Financial News: Page 171


  • Chewy to fetch $1B in IPO

    The price of the online retailer's public offering tops previous estimates.

    By , Updated June 14, 2019
  • $4B Miami Worldcenter breaks ground on new retail, parking

    This latest construction start will add to the retail and residential projects already under way at the mega-development.

    By Kim Slowey • April 29, 2019
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    Courtesy of Walgreens
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    Walgreens hires its 1st global chief supply chain officer

    Colin Nelson is taking on the role, joining the drugstore retailer from the agribusiness Bunge.

    By Matt Leonard • April 29, 2019
  • Fabletics opens NYC pop-up

    Last summer, Kate Hudson's activewear brand announced a massive brick-and-mortar expansion as physical stores boost sales online and off.

    By April 29, 2019
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    Retrieved from Walmart on April 25, 2019
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    Walmart reveals 1st 'intelligent' lab store

    Equipped with cameras, sensors, interactive displays and major processing power, the souped-up Neighborhood Market aims to take efficiency and customer experience to new heights.

    By Jessica Dumont • April 26, 2019
  • J.C. Penney quietly replaces longtime menswear chief

    James Starke was replaced by company veteran Jeff Useforge, who has spent much of his career in men's, with some specialty in big and tall.

    By April 26, 2019
  • Entertainment is filling a retail void for toy makers

    It's not like Hasbro or Mattel are getting out of the toy business, but many of those sales continue to fall.

    By April 26, 2019
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    Whole Foods
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    Amazon stokes profits as retail growth slows

    The e-commerce giant is facing stiff competition these days and isn't grabbing market share like before, so it must innovate, "just like any other retailer."

    By April 26, 2019
  • Forever 21 shutting down Chinese e-commerce site

    There are also reports of store closures and massive discounting that could indicate the brand is exiting the country, according to Women's Wear Daily.

    By April 26, 2019
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    Retrieved from Amazon on July 11, 2017
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    Amazon 'morphing' free Prime 2-day shipping to 1 day

    The e-commerce giant is investing $800 million to upgrade the infrastructure that was built to handle its most popular Prime membership perk.

    By April 25, 2019
  • UK regulators block Walmart's $9.4B Asda sale

    Merging with Sainsbury's would have created the country's largest chain and netted Walmart $4 billion.

    By Jeff Wells • April 25, 2019
  • Lululemon wants to double men's and digital by 2023

    The athletics retailer is also launching its own footwear, placing it in tighter competition with rivals Nike and Under Armour.

    By April 25, 2019
  • Pier 1 downgraded on debt, poor prospects

    In a statement, the retailer said it has a plan that will return the company to, "long-term health and sustainable financial performance." 

    By Updated April 26, 2019
  • Burlington names former Ross executive CEO

    The retailer announced Michael O'Sullivan will succeed Thomas Kingsbury, who will step down in September. 

    By April 25, 2019
  • 'Meet PillPack': Amazon rolls out Rx delivery direct marketing

    The campaign provides a peek behind the curtain of the famously secretive e-commerce giant, which has edged into healthcare in recent years.

    By Rebecca Pifer • April 24, 2019
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    The RealReal
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    Prime Unicorn Index: The RealReal set to hit unicorn status with latest funding

    The upscale resale site authorized the sale of up to $70 million in new shares, which if sold, would value the company at over $1 billion.

    By April 24, 2019
  • EBay upgrades guidance on Q1 performance

    Like Amazon, the company is seeing more money come in from its advertising operations.

    By April 24, 2019
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    H&M
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    H&M expands product transparency for online apparel

    Several sustainability and ethics watchers give the fast-fashion retailer props for its efforts, but also say it should go further.

    By April 24, 2019
  • Chico's names Bonnie Brooks CEO

    Brooks previously served as interim CEO after Shelley Broader’s departure in April.

    By , Updated July 19, 2019
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    Madison Reed
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    Ulta lands exclusive deal with DTC brand Madison Reed

    It's part of a larger strategy for the beauty retailer, which has also made deals with brands like Morphe and Kylie Cosmetics.

    By April 24, 2019
  • Retail hiring fell 8.1% in 2018

    The shift is particularly noteworthy because the industry has struggled with recruiting and retention efforts of late.

    By Valerie Bolden-Barrett • April 23, 2019
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    Retrieved from Amazon on April 23, 2019
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    Amazon makes garage parcel deliveries available

    The release of Key for Garage is the company's latest effort to fight back against porch pirates and ensure deliveries end up in the right hands. 

    By Matt Leonard • April 23, 2019
  • All Kohl's stores to take Amazon returns

    The 2-year-old pilot will become standard practice in July, and brings benefits to both retailers and their customers.

    By April 23, 2019
  • Torrid withdraws IPO plans

    Plus apparel is getting renewed attention from disruptors and traditional brands alike, and that may be pressuring the private equity-owned retailer.

    By April 23, 2019
  • Walmart rewards supplier emission cuts

    Suppliers for the retailer have avoided 3.46 million metric tons of greenhouse gas emissions as part of Project Gigaton China.

    By Matt Leonard • April 23, 2019