Financial News: Page 137


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    Retrieved from Apple on November 28, 2017
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    Apple lets apps send ads as push notifications

    Allowing opt-in marketing messages could help companies reach consumers amenable to push notifications, which have a low open rate due to clutter.

    By Robert Williams • March 10, 2020
  • Bluestem Brands' logo
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    Retrieved from Bluestem Brands, Inc. on March 10, 2020
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    Bluestem Brands files for Ch. 11 with plans to sell itself

    The owner of the Fingerhut and Blair brands was sent into bankruptcy following a downgrade, liquidity crunch and poor holiday performance. 

    By March 10, 2020
  • CVS to acquire Schnucks' pharmacy business

    The drug store giant will acquire and rebrand 99 Schnucks pharmacies and buy patient records from another 11 locations.

    By Jeff Wells • March 10, 2020
  • Stitch Fix spooks investors with guidance pullback

    The company is touting its option allowing customers to buy directly, but some investors worry it indicates that the business is saturated.

    By March 10, 2020
  • Dick's Sporting Goods to cut hunt category from 440 more stores

    That's on top of about 135 stores where the category has already been removed, and signals a continued departure from selling guns.

    By March 10, 2020
  • Tapestry CEO will stick around, but Coach chief is out

    It's now entirely Jide Zeitlin's project, with new leadership already at Kate Spade and Stuart Weitzman, and soon at its best performer.

    By March 10, 2020
  • Victoria's Secret's split from L Brands

    Un-Limited: How Les Wexner ruled retail for 6 decades

    In a surprising turn, Wexner is leaving L Brands' board, cutting ties completely. Here's a timeline of the rise and fall of his empire.

    By , Updated March 30, 2021
  • Art Van Furniture files for Chapter 11

    After losing market share, facing traffic declines and posting negative comp sales every quarter since June 2016, the retailer filed for bankruptcy Monday.

    By March 9, 2020
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    Fotolia
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    Majority of CPG investments go to direct-to-consumer brands

    Consumer product brands received $3.3 billion from venture capital between 2015 and 2019, according to a recent report.

    By Tatiana Walk-Morris • March 9, 2020
  • Ross to open another 100 new stores this year

    The off-price retailer is all-in on brick and mortar, opening a similar number of locations each of the past two years and continuing to shun e-commerce.

    By March 9, 2020
  • Dillard's downgraded after a weak Q4

    Sales declines are weighing on the Southern department store chain's profits, and S&P Global analysts don't expect that to change anytime soon.

    By March 9, 2020
  • Art Van Furniture to close all stores

    The company said it would liquidate all of its namesake, Art Van PureSleep, and Scott Shuptrine Interiors stores, as well as select Wolf Furniture stores.

    By March 6, 2020
  • Burlington exits e-commerce to focus on brick and mortar

    The off-price retailer didn't see good economics online. Now it's plotting 54 new stores as it focuses squarely on physical retail.

    By March 6, 2020
  • Lululemon storefront in New York
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    Cara Salpini/Retail Dive
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    Lululemon says it continues to have 100% gender pay equity

    The brand's promise to track its record and update those figures annually signals the issue is top-of-mind for company executives.

    By March 6, 2020
  • Gap store in San Francisco, Flood Building.
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    Daphne Howland/Retail Dive
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    Gap Inc. taps Old Navy chief as CEO

    Expectations are high as Sonia Syngal takes the reins at the struggling retailer, an unsurprising if welcome move.

    By March 6, 2020
  • Allbirds co-founder Joey Zwillinger speaks at a store opening in Georgetown, Washington, D.C.
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    Cara Salpini/Retail Dive
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    Allbirds founder: Being a sustainable business is 'not that hard'

    At a store opening event in Washington, D.C., Joey Zwillinger sat down with Congressman Jared Huffman to talk about business and the environment.

    By March 6, 2020
  • A Rent the Runway subscriber searches the company's "closet in the cloud" on mobile.
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    Permission granted by Rent the Runway
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    Rent the Runway launches third subscription option

    The new plan introduces a middle level of flexibility to the company's subscription offerings, which now account for three-fourths of its business.

    By March 5, 2020
  • The impact of the coronavirus on retail

    While COVID-19 spreads globally, the retail industry braces for the outbreak's fallout. 

    By , , March 5, 2020
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    Shoptalk
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    Shoptalk postponed until September on coronavirus concerns

    In a reversal of last week's confirmation, the conference will be held in place of its sibling event, Groceryshop, which is rescheduled to spring 2021.

    By March 5, 2020
  • Exterior of Walmart store for SKU'd column.
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    The image by Mike Mozart is licensed under CC BY 2.0 / Edited by Brian Tucker/Retail Dive
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    Column

    SKU'd: Walmart regrets everything it ever purchased

    The one where a big-box retailer goes on a shopping spree, purchases a bunch of companies, then decides to drop them all.

    By March 5, 2020
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    Retrieved from Target on April 03, 2018
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    Target's tech for store-based fulfillment operations is ready to scale

    Machine learning and robotics will allow the retailer to fulfill digital orders from stores and avoid stockouts, executives detailed in an investor presentation.

    By Emma Cosgrove • March 5, 2020
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    Daphne Howland/Retail Dive
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    Erik Nordstrom takes the reins after mixed fourth quarter

    The retailer dismantled its co-president governing structure, but is keeping control in the founding family as it expands its Local strategy.

    By March 4, 2020
  • Kohl's storefront
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    Courtesy of Kohl's
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    Kohl's traffic bumps aren't bringing the sales

    CEO Michelle Gass announced a new teen apparel private label and said similar efforts are planned to address weakness in women's.

    By March 4, 2020
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    Retrieved from Target on April 03, 2018
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    Target plans 6K-square-foot store as it ramps up small format expansion

    The retailer is deepening its reach in urban markets while remodeling larger stores, all in an effort to boost its brick-and-mortar center of gravity.

    By March 4, 2020
  • How Stage Stores stumbled in its off-price blitz

    As late as November, sales were booming and expectations were high. Then came the holidays, bankruptcy rumors, store closures and layoffs.

    By March 4, 2020