Corporate News: Page 2
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Bloomberg: Shopko mulling bankruptcy filing
Efforts to shop itself around are failing to pan out for the private equity-owned rural chain.
By Daphne Howland • Dec. 07, 2018
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Glossier president and CFO prepares to leave company
The company's long-time president announced he will leave the company to found his own business, following other executives out the door.
By Cara Salpini • Dec. 06, 2018
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Neiman Marcus sales slowly build as debt refinancing talks reset
Tensions rise as at least one debtholder alleges the company has engaged in "deceptive and misleading conduct" with the transfer of its MyTheresa e-commerce business.
By Corinne Ruff • Dec. 06, 2018
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The Children's Place shifts to omnichannel, digital to reach millennial moms
The company sees an opportunity to grab market share in kidswear beyond taking advantage of struggling rivals like Gymboree and Sears.
By Daphne Howland • Dec. 06, 2018
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G-III Apparel Group Q3 growth fueled by wholesale
Its troubled retail sales are "not a secret" and the company is working to close underperforming stores, according to CEO Morris Goldfarb.
By Daphne Howland • Dec. 06, 2018
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Marquee snaps up Dakine
The surf-bike-ski company is the kind of niche brand consumers are gravitating to, and there's plenty of runway for growth.
By Daphne Howland • Dec. 06, 2018
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Bloomberg: Sears hires real estate firm to shop stores around
The move could complicate Sears Holdings Chairman Eddie Lampert's $4.6 billion bid to buy the business and keep stores open.
By Corinne Ruff • UPDATED: Dec. 12, 2018 at 10:16 a.m.
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Gymboree to shutter Crazy 8 stores amid 'strategic review'
Just over a year after exiting Chapter 11, the children's retailer is re-examining its brick-and-mortar footprint and considering a sale of its brands.
By Cara Salpini • Dec. 05, 2018
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HBC CEO: Tech and marketing efforts 'are starting to pay off'
The company closed the deal to unload its European operations and now has the bandwidth to focus on North America, executives said.
By Daphne Howland • Dec. 05, 2018
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Walmart has a fleet of floor-scrubber robots
The tech is just one efficiency advance among many the big-box retailer is exploring.
By Daphne Howland • Dec. 05, 2018
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Kroger to sell groceries at Walgreens stores
The supermarket chain will test Kroger Express outlets inside 13 drug stores.
By Jeff Wells • Dec. 04, 2018
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Quip brushes up $40M following Target launch
After appearing in the big-box retailer's stores this fall, the digitally native oral care brand raised more funding to support product and service launches.
By Corinne Ruff • Dec. 04, 2018
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Tariffs won't drive RH manufacturing out of China, CEO says
The luxury furniture retailer is stoking sales with its services-oriented, hospitality-laced brick-and-mortar strategy.
By Daphne Howland • Dec. 04, 2018
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Ikea to open 1st Manhattan store
The location is part of the furniture retailer's new sales strategy to reach people in urban areas with smaller living spaces.
By Daphne Howland • Dec. 04, 2018
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Shopko closing 39 stores
Some say the Wisconsin-based retailer has been challenged by e-commerce, but others point to its private equity ownership.
By Daphne Howland • UPDATED: Dec. 4, 2018 at 5:38 p.m.
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Freight costs weigh on Dollar General
The retailer is reiterating its plan to expand and upgrade stores despite rising transportation expenses and costs wrought by recent hurricanes.
By Daphne Howland • Dec. 04, 2018
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Sears employees push for severance pay
In a letter addressed to the retailer's chairman, dozens of current and former employees urged Eddie Lampert and other creditors to pay severance.
By Corinne Ruff • Dec. 03, 2018
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J. Jill CFO out amid turnaround
Dave Biese will leave next spring, the retailer said after a quarter demonstrating some traction in its new merchandising and marketing efforts.
By Daphne Howland • Dec. 03, 2018
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Dive AwardsTurnaround of the Year: Kohl's
After a stretch of declining sales, Kohl's took control of its fate through new brand and product partnerships, a loyalty revamp and moves to become more operationally nimble.
By Ben Unglesbee • Dec. 03, 2018
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Dive AwardsThe Retail Dive Awards for 2018
Whether it's giving an old brand new life or transforming the industry on a larger scale, these top retail executives and companies made an impact on 2018.
By Retail Dive Team
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Dive AwardsDisruptor of the Year: Katrina Lake, Stitch Fix
The Stitch Fix founder has merged data science, logistics and fashion intuition, pushing forward an entirely different approach to shopping for clothes that others are mimicking.
By Ben Unglesbee • Dec. 03, 2018
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Dive AwardsRetailer of the Year: Target
Within a year and a half, Target's aggressive business strategy has catapulted the mass merchant from a turnaround story slowly rebounding from quarterly declines to the top of the retail food chain.
By Corinne Ruff • UPDATED: Dec. 3, 2018 at 3:27 p.m.
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Dive AwardsStartup of the Year: Casper
For a 4-year-old company, Casper is more than carrying its weight in the sector, with big plans for brick-and-mortar growth and a fresh approach to mattresses.
By Cara Salpini • Dec. 03, 2018
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Dive AwardsExecutive of the Year: Jeff Gennette, Macy's
While Macy's is still executing on its turnaround plan, the CEO's vision has so far helped the iconic retailer reimagine its purpose for customers in a new era for department stores.
By Corinne Ruff • Dec. 03, 2018
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CEO of Parcel, Walmart's grocery delivery arm in NYC, departs
Jesse Kaplan's departure could deal a blow to the retailer's efforts to gain inroads in the Big Apple through its Jet.com business, Bloomberg writes.
By Jessica Dumont • Nov. 30, 2018