Financial News: Page 173


  • Walmart reportedly changing up store management again

    The move could be part of an effort to change its workplace culture, and potentially has the added benefit of containing labor costs.

    By May 3, 2019
  • H&M ends print catalog after 39 years

    The fast fashion retailer stated that the change is related to its ongoing sustainability goals.

    By May 3, 2019
  • Francesca's to close at least 20 stores this year amid sales plunge

    That number could be conservative in light of the apparel retailer's massive 727-store footprint, mostly in malls.

    By May 3, 2019
  • Target, Walmart envision radically different futures for their growing media businesses

    The big-box rivals both made their NewFronts debuts this week, but their pitches to advertisers largely reinforced the divide in their audiences and brand positioning.

    By Peter Adams • May 3, 2019
  • Modell's CEO: 'The landlords are rooting for us'

    The 130-year-old sporting goods store is aiming for a new lease on life.

    By May 3, 2019
  • An Under Armour storefront
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    Kaarin Vembar/Retail Dive
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    Under Armour continues to falter at home

    Cost cuts helped the athletic brand's turnaround gain some traction in the first quarter, but it has more to do to woo North American shoppers.

    By May 2, 2019
  • Wayfair's loss widens in Q1

    While the company's direct retail revenue saw gains in the first quarter, its loss grew more than anticipated.

    By May 2, 2019
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    "Dressbarn" by Dwight Burdette is licensed under CC BY 3.0
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    Ascena founder's son steps down as CEO

    As he gives up the position he held for 27 years, David Jaffe also cedes his chairman role, although he remains on the board.

    By May 2, 2019
  • Amazon rebrands Souq

    Souq has grown throughout the Middle East since the U.S. e-commerce giant bought it two years ago, and the name change is set to boost that.

    By May 2, 2019
  • Debtwire: Modell's taps real estate adviser to negotiate leases

    The sporting goods retailer is also working with other outside firms on strategic alternatives, a revelation that spooked vendors in recent weeks.

    By May 1, 2019
  • Orlando, Florida, mall demo could pave way for $1B mixed-use project

    If the developer gets the all-clear, the 46-acre redevelopment of a struggling shopping center could see retail, residential, hotel and office space added.

    By Kim Slowey • May 1, 2019
  • A picture of the exterior of a CVS Pharmacy with the logo and name in view.
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    Bruce Bennett via Getty Images
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    Aetna sends CVS profit soaring

    With its first quarter to fully include its health insurance acquisition, the company is less of a traditional drugstore retailer than ever.

    By May 1, 2019
  • Thinx now sold at b8ta stores

    In an exclusive shared with Retail Dive, the period underwear brand's CEO called brick and mortar "critical" to expanding sales.

    By May 1, 2019
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    Retrieved from Neiman Marcus on March 12, 2019
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    Neiman Marcus mulls MyTheresa options

    The department store's debt has undermined its ability to recapture the sales and shoppers that have largely abandoned the retail model.

    By April 30, 2019
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    Fotolia
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    Bluefly headed to the auction block

    The online fashion site survived the dot-com bust, the Great Recession and the collapse of flash sales, but now it's looking for a buyer.

    By April 30, 2019
  • Millennial and Gen Z shoppers are leading e-gift card adoption

    Retailers have to make more progress with their omnichannel card offerings to keep up with younger consumer demands.

    By Tatiana Walk-Morris • April 30, 2019
  • 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
  • Walgreens storefront
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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