Financial News: Page 157
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Dillard's beats expectations despite steep declines
The Southern department store is among the few traditional retailers expanding its stores.
By Daphne Howland • Nov. 14, 2019 -
Retrieved from Walmart on May 14, 2019
Walmart posts 41% online sales growth but hunts for margins
The retail giant posted another quarter of sales gains, but even its CEO noted "we need to do more and move faster" to profitably build out its digital store.
By Ben Unglesbee • Nov. 14, 2019 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Column
SKU'd: The world doesn't need Ann Taylor
As offices get more casual, do sophisticated apparel basics even fit anymore?
By Kaarin Moore • Nov. 14, 2019 -
As Gen Z turns away from makeup, beauty braces for an ugly holiday season
Ulta Beauty and Estée Lauder faced recent stock downgrades from Piper Jaffray. Analysts expect the category to be more promotional this year.
By Cara Salpini • Nov. 13, 2019 -
Study: Injured retail workers are out an average 24 days
The most expensive injuries for retail workers involve falls or slips from ladders or scaffolding, resulting in an average payout of $21,000.
By Valerie Bolden-Barrett • Nov. 13, 2019 -
Nike to stop selling on Amazon
A company spokesperson said the brand was focused on "elevating consumer experiences through more direct, personal relationships."
By Cara Salpini • Nov. 13, 2019 -
Shoptalk invites only women to speak at its 2020 event
The group's founder said that women remain underrepresented in business and that "extreme problems require extreme solutions."
By Daphne Howland • Nov. 13, 2019 -
Overstock sales down 21% as it pulls back on marketing
The troubled e-tailer also disclosed that it has been subpoenaed by the Securities and Exchange Commission.
By Ben Unglesbee • Nov. 12, 2019 -
Alibaba smashes Singles Day record with $38.4B in sales
The shopping festival made more in 24 hours than Amazon's entire online store sales in the third quarter.
By Tatiana Walk-Morris • Nov. 12, 2019 -
Neiman Marcus cuts HQ jobs to focus on growth
The privately held retailer, which also runs Bergdorf Goodman, has work to do addressing both operational and merchandising challenges.
By Daphne Howland • Nov. 12, 2019 -
Le Tote completes Lord & Taylor acquisition
The online apparel rental service said it's the first digital native to buy an old-school brick-and-mortar retailer.
By Daphne Howland • Nov. 11, 2019 -
Destination Maternity kicked off stock exchange
The retailer, which filed for bankruptcy last month, won't fight a Nasdaq Stock Market delisting notice that goes into effect Nov. 18.
By Daphne Howland • Nov. 11, 2019 -
Retrieved from Amazon on October 09, 2018
Deep DiveWhat keeps Amazon CEO Jeff Bezos awake at night?
As the company reaches into a growing array of industry sectors, Industry Dive publications pulled together their expertise to analyze how competitors thrive amid the next wave of disruption.
By Nami Sumida • Nov. 11, 2019 -
Deep Dive
Losing to win: Why major retailers need to close more stores
That begs the industry's Goldilocks question: What size footprint is "just right"?
By Daphne Howland • Nov. 11, 2019 -
Sears disappearing act rolls on with nearly 100 new closures
The most recent wave of liquidations would leave the ailing retailer with 182 stores.
By Ben Unglesbee • Nov. 8, 2019 -
Express debuts DTC brand UpWest
The new venture, which the company calls a "purpose-driven lifestyle brand" is focused on everyday casual apparel.
By Kaarin Moore • Nov. 8, 2019 -
Party City's October sales a 'disaster' with Halloween stores down 21%
Executives said the retailer hasn't lost market share in the physical channel for costumes, but the slowdown at the company's stores was so big that might be of scant consolation.
By Ben Unglesbee • Nov. 8, 2019 -
Tommy Hilfiger to transition design process to digital
The apparel brand has established a tech incubator dedicated to training employees on its 3D design platform.
By Lisa Rowan • Nov. 8, 2019 -
Deep Dive
Art Peck's abrupt exit might be Gap's last chance
With the ouster of its CEO, the apparel giant may have thrown cold water on its plan to spin off its discount brand. What now?
By Daphne Howland • Nov. 8, 2019 -
Art Peck out at Gap Inc.
The longtime CEO was set to lead the new "Gap Inc." after Old Navy spins off. Instead, Board Chairman Robert Fisher, of the founding family, takes over in the interim.
By Daphne Howland • Updated Nov. 7, 2019 -
The RealReal defends authentication record
The company staked its reputation on claims that no other reseller is better at fighting fakes, but an investigative CNBC report couldn't come at a worse time.
By Daphne Howland • Updated Nov. 7, 2019 -
Ralph Lauren turns to rental, resale as turnaround sticks
The company had a good quarter in all regions and is confident enough to begin raising prices and scaling back promotions, executives said Thursday.
By Daphne Howland • Nov. 7, 2019 -
Debtwire: Papyrus considers store closures as it negotiates with landlords
The paper product specialist is reportedly trying to win rent concessions from landlords as mall-based specialty retailers across the board struggle.
By Ben Unglesbee • Nov. 7, 2019 -
Walgreens reportedly mulling massive private equity buyout
The drugstore retailer is exploring a possible go-private deal, which would be the largest leveraged buyout in history, according to multiple media reports.
By Ben Unglesbee • Nov. 6, 2019 -
CVS will shutter 75 stores next year
Where rivals are shuttering locations by the hundreds, CVS is trimming underperforming ones as it expands its Health Hub healthcare concept.
By Daphne Howland • Nov. 6, 2019