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J Crew, Lululemon find e-comm surge stresses websites

Bloomberg Black Friday is now possible from the comforts of your living room — but only if retailers’ websites are functioning properly. Some frustrated shoppers are finding that’s not the case. In a year when digital sales are soaring, several big-name chains have reported issues with their online shopping systems. J Crew reported on Twitter that it was experiencing “some ...

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Almada PE fund sees value in used Boeing 737 planes

Bloomberg Canada’s newest player in the aircraft leasing business is ready to flex its muscles. Almada Inc., a Toronto-based private equity firm, is looking to buy as many as 10 additional aircraft for its new leasing fund after acquiring its first five planes. Having raised $80 million ($61 million) from wealthy individuals earlier this month, it has commitments for another ...

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Handbag superpowers Kors, Coach fight for crazed Macy’s shoppers

Bloomberg During the holiday shopping frenzy that grips America every year, the handbag wars descend upon midtown Manhattan with unbridled fury. Specifically, the largest department store in the country: the Macy’s flagship. The behemoth opens its doors on Thanksgiving afternoon to thousands of shoppers, and the first thing they see are the bags. Employees on the front lines brace for ...

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