Financial News: Page 161


  • Hollister's Gilly Hicks makes a comeback

    As Abercrombie & Fitch Co. scaled back its lingerie brand in recent years, rival American Eagle and a slew of pure-plays took on Victoria's Secret.

    By July 22, 2019
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    Retrieved from Ebay on July 22, 2019
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    EBay buys minority stake in Paytm Mall

    The investment gives the marketplace access to an audience of more than 450 million customers.

    By Lisa Rowan • July 22, 2019
  • Back-to-school spending expected to reach record highs

    While college shoppers plan to do most of their shopping online, the NRF found consumers as a whole aren't ruling out brick and mortar yet.

    By Tatiana Walk-Morris • July 22, 2019
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    Retrieved from Walmart on April 06, 2018
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    Walmart restructures supply chain team in omnichannel push

    The change brings distribution, fulfillment and transportation under one umbrella in the latest push to integrate digital and store operations.

    By Shefali Kapadia • July 22, 2019
  • Chewy narrows loss after IPO debut

    The pet e-tailer reported net sales rose 45% to $1.1 billion in its first earnings release as a public company.

    By July 19, 2019
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    Retrieved from Amazon on October 09, 2018
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    WSJ: Amazon entices sellers to part with brands for as low as $10K

    In exchange for increased visibility and other perks, businesses reportedly agree to be acquired at the e-commerce giant's discretion.

    By July 19, 2019
  • J.C. Penney says it has not hired bankruptcy advisers

    The struggling retailer is moving to protect a long-running turnaround and avoid bankruptcy, according to earlier press reports.

    By Updated July 19, 2019
  • Saks Fifth Avenue opens new men's shoe space at its NYC flagship

    The revamped area furthers Hudson's Bay Co.'s hopes that the $250 million renovation of its luxury department store might be a lifeline.

    By July 19, 2019
  • Nordstrom faces backlash over Anniversary Sale early access

    Tiered loyalty programs have emerged as a way to meaningfully reward customers. But there's confusion about Nordy Club's perks before the highly anticipated event officially begins.

    By July 18, 2019
  • EBay may put up StubHub and Classifieds for sale

    Unloading either business could challenge its already weaker marketplace, though analysts expressed confidence in those core operations.

    By July 18, 2019
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    Tru Kids
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    Tru Kids, b8ta to open 2 Toys R Us stores in time for the holidays

    The defunct toy retailer is making a comeback through a joint venture that will focus stores around experience and generate revenue from vendor fees.

    By July 18, 2019
  • Chico's-owned Soma to sell fit tech bra through b8ta

    In addition to offering its "SOMAINNOFIT" bra in the retail concept's stores, the intimates brand also announced an expanded partnership with QVC.

    By July 18, 2019
  • Former Petco CEO named president of Party City

    Brad Weston also previously served as the chief merchandising officer at Dick's Sporting Goods. 

    By July 18, 2019
  • Opinion

    Why M&A deal values dropped so dramatically in 2018

    Legacy players are under attack, and incumbents are starting to reexamine portfolios, write A.T. Kearney's Bahige El-Rayes and Alexandre Terseleer.

    By Bahige El-Rayes and Alexandre Terseleer • July 18, 2019
  • 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