Financial News: Page 114


  • Amazon truck loaded for Prime Day.
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    Courtesy of Amazon
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    Amazon returns to 'debt-fueled growth' amid online boom

    The e-commerce giant has been frantically building capacity and could spend $20 billion on shipping in Q4 as sales surge, according to Moody's.

    By Oct. 15, 2020
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    Cara Salpini/Retail Dive
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    Away's Steph Korey steps down as co-CEO

    Former Lululemon exec Stuart Haselden is taking over as sole CEO, part of a plan the DTC brand announced earlier this year.

    By Oct. 15, 2020
  • Bed Bath & Beyond to sell Christmas Tree Shops banner

    Combined with a sale of its Linen Holdings business and a distribution center, the home goods retailer expects to generate some $250 million from the deals.

    By Oct. 14, 2020
  • A light post sits just below the big red sign on Macy's flagship store.
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    Daphne Howland/Retail Dive
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    Macy's taps retail consultant as CFO

    Before joining Boston Consulting Group, Adrian Mitchell held various executive positions at retailers including Crate and Barrel and Target.

    By Oct. 14, 2020
  • Ascena moves to sell Justice tween brand for $35M

    The apparel brand, once the top performer, has faltered in recent quarters, but CEO Gary Muto expects its bankruptcy auction to be competitive.

    By Oct. 14, 2020
  • Walmart customer
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    Courtesy of Walmart
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    Walmart spreads Black Friday deals throughout November

    The retail giant plans three separate events that begin online and end in stores and will offer curbside pickup for sales event purchases.

    By Oct. 14, 2020
  • Centric Brands exits bankruptcy

    The company shed some $700 million in debt in Chapter 11 and is looking for growth upon emerging from the court process.

    By Oct. 13, 2020
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    Getty Images
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    As holiday shopping begins, half of consumers hurt economically by pandemic

    A new report from PwC found that many consumers are grappling with lost income and jobs, and a majority are also concerned about COVID-19 in stores. 

    By Oct. 12, 2020
  • Athletics retailers advertise diversity, but does leadership reflect it?
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    Danielle Ternes/Retail Dive
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    Deep Dive

    Athletics retailers advertise diversity, but does their leadership reflect it?

    Campaigns and company statements about systemic racism and women's rights abound in the athletics space. The pace of change is less certain.

    By Oct. 12, 2020
  • How much has executive diversity changed in retail?

    In this package, Retail Dive examines racial and gender diversity in leadership roles from four different angles.

    By Oct. 12, 2020
  • Diverse exec representation remains stagnant in retail
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    Danielle Ternes/Retail Dive
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    Deep Dive

    As retailers focus on diversity, executive representation is stagnant

    Protests against systemic racism this year pushed retailers to take a magnifying glass to diversity, and many areas are lacking.

    By Oct. 12, 2020
  • The legacy status of beauty retailers can prevent diversity in leadership
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    Danielle Ternes/Retail Dive
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    Deep Dive

    Legacy 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 Oct. 12, 2020
  • Female-focused sectors of retail continue to be run by men
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    Danielle Ternes/Retail Dive
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    Deep Dive

    Bras and BB cream: Why aren't brands for women run by them?

    In lingerie and beauty, a large part of the diversity battle is being fought on the highest ground: the C-suite.

    By 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 Updated Oct. 9, 2020
  • Target partners with FAO Schwarz for the 2020 holiday season.
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    Courtesy of Target
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    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
  • Sun shines on an Old Navy store front, under bright blue sky.
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    Daphne Howland/Retail Dive
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    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 Oct. 9, 2020
  • Store doing temperature checks for COVID
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    Daphne Howland/Retail Dive
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    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 Oct. 9, 2020
  • A red Levi's tab sign against a bright blue sky.
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    Daphne Howland/Retail Dive
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    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 Oct. 8, 2020
  • Adidas head of HR, Amanda Rajkumar
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    Courtesy of Adidas
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    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 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 Oct. 8, 2020
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    Retrieved from Dollar General on October 08, 2020
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    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 Oct. 8, 2020
  • A J. Jill storefront in a mall
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    Cara Salpini/Retail Dive
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    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 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
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    Yujin Kim/Retail Dive
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    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 Oct. 7, 2020
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    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 Oct. 7, 2020