Financial News: Page 143
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Victoria's Secret stores exec departs
April Holt, executive vice president of stores and store operations since 2016, was with the struggling brand in various roles for nearly 17 years.
By Daphne Howland • Oct. 10, 2019 -
Bed Bath & Beyond poaches Target exec for CEO
Mark Tritton, who previously served as executive vice president and chief merchandising officer at the mass merchant, will take the helm Nov. 4.
By Caroline Jansen • Oct. 10, 2019 -
Macy's inks deal with Potbelly for 4 in-store restaurants
The struggling department store will add outposts of the sandwich chain inside three California stores and one New York location as its foot traffic declines.
By Lauren Manning • Oct. 10, 2019 -
Target taps its bench to fill chief merchant, CFO roles
Two senior execs overseeing critical categories for the retailer are filling the void left by Mark Tritton, while a Target vet is set to succeed CFO Cathy Smith.
By Ben Unglesbee • Oct. 10, 2019 -
8 dressing rooms and what they say about the state of retail
Editor Kaarin Vembar visited a variety of fitting rooms in the Washington, D.C., area. Here's what she found.
By Kaarin Moore • Oct. 10, 2019 -
Adidas partners with Universal Standard on size-inclusive collection
The performance collection is the latest sign that merchandising for all body types is becoming a must in the apparel industry.
By Daphne Howland • Oct. 9, 2019 -
Levi's opening 100 more stores as wholesale declines
Consumers are increasingly going to be able to get their Levi's directly from the brand, and they're likely to pay full price, executives said Tuesday.
By Daphne Howland • Oct. 9, 2019 -
Deep Dive
The department store of the 21st century isn't Macy's
The retailer has whittled its footprint, embraced fresh concepts and unleashed a new strategy. But the magic? It's now found elsewhere.
By Daphne Howland • Oct. 9, 2019 -
New Toys R Us turns to Target to support online sales
The resurrected toy retailer relaunched its website and packed it full of advice and tips for shoppers, but is leaving actual sales to the retail giant.
By Ben Unglesbee • Oct. 8, 2019 -
Bonobos lays off staff amid Walmart's e-commerce reset
News of the layoffs comes on the heels of ModCloth's sale, a possible sign of a strategy shift in the retail giant's digital arm.
By Ben Unglesbee • Oct. 8, 2019 -
Jessica Simpson apparel owner explores sale of unnamed brands
Sequential Brands is considering strategic options after unsolicited offers for labels in its portfolio, as CEO Karen Murray steps down.
By Daphne Howland • Oct. 8, 2019 -
Burberry, The RealReal pilot resale partnership
As part of the collaboration, customers who consign the designer's pieces will gain access to an in-store shopping experience with the luxury retailer.
By Tatiana Walk-Morris • Oct. 8, 2019 -
Costco expected to 'remain a share gainer' as sales jump 8%
The consistently strong retailer has found ways to boost online sales without sacrificing profit or identity.
By Ben Unglesbee • Oct. 7, 2019 -
Walmart sells ModCloth to financial firm
The retail giant is restructuring its e-commerce unit, unloading the women's apparel brand two and a half years after the acquisition.
By Ben Unglesbee • Oct. 7, 2019 -
Victoria's Secret turns to UK's Bluebella in brand refresh
The company appears to be tweaking its sexy image to one of empowerment as it stakes its comeback in part on collaborations.
By Daphne Howland • Oct. 7, 2019 -
Lands' End launches branded credit card with customer perks
The apparel company is among the latest to introduce a credit card to boost consumer loyalty.
By Tatiana Walk-Morris • Oct. 7, 2019 -
Bed Bath & Beyond to cut $1B in inventory, hundreds of millions in costs
The retailer increased store closures to 60 by end of the year, but executives hope inventory reduction and other savings will stop the bleeding.
By Emma Cosgrove • Oct. 7, 2019 -
Deep Dive
6 lessons from Blockbuster's demise still relevant to retailers today
Unmanageable debt, shallow consumer knowledge, unsophisticated pricing — the video retailer's bumpy path to liquidation has a familiar ring to it.
By Ben Unglesbee • Oct. 7, 2019 -
These retailers could benefit from Forever 21's bankruptcy
B. Riley FBR analysts think American Eagle, Express and others could pick up nearly $700 million in sales lost to the Chapter 11 closures.
By Ben Unglesbee • Oct. 4, 2019 -
Ascena takes bankruptcy off the table
The apparel conglomerate swung to a loss in the quarter, but said unloading its discounters has sharpened the focus on its remaining brands.
By Daphne Howland • Oct. 4, 2019 -
Mall vacancy rate at 8-year high
A report from Reis underscores mall challenges in a year when retailers have closed nearly 7,300 stores.
By Daphne Howland • Oct. 3, 2019 -
Amazon fights back against AAFA's 'notorious market' claims
In a letter to a U.S. Trade Representative, the e-commerce giant said it goes "well beyond" its legal obligations in fighting counterfeits.
By Ben Unglesbee , Daphne Howland • Updated Oct. 16, 2019 -
H&M's fresh strategy ushers in first profit growth in 2 years
The fast-fashion retailer is opening fewer stores, fueling e-commerce and doubling down on sustainability — and shoppers also like the clothes.
By Daphne Howland • Oct. 3, 2019 -
Bed Bath & Beyond raises expected closures to 60
The closures will include shuttering 40 of its namesake stores and 20 from its other banners.
By Caroline Jansen • Oct. 3, 2019 -
Hill City to sell in 7 Athleta stores
Gap, Inc.'s younger men's athletics brand is also opening its first physical location through a pop-up in the San Francisco area.
By Cara Salpini • Oct. 3, 2019