Corporate News
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Prime Unicorn Index: The RealReal set to hit unicorn status with latest funding
The upscale resale site authorized the sale of up to $70 million in new shares, which if sold, would value the company at over $1 billion.
By Caroline Jansen • April 24, 2019 -
EBay upgrades guidance on Q1 performance
Like Amazon, the company is seeing more money come in from its advertising operations.
By Daphne Howland • April 24, 2019 -
H&M expands product transparency for online apparel
Several sustainability and ethics watchers give the fast-fashion retailer props for its efforts, but also say it should go further.
By Daphne Howland • April 24, 2019 -
Chico's CEO is out
Board member Bonnie Brooks, formerly vice chair, president and CEO of Hudson's Bay Company, takes over from Shelley Broader.
By Daphne Howland • April 24, 2019 -
Ulta lands exclusive deal with DTC brand Madison Reed
It's part of a larger strategy for the beauty retailer, which has also made deals with brands like Morphe and Kylie Cosmetics.
By Cara Salpini • April 24, 2019 -
Retail hiring fell 8.1% in 2018
The shift is particularly noteworthy because the industry has struggled with recruiting and retention efforts of late.
By Valerie Bolden-Barrett • April 23, 2019 -
Amazon makes garage parcel deliveries available
The release of Key for Garage is the company's latest effort to fight back against porch pirates and ensure deliveries end up in the right hands.
By Matt Leonard • April 23, 2019 -
All Kohl's stores to take Amazon returns
The 2-year-old pilot will become standard practice in July, and brings benefits to both retailers and their customers.
By Daphne Howland • April 23, 2019 -
Torrid withdraws IPO plans
Plus apparel is getting renewed attention from disruptors and traditional brands alike, and that may be pressuring the private equity-owned retailer.
By Daphne Howland • April 23, 2019 -
Walmart rewards supplier emission cuts
Suppliers for the retailer have avoided 3.46 million metric tons of greenhouse gas emissions as part of Project Gigaton China.
By Matt Leonard • April 23, 2019 -
The downward spiral of Francesca's
The boutique retailer has reported double digit comps declines for five straight quarters, with a sixth projected, and has around $14 million in cash left.
By Daphne Howland • April 22, 2019 -
Target unveils green, affordable household product brand
"Everspring" takes a note from startup Brandless for affordable goods, and furthers the retailer's private label efforts.
By Daphne Howland • April 22, 2019 -
Sears says Lampert stripped company 'of billions of dollars of assets'
Several analysts have made observations along the same lines for years, but ESL on Monday “vigorously” disputed the claims.
By Daphne Howland • April 22, 2019 -
Bed Bath & Beyond shakes up board amid activist pressure
But the investor group responded saying the retailer's actions still weren't enough, pointing to the fact that the current CEO remains in his role.
By Caroline Jansen • UPDATED: April 22, 2019 at 4:31 p.m. -
Under Armour head of North America to depart
Jason LaRose has been the president of that division since 2016, and has worked at the athletics retailer in various roles since 2013.
By Cara Salpini • April 22, 2019 -
Amazon, Walmart join online SNAP pilot
The USDA program, which has launched in New York state, will bring the convenience of online grocery shopping to millions of benefit recipients.
By Jessica Dumont • April 22, 2019 -
Podcast
Conversational Commerce: How one digitally native brand baked sustainability into its DNA
An environmental focus doesn't have to come at the cost of profitability, says Grove Collaborative CEO Stu Landesberg.
By Corinne Ruff • April 22, 2019 -
Deep DiveTrue blue: Denim has to change to save the planet
The classic American blue jean may be the world's most beloved fabric, and innovations are helping produce it more sustainably.
By Daphne Howland • April 22, 2019 -
March sales surge 1.7%
Most segments, including many that had declines last month, bounced back from February, according to the latest monthly retail sales report from the Commerce Department.
By Daphne Howland • April 18, 2019 -
Amazon China marketplace is shutting down
The e-commerce giant opened a digital store on Alibaba's Tmall in 2015, suggesting the company would eventually wind down sales operations, according to analysts.
By Daphne Howland • April 18, 2019 -
Pier 1 appoints interim CFO amid growing financial loss
Deborah Rieger-Paganis, with 30 years of experience improving retailers' finances, replaces Nancy Walsh. But will that be enough?
By Caroline Jansen • April 18, 2019 -
Consumer confidence may be hitting a peak
Americans remain among the most confident consumers in the world, but there are some signs of softening here, too.
By Daphne Howland • April 18, 2019 -
Aldi and Kohl's set to benefit from combo stores, report says
More than three-quarters of shoppers polled by Field Agent said they’d very likely shop at both stores in the same trip.
By Lauren Manning • April 18, 2019 -
Neiman Marcus takes minority stake in resale site Fashionphile
The department store is investing in the e-commerce company in an effort to reach "younger shoppers ahead of their peak spending years."
By Daphne Howland • April 17, 2019 -
ESL attempts to block Sears Hometown liquidation
The appliance and outlet retailer, mostly franchises, was spun off from Sears in 2012 but hasn't entirely escaped its former parent's troubles.
By Daphne Howland • April 17, 2019
