Financial News: Page 161
-
PVH reveals ambitious sustainability goals
The fashion conglomerate, which operates brands like Calvin Klein and Tommy Hilfiger, introduced a plan with 15 targets for increased transparency.
By Kaarin Moore • May 14, 2019 -
Ralph Lauren turnaround gains traction
The apparel retailer is winning over younger consumers, but it may need to be bolder in a highly competitive environment, especially at home.
By Daphne Howland • May 14, 2019 -
Walmart adds 1-day shipping as delivery battle heats up
The retailer's announcement raises the stakes for competitors and comes just weeks after Amazon upgraded its Prime delivery to next-day for many products.
By Ben Unglesbee • May 14, 2019 -
Deep Dive
30 minutes with the CEO of 11 Honoré
Patrick Herning had brands turn him away, stating there wasn't a substantial plus-size market. Then his company opened New York Fashion Week.
By Kaarin Moore • May 14, 2019 -
Rihanna joins luxury group LVMH with Fenty launch
The singer is the first woman to create an original brand under the fashion conglomerate and will join others like Dior, Fendi and Givenchy.
By Kaarin Moore • May 13, 2019 -
Bed Bath & Beyond CEO is out
An activist investor group for weeks has called for Steven Temares to resign, but the struggling home goods retailer has more than that to accomplish.
By Daphne Howland • May 13, 2019 -
Sears' new logo panned by customers
The rebranding campaign comes as the retailer tries to shake off years of turmoil and negative publicity.
By Ben Unglesbee • May 13, 2019 -
Chico's cold to 3rd Sycamore bid
The retailer's board said it would review the latest offer of $3.00 per share, but noted it had already turned down two previous, higher offers.
By Daphne Howland • Updated June 19, 2019 -
Is it lights out for Lord & Taylor?
America's oldest department store, for years a destination for stylish middle class women, could be about to vanish.
By Daphne Howland • May 13, 2019 -
Party City to close 45 stores
The move will free up money to open stores in potentially 200 new markets as the party supplies retailer tests new store formats and categories.
By Ben Unglesbee • May 10, 2019 -
JD profits soar as Q1 beats expectations
The company is solidifying its partnerships in China with outside retailers, including Walmart.
By Daphne Howland • May 10, 2019 -
Overstock loss narrows as 'aggressive' cost cuts continue
Executives on Thursday said they aren't intimidated by rival Wayfair or even Amazon's move to speed up Prime shipping.
By Daphne Howland • May 10, 2019 -
Courtesy of Walgreens
Walgreens wants court to toss Theranos lawsuit
The drugstore's deal with the startup is a stark reminder of the pitfalls of a hasty response to competitive pressures.
By Ben Unglesbee • May 9, 2019 -
Schick maker snags Harry's for almost $1.4B
The deal, like Unilever's purchase of Dollar Shave Club, is yet another signal that the old way of selling consumer products is on its way out.
By Daphne Howland • May 9, 2019 -
Camping World posts loss in RV, outdoor retail segment
CEO Marcus Lemonis remains focused on shifting its retail acquisitions into RV sales locations and shutting down unprofitable stores.
By Cara Salpini • May 9, 2019 -
Kate Spade helps Tapestry advance despite declines
A billion-dollar stock buy-back announced Thursday signals executives' confidence in the conglomerate's runway for growth.
By Daphne Howland • May 9, 2019 -
Walmart says Project Gigaton goals are on track
In its first environmental, social and governance report, the retailer details progress toward its goal of reducing global supply chain emissions.
By Matt Leonard • May 8, 2019 -
Courtesy of Belk
Deep DiveBelk lays its 130-year legacy on the line
The department store thrived in the South for over a century. Now it's turning to a New York agency to rebrand for a new retail era.
By Daphne Howland • May 8, 2019 -
Amazon Go store in NYC is the 1st to take cash
The 12th location is taking old-fashioned currency while cities across the country consider bans on cashless stores to protect low-income shoppers.
By Ben Unglesbee • May 8, 2019 -
Office Depot lowers guidance as profits plummet
The retailer's shift to services hit a roadblock in the quarter, and the company is cutting costs to boost income.
By Daphne Howland • May 8, 2019 -
US Trade Representative confirms 25% tariff hike for Friday
Less than a week's notice on a tariff increase leaves companies with little to no time to adjust their supply chains to mitigate the financial burden.
By Shefali Kapadia • Updated May 8, 2019 -
Victoria's Secret free to trademark 'first love'
The planned name for a personal care line appears to memorialize last year's skirmish between the lingerie stalwart and online upstart ThirdLove.
By Daphne Howland • May 7, 2019 -
Walmart to open 100 in-store veterinary clinics
The retailer will also carry prescriptions for pets in its pharmacies and online.
By Kaarin Moore • May 7, 2019 -
Courtesy of Simon Property Group
Study: Macy's most visited website for apparel
J.C. Penney and Nordstrom round out the top three spots in the category for average monthly web traffic, according to SimilarWeb.
By Tatiana Walk-Morris • May 7, 2019 -
REI sticks with interim CEO for good
After a national search, former COO Eric Artz replaces Jerry Stritzke, who resigned in February over an undisclosed relationship.
By Daphne Howland • May 7, 2019
Previous
