Financial News: Page 157


  • Dillard's beats expectations despite steep declines

    The Southern department store is among the few traditional retailers expanding its stores.

    By Nov. 14, 2019
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    Retrieved from Walmart on May 14, 2019
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    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 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
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    Phillip Pessar/Flickr
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    Column

    SKU'd: The world doesn't need Ann Taylor

    As offices get more casual, do sophisticated apparel basics even fit anymore?

    By 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 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 Nov. 13, 2019
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    Corinne Ruff
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    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 Nov. 13, 2019
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    Overstock
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    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 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
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    Montgomery County Planning Commission
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    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 Nov. 12, 2019
  • Puffy clouds and green trees frame a suburban department store building.
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    Daphne Howland/Retail Dive
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    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 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 Nov. 11, 2019
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    Retrieved from Amazon on October 09, 2018
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    Deep Dive

    What 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 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 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 Nov. 8, 2019
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    Flickr
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    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 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 Nov. 8, 2019
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    Shoptalk
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    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 Updated Nov. 7, 2019
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    The RealReal
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    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 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 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 Nov. 7, 2019
  • Walgreens storefront
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    Courtesy of Walgreens
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    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 Nov. 6, 2019
  • A picture of the exterior of a CVS Pharmacy with the logo and name in view.
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    Bruce Bennett via Getty Images
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    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 Nov. 6, 2019