Financial News: Page 109
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Danielle Ternes/Retail Dive
Deep DiveLegacy reigns at top beauty retailers. Here's why that could hurt diversity.
Promoting women to the C-suite isn't the only thing beauty brands should have in mind. They also face a reckoning over racial inclusivity.
By Cara Salpini • Oct. 12, 2020 -
J.C. Penney moves to close 144 stores as progress on sale grinds slowly
Vendors are holding back product as they wait for a deal to sell the bankrupt chain to landlords to materialize. This story includes corrected information.
By Ben Unglesbee • Updated Oct. 9, 2020 -
Courtesy of Target
Target teams with FAO Schwarz for exclusive toy collection
The collection includes 70 items, and the iconic toy brand will also offer 300 of the mass merchant's products at its New York flagship.
By Tatiana Walk-Morris and Ben Unglesbee • Oct. 9, 2020 -
Daphne Howland/Retail Dive
Gap Inc.'s Old Navy chief takes on the job permanently
Company veteran Nancy Green has led the discount brand since March, returning to it last year after a stint heading activewear brand Athleta.
By Daphne Howland • Oct. 9, 2020 -
Daphne Howland/Retail Dive
Retailers brace for more pandemic trouble
An uneasy economy and relentless disease outbreak are threatening a repeat of the second quarter as the holidays approach.
By Daphne Howland • Oct. 9, 2020 -
Daphne Howland/Retail Dive
Levi's expands Red Tab sales to 500 Target stores
While it's opening new stores of its own, the iconic denim maker shows it still believes in wholesale as it also partners with Dick's Sporting Goods.
By Daphne Howland • Oct. 8, 2020 -
Courtesy of Adidas
Adidas names new HR chief
The previous head of HR, Karen Parkin, left in June after employees reportedly asked the company to investigate her approach to workplace racial issues.
By Cara Salpini • Oct. 8, 2020 -
5 retailers winning despite the pandemic
The crisis caused unparalleled disruption to the industry. However, a small number of companies have not only been able to stay afloat, but thrive.
By Caroline Jansen • Oct. 8, 2020 -
Retrieved from Dollar General on October 08, 2020
Dollar General launches ‘Popshelf,’ a new concept store aimed at suburban women
The deep discounter has two stores set to open this fall and plans to add around 30 by the end of next year.
By Ben Unglesbee • Oct. 8, 2020 -
Cara Salpini/Retail Dive
J. Jill names new CEO after dodging bankruptcy this year
Claire Spofford was once the company's chief marketer, and most recently was president of catalog and digital specialist Cornerstone Brands.
By Ben Unglesbee • Oct. 8, 2020 -
Walmart enters Medicare broker market, threatening incumbents
The retailer plans to sell Medicare Advantage and prescription drug plans from major insurers during this year's annual enrollment period.
By Rebecca Pifer • Oct. 8, 2020 -
House report accuses Amazon of abusing market power
In a 450-page document, a subcommittee devoted to antitrust matters suggest "structural separation" of tech giants.
By Ben Unglesbee • Oct. 7, 2020 -
Pandemic stimulus delay alarms retailers as holidays loom
The president sent several confusing tweets Tuesday, hobbling renewal of a relief package that observers have credited with bolstering sales.
By Daphne Howland • Oct. 7, 2020 -
"True Religion Brand Jeans" by Mike Mozart is licensed under CC BY 2.0
True Religion exits bankruptcy
Among the first knocked into Chapter 11 by COVID-19, the denim specialist is emerging with less debt, fewer stores and a leaner business.
By Ben Unglesbee • Updated Oct. 20, 2020 -
Daphne Howland/Retail Dive
Department stores' decade of decline
The coronavirus pandemic has worsened an existential crisis that deepened over the last 10 years.
By Daphne Howland • Oct. 7, 2020 -
Daphne Howland/Retail Dive
Macy's invests in installment payments firm Klarna
The department store also announced a partnership with DoorDash for same-day delivery through almost 500 locations, with no minimum order.
By Daphne Howland • Oct. 6, 2020 -
Adidas coaches its suppliers in the sustainability marathon
The sportswear brand applies the 80/20 rule to reducing emissions with a focus on strategic tier 1 and 2 suppliers.
By Emma Cosgrove • Oct. 6, 2020 -
Yujin Kim/Retail Dive
Deep Dive17 retailers that could go bankrupt as the COVID-19 era wears on
The industry is approaching a record for filings this year, and others are still vulnerable as the economy, pandemic and retail evolution take their toll.
By Ben Unglesbee • Oct. 5, 2020 -
"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Bankrupt Tuesday Morning is looking for buyers
The off-pricer is seeking a sale as it tries to pave a path out of Chapter 11.
By Ben Unglesbee • Oct. 5, 2020 -
J. Crew parent faces uncertainty post-bankruptcy, says S&P Global
Fragility in the apparel market and the ongoing pandemic threaten to derail the larger namesake brand and Madewell alike, despite a lighter debt load.
By Daphne Howland • Oct. 5, 2020 -
Ghosts, ghouls and social distancing: A fractured Halloween haunts Party City
Consumers aren't abandoning the holiday, but they are celebrating it — and shopping — differently this year. What does that mean for specialists?
By Ben Unglesbee • Oct. 5, 2020 -
Daphne Howland/Retail Dive
S&P Global Ratings sees slow recovery ahead for Neiman Marcus
The pandemic and the recession threaten to undermine the department store retailer's recovery well into next year, according to a note released Thursday.
By Daphne Howland • Oct. 2, 2020 -
Walmart sells majority stake in Asda
The sale, which went through numerous hurdles over the past two years, allows the retailer to focus on its U.S. operations.
By Jeff Wells • Oct. 2, 2020 -
Courtesy of Walmart corporate blog
Study: 11% of U.S. shoppers have signed up for Walmart+
Research firm Piplsay also found that 19% of consumers said they migrated from Amazon Prime to Walmart's subscription service.
By Jessica Dumont • Oct. 2, 2020 -
Courtesy of Whole Foods
Nearly 20K US Amazon workers test positive for coronavirus
The e-commerce giant called on other companies to reveal their infection rates, while a major labor union slammed the outcome as a failure to protect workers.
By Daphne Howland • Oct. 2, 2020
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