

New Balance to Challenge Nike With Its Biggest Ad Campaign Ever - B...

New Balance is planning an advertising blitz that’s twice as big as any in its 109-year history, taking aim directly at Nike Inc.
bloomberg.com

Retailers' Answer to Apple Pay Is Said to Hit Stores in August - Bl...

After almost three years in development, the retail industry’s answer to Apple Pay is finally getting off the ground.
bloomberg.com

P&G's New CEO Confronts Lafley's Unfinished Turnaround - Bloomberg

Procter & Gamble Co.’s David Taylor, named to the chief executive officer job on Tuesday, won’t have an easy time completing the turnaround effort of his predecessor.
bloomberg.com

American Apparel Plummets as Cash Dwindles Amid Wider Losses - Bloo...

American Apparel Inc. plunged 37 percent after posting a wider second-quarter loss and saying that it’s in talks with lenders to avoid defaulting on its credit line.
bloomberg.com

Under Armour Investors Approve New Shares as CEO Keeps Control - Bl...

Under Armour Inc. investors approved the creation of a new class of shares that don’t have voting rights, which will maintain founder and Chief Executive Officer Kevin Plank’s control of the sporting-goods maker.
bloomberg.com

The Toy That Sparked 1980s Riots Is Still Fueling Fights Today

The new fight over Cabbage Patch Kids has sabotage, choke holds, and slurs.