Financial News: Page 161


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    Corinne Ruff
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    Target expands family leave, backup care for hourly workers

    Retailers depend heavily on hourly and part-time workers, who may find it difficult to take unpaid time for caregiving responsibilities.

    By Valerie Bolden-Barrett • June 13, 2019
  • Opinion

    Bringing stores into the 21st century

    The old prototype store model is obsolete and fails to accommodate the new reality of retail, ruled by personalized experiences, local flavor and nuance, writes WD Partners' Elaine Kleinschmidt.

    By Elaine Kleinschmidt • June 13, 2019
  • Ralph Lauren commits to sweeping sourcing changes

    Based on new goals on sustainable materials, the fashion brand is likely going to have a very different supplier base in 2025 than it does today. 

    By Emma Cosgrove • June 13, 2019
  • Lawsuit alleges Ascena misled public about 'complete disaster' at Ann Taylor, Loft

    A shareholder took aim at the apparel retailer for talking up its acquisition of the brands ahead of a $1 billion write-down on their value. 

    By June 12, 2019
  • Rihanna's Fenty to pop up at The Webster in SoHo

    The superstar's inclusive approach is a fresh luxury take and one that has pushed rivals to innovate.

    By June 12, 2019
  • Farfetch launches on JD.com

    The two marketplaces forged a strategic partnership in 2017 that they've built up the last two years to compete against Alibaba in the luxury market.

    By June 12, 2019
  • Deep Dive

    Will the once marvelous department store ever come back?

    Many of the innovations fueling retail's most successful startups were standard amenities at department stores nearly a century ago.

    By June 12, 2019
  • Neiman Marcus goes 'dark'

    The department store never went public as planned and can stop filing with the Securities and Exchange Commission thanks to retooled debt.

    By Updated June 25, 2019
  • Chico's comp sales slide in Q1

    The apparel conglomerate's massive fleet optimization isn't helping that metric, but its new CEO promises stronger sales and a successful turnaround.

    By June 11, 2019
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    Lane Bryant
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    Ascena net loss widens to $238M

    The apparel group has new leadership, a shrunken portfolio and a cost-cutting plan, but analysts say it must focus on inventory-bloating product missteps.

    By June 11, 2019
  • Activist investor: Hudson's Bay take-private bid is 'woefully inadequate'

    In a scathing letter to the retailer’s special committee, Land & Buildings said the offer "materially undervalues" the company's assets.

    By , Updated June 18, 2019
  • PVH taps new Calvin Klein CEO

    Cheryl Abel-Hodges is moving up at the brand as new company president Stefan Larsson, who arrived last month, makes his mark.

    By June 10, 2019
  • 99 cents only store, 99 cents store, dollar store
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    (2007). Retrieved from Wikimedia Commons.
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    99 Cents Only cuts 2nd debt deal in as many years

    Lenders agreed to take equity in the dollar retailer in lieu of payment, prompting S&P to downgrade the discount retailer's credit rating from CCC+ to CC.

    By June 10, 2019
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    Daphne Howland/Retail Dive
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    Gap commits to 100% sustainable cotton sourcing

    The apparel brand also considers the entire life cycle of a garment in its sustainability accounting, as many textiles end up in the landfill.

    By Emma Cosgrove • June 10, 2019
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    Kaarin Vembar for Retail Dive
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    Deep Dive

    Retailing at the end of the world: How large chains liquidate

    This year, several decades-old retailers shut down in bankruptcy as lenders and owners lost faith. These are boom times for companies that specialize in retail wind downs.

    By June 10, 2019
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    Aero Icarus
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    FedEx Express to cut ties with Amazon

    The air services contract will end on the heels of recent moves by the e-commerce giant to build out its own logistics network.

    By Shefali Kapadia • June 7, 2019
  • Revolve opens strong on Wall Street with $1.3B valuation

    Beyond its good investment fortune, the retailer's strengths position it to take share in the troubled apparel market, according to MKM Partners.

    By June 7, 2019
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    Barnes & Noble
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    WSJ: Barnes & Noble could land a rival bid

    The newspaper reported that a major book distributor is working on an offer to top that of a hedge fund accepted by the bookseller's board last week.

    By Updated June 11, 2019
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    Walmart
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    Walmart begins in-home delivery in 3 cities

    The company launched the membership program in Kansas City, Missouri; Pittsburgh; and Vero Beach, Florida, for a preliminary $19.95 a month.

    By Jeff Wells • Updated Oct. 15, 2019
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    Cara Salpini/Retail Dive
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    Nike taps new digital chief

    Ratnakar Lavu, who was previously at Kohl's, arrives as Nike is increasingly leveraging tech for both products and stores.

    By June 7, 2019
  • Tariffs could raise prices up to $25 at Ugg, Calvin Klein

    Apparel brands that were safe from initial tariff increases now find themselves highly exposed to the proposed tranche four tariffs, which include apparel, leather and textiles.

    By Morgan Forde • June 7, 2019
  • Walmart CEO backs higher federal minimum wage

    "$7.25 is too low," Doug McMillon said in remarks delivered at the company's annual shareholder meeting Wednesday.

    By Ryan Golden • June 7, 2019
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    Cara Salpini for Retail Dive
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    Charlotte Russe resurrected with 5 new stores

    The fashion house that bought the retailer's IP has plans to open 100 stores — about a fifth as many as the retailer had when it filed for Chapter 11.

    By June 6, 2019
  • Amazon's new 'StyleSnap' feature could be a game changer — if it works

    Once it launches, users will be able upload a photo of a style they like and get similar product recommendations from Amazon's assortment.

    By June 6, 2019
  • Off-price retailers emerge as rare winners in trade war

    Any business that can capitalize on uncertainty is sure to fair well in the midst of a global trade war. Burlington, Ross and TJX may do just that.

    By Emma Cosgrove • June 6, 2019