Financial News: Page 173
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Walmart stands up container fleet, uses drivers for drayage
The retailer has been pleasantly surprised by the extra efficiency gained by taking more control of intermodal loads.
By Emma Cosgrove • Feb. 20, 2019 -
ThirdLove expands to 78 sizes
The upstart intimates brand is working toward its mission to "help all women feel valued" by offering inclusive sizing options.
By Corinne Ruff • Feb. 20, 2019 -
American Eagle Outfitters is going to Europe
It's a confident and ambitious move, but comes with some risk in light of a highly competitive and crowded market, according to GlobalData Retail.
By Daphne Howland • Feb. 20, 2019 -
Amazon pledges 50% net-zero carbon shipments by 2030
Steps toward "Shipment Zero," along with information regarding "Amazon's company-wide carbon footprint" will be released later in the year.
By Emma Cosgrove • Feb. 20, 2019 -
Etsy error results in unauthorized withdrawals from sellers' accounts
The company's community forum was flooded with complaints from multiple sellers alleging they lost anywhere from a few hundred to several thousand dollars.
By Kaarin Moore • Feb. 19, 2019 -
Karl Lagerfeld dies at 85
The designer made his mark at several couture houses, but most indelibly at Chanel, where, for almost 40 years, he carried on its founder's vision.
By Daphne Howland • Feb. 19, 2019 -
Walmart e-commerce sales grow 43%
The big-box retailer reported its best U.S. comp sales growth in nine years on a two-year stack of 6.8% growth.
By Corinne Ruff • Feb. 19, 2019 -
Deep Dive
What does experiential retail even mean these days?
For some it's sprinkles, others meditation pods. What really matters is localization, service and shareability, store design experts say.
By Corinne Ruff • Feb. 19, 2019 -
Amazon Go secures space in the heart of London
The retailer has closed the deal on its first location outside of the U.S., bringing its cashier-free store to compete against Tesco and Sainsbury's.
By Krishna Thakker • Feb. 15, 2019 -
Lululemon to offer gender-neutral paid parental leave
Workers are eligible for three months of leave after two years at the company.
By Morgan Fecto • Feb. 15, 2019 -
Column
Retail Therapy: These pants try to clear things up
Ksenia Schnaider and Asos opt for more transparency — and effectively defeat the purpose of pants — with these latest styles.
By Caroline Jansen • Feb. 15, 2019 -
Walmart startup Spatialand launches 1st VR experience
After nearly a year under the Store No. 8 banner, the v-commerce startup debuts in what could be a critical retail battleground.
By Corinne Ruff • Feb. 15, 2019 -
Payless liquidates in 2nd bankruptcy
The footwear retailer failed to find a buyer and is set to shutter all 2,500 locations in its second bankruptcy filing in two years.
By Daphne Howland • Updated Feb. 19, 2019 -
Walgreens accepts Alipay in 3K stores
Allowing Chinese travelers to use the mobile payments they're accustomed to could allow them to bypass foreign exchange rates and purchase more.
By Daphne Howland • Feb. 15, 2019 -
FAO Schwarz inks deals to grow beyond toys
As Toys R Us tries to return to a market devastated by its bankruptcy, the iconic New York City retailer is in expansion mode.
By Daphne Howland • Feb. 14, 2019 -
RetailMeNot taps Nordstrom vet as chief product officer
Joshua Platt, who also spent 11 years at Microsoft in various product leadership roles, will head product efforts for the coupon-focused company.
By Dan O'Shea • Feb. 14, 2019 -
Victoria's Secret tries on Livy lingerie
The upstart Parisian company is turning heads at home and could help the faltering L Brands banner redefine "sexy."
By Daphne Howland • Feb. 14, 2019 -
Prada introduces Diversity and Inclusion Advisory Council
The luxury retailer seeks to change internal culture with a new plan to address its lack of diversity.
By Daphne Howland • Feb. 14, 2019 -
'No light at the end of the tunnel' for store closures
Last year, retailers collectively shuttered 5,524 U.S. locations and will again this year, according to Coresight Research.
By Corinne Ruff • Feb. 14, 2019 -
Levi Strauss IPO raises $623.3M
The company is taking a second stab at going public, after a stint in the '70s and '80s ended in a leveraged buyout.
By Corinne Ruff • Updated March 21, 2019 -
Crate & Barrel partners with odd-job service Handy
The retailer's partnership is the latest in a trend of home furnishings retailers offering services to create end-to-end customer experiences.
By Caroline Jansen • Feb. 13, 2019 -
Deep Dive
Payless, Gymboree and the road to Chapter 22
Both retailers exited bankruptcy successfully once, now they're back in financial trouble two years later. What happened?
By Cara Salpini • Feb. 13, 2019 -
Cannabis retailer inks US deal with Simon Property Group
Green Growth Brands, which is publicly traded in Canada, opened the first of more than 100 shops in American malls selling CBD-infused products.
By Daphne Howland • Feb. 13, 2019 -
REI CEO resigns over undisclosed relationship
Jerry Stritzke, who has headed the co-op since 2013, was involved with "the leader of another organization in the outdoor industry," triggering an investigation.
By Cara Salpini • Feb. 13, 2019 -
Nordstrom revs up denim assortment
This is one of the first physical locations for Revtown, an online jeans brand founded last year by several former Under Armour executives.
By Corinne Ruff • Feb. 13, 2019