Financial News: Page 159


  • Kohl's kicks off holiday hiring in July

    The retailer is also staffing five new stores and a planned 3,000 additional associates to help with customer service and omnichannel functions. 

    By July 17, 2019
  • Anne Klein sold to PE-backed firm

    The brand is one of those left over from Nine West Holdings after Authentic Brands Group bought its namesake last year.

    By July 17, 2019
  • Claire's hires Party City exec as CEO

    Ryan Vero takes over the teen accessories retailer as it looks to move beyond its Chapter 11 last year. 

    By July 17, 2019
  • Retail sales soar in June

    The upbeat results are poised to continue, especially for discounters, analysts said.

    By July 16, 2019
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    Retrieved from Target on November 14, 2017
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    Target brings in Facebook vet to lead tech ops

    Hari Govind will oversee cloud computing, network connectivity and operations for technology throughout the retailer's business. 

    By July 16, 2019
  • Ikea to close only US factory, cut 300 jobs

    The Swedish furniture retailer will move operations to existing facilities in Europe where production costs are lower.

    By July 16, 2019
  • Deep Dive

    From Old Navy to Madewell: How sub-brands grow up to eat their parents

    Some stores began as a way for retailers to expand their customer base. Then they took over.

    By July 16, 2019
  • What 5 stats say about Prime Day 2019

    With Amazon's fifth-annual sales day underway, Retail Dive took a look at what experts had to say about the event.

    By July 15, 2019
  • Rent-A-Center to acquire Merchants Preferred for $47.5M

    The deal accelerates the company's shift in emphasis from physical rental to financial services for people with slim or poor credit profiles.

    By July 15, 2019
  • Barneys reportedly mulls bankruptcy as rent woes take toll

    According to multiple outlets, the retailer is exploring its options months after reports that it might downsize its Manhattan flagship. 

    By July 15, 2019
  • Former Payless CEO joins J.C. Penney's board

    The one-time chief of the discount shoe retailer led it through a Chapter 11 and now will help steer Penney as it tries to find its way in a punishing market.

    By July 12, 2019
  • Charming Charlie's pending liquidation a reminder of bankruptcy's limits

    The retailer plans to close all 261 stores in bankruptcy after its first trip through Chapter 11 failed to fix its underlying problems.

    By July 12, 2019
  • Bolt raises $68M to help retailers compete with Amazon

    The startup aims to support retailers whose online shopping operations can’t keep up with the e-tailer by offering checkout and fraud detection features.

    By Tatiana Walk-Morris • July 12, 2019
  • Prime Day sales begin early for Alexa users

    Amazon revealed that shoppers who own the smart devices have access to select sales on Saturday by asking, "Alexa, what are my deals?"

    By July 12, 2019
  • Williams Sonoma brand chief stepping down

    The leadership change comes after recent spats of slow and negative sales growth at the kitchenware and home goods brand. 

    By July 11, 2019
  • Bed Bath & Beyond to review assets

    Following pressure from shareholders in April, interim-CEO Mary Winston laid out a four-part strategic plan that includes reviewing its brand portfolio.

    By July 11, 2019
  • Wet Shave Club takes aim at Harry's, Dollar Shave Club

    The direct-to-consumer business is foregoing the subscription trend utilized by other DTC personal care brands by offering a year's supply of razors at once.

    By July 11, 2019
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    Yujin Kim/Retail Dive
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    Amazon to invest $700M to retrain 100K employees

    Programs to reskill current staff will allow the company to gain technical talent without having to fight over a small pool of qualified workers.

    By Matt Leonard • July 11, 2019
  • Crate & Barrel to expand in-store restaurant concept

    The first Table at Crate opened in Chicago in July and turned a profit by the second month, according to CEO Neela Montgomery. 

    By Emma Liem Beckett • Updated Sept. 17, 2019
  • Lady Gaga to debut beauty line on Prime Day

    Pre-orders for Haus Laboratories begin July 15, and the brand will be sold exclusively through Amazon, the celebrity told Business of Fashion.

    By July 10, 2019
  • Levi's sales up 5% as DTC business posts double-digit growth

    Sales are on the rise across the denim brand's business, and it plans to expand into new categories and markets while using technology to boost profits. 

    By July 10, 2019
  • Stein Mart faces possible Nasdaq delisting

    The company is the latest retailer to struggle to maintain good standing with major stock exchanges.

    By July 9, 2019
  • Etsy pushes merchants to adopt free shipping

    The online marketplace said on Tuesday it will give priority placement in U.S. search results to merchants who adopt the initiative.

    By July 9, 2019
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    Retrieved from Amazon on October 09, 2018
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    Amazon can be held liable for Marketplace sales, court rules

    Federal judges cleared the path for a liability lawsuit to proceed against the e-commerce giant over a product sold by a third-party vendor. 

    By July 9, 2019
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    Retrieved from Ebay on July 09, 2019
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    EBay announces summer outlet store

    The marketplace promises 70% off major brands to coincide with competitor Amazon's Prime Day sales.

    By Lisa Rowan • July 9, 2019