Financial News: Page 174


  • Kay, Jared owner to shutter 150 stores

    Signet, which also runs several other jewelry banners, closed 262 stores last year and promised continued aggressiveness in reducing its footprint.

    By April 4, 2019
  • Sears opening stores for a change

    The retailer's comeback is based on locations with smaller square footage.

    By Updated April 4, 2019
  • Katie Finnegan to depart Walmart's Store No. 8

    The founder of Walmart's incubation arm, and CEO of Spatialand, will leave the company on June 7.

    By April 4, 2019
  • Image attribution tooltip
    Retrieved from Walmart on April 04, 2019
    Image attribution tooltip

    Walmart rolls out new baby registry experience

    The company is placing personalization and its mobile app at the forefront of the process.

    By April 4, 2019
  • Ascena debuts cross-brand loyalty program

    Ann Taylor, LOFT, Lou & Grey, Ann Taylor Factory and LOFT Outlet are letting customers, including those without a store card, earn points across banners.

    By April 4, 2019
  • Dick's Sporting Goods pays $2.9M to settle unpaid security check suit

    California law defines "hours worked" as time during which an employee is subject to an employer's control, the court said.

    By Jennifer Carsen • April 4, 2019
  • Amazon partnership delivering returns for Kohl's

    Providing a service to Amazon customers may be bringing sales and shoppers to Kohl's stores, according to Earnest Research.

    By April 4, 2019
  • ABG grabs Volcom from Kering

    The brand marketing conglomerate sees great potential in the export of American skate, surf and snow culture to a wider international audience.

    By April 4, 2019
  • HBC boosts profits as store comps decline

    The Canadian department store company is banking on its best performer, American luxury retailer Saks Fifth Avenue, to continue to lead its growth.

    By April 3, 2019
  • GameStop lost $673M last year

    The gaming segment is in the midst of a shift that is forcing major changes to the retailer's operations.

    By April 3, 2019
  • Madewell names 1st CEO

    Libby Wadle has led the brand as president for two years and has been at parent brand J. Crew in various roles since 2004.

    By April 3, 2019
  • Etsy executive appointed CEO of Blue Apron

    Retail veteran Linda Findley Kozlowski will lead the struggling meal kit company following the resignation of Brad Dickerson. 

    By Jessica Dumont • April 3, 2019
  • Lululemon's self-care line to debut at Sephora

    The products, which include dry shampoo and deodorant, will also be available at select Lululemon locations and studio partners.

    By , Updated June 18, 2019
  • Walmart launches voice-activated grocery shopping

    The new service will allow customers to voice order groceries from their Google Assistant devices including Google Home, iPhone and Android.

    By Krishna Thakker • April 3, 2019
  • Deep Dive

    What's different about Levi's

    The brand has defined American denim since the 19th century by remaining a pioneer. Now Wall Street will have a say in its future.

    By April 3, 2019
  • Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Macy's hires 1st chief supply chain officer

    Dennis Mullahy comes to the retailer from Michaels and previously worked at Ulta and Meijer. 

    By Emma Cosgrove • April 2, 2019
  • Image attribution tooltip
    https://www.businesswire.com/news/home/20190402005318/en
    Image attribution tooltip

    Staples launches brand revamp

    The retailer also revealed five private labels and appears to be emphasizing its consumer-facing operations, but it has abandoned its coworking pilot.

    By April 2, 2019
  • Payments company Airwallex lands unicorn status

    The fintech business, which reached a $1 billion valuation in only three years, supports a variety of corporations including JD.com, Tencent and MasterCard.

    By April 2, 2019
  • Retail sales tumble in February

    January, however, went better than initially reported. Core retail sales for the month were revised up to a 0.8% rise.

    By April 2, 2019
  • How Dick's Sporting Goods' CTO will revamp athletic e-commerce

    The retailer is investing about $15 million in e-commerce fulfillment capabilities and $10 million in technology.

    By Samantha Schwartz • April 2, 2019
  • Qurate
    Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    QVC plans 1st exclusive beauty brand

    Carmindy Beauty will be developed with Batallure Beauty and will sell exclusively on the video commerce platform when it debuts in September.

    By April 2, 2019
  • Walgreens Q2 'disappointing'

    The drugstore retailer's CEO and analysts used the same word to describe results, and executives announced a reorganization focused on cutting costs.

    By April 2, 2019
  • H&M pledges 100% sustainable cotton by 2020

    The commitment is part of a larger plan to convert to recycled or sustainable materials exclusively by 2030.

    By Emma Cosgrove • April 2, 2019
  • Amazon cuts prices on hundreds of Whole Foods products

    The e-commerce giant is doubling down on deals for Prime members at its grocery store, while shoppers without the membership will see prices slashed an average of 20% beginning Wednesday. 

    By Jessica Dumont • April 2, 2019
  • Barneys refutes downsizing

    A company spokesperson disputed media reports that the retailer will shrink the footprint of its Madison Avenue flagship store.

    By Updated April 2, 2019