Financial News: Page 179
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J.C. Penney CEO assembles a team as Fitch downgrades
Amid sales struggles and without massive real estate holdings to sell, it's unclear if the discount department store can survive.
By Daphne Howland • Jan. 15, 2019 -
American Eagle launches dressing room technology
The retailer is partnering with Aila Technologies to make fitting rooms a seamless experience.
By Kaarin Moore • Jan. 15, 2019 -
Bebe revamps e-commerce and loyalty program
The brand is making a steady return after avoiding bankruptcy, despite years of struggles.
By Daphne Howland • Jan. 15, 2019 -
Marvin Ellison's plan to build Lowe's back up
"You can't put the icing before the cake," the executive said during a panel at NRF's Big Show. His solution? Go back to the basics.
By Cara Salpini • Jan. 15, 2019 -
Shyft, JDA integrate technologies to mobilize workforce management
The partnership signifies an effort to modernize how retailers and retail workers manage their work schedules.
By Dan O'Shea • Jan. 14, 2019 -
Columbia Sportswear, other brands chime in on government shutdown in new messaging
The outdoor apparel and gear brand as well as competitors REI and The North Face are taking a stance on the impact of the shutdown on national parks.
By Erica Sweeney • Jan. 14, 2019 -
Tempur Sealy ponies up $14M to aid bankrupt mattress brands
Sleep Outfitters, Mattress Warehouse and Mattress King are the latest to falter in a market that has been thoroughly disrupted by e-commerce startups.
By Daphne Howland • Jan. 14, 2019 -
Away pops up at Nordstrom
The temporary collaboration, which offers a slew of travel and wellness accessories, is one more step pushing the brand toward its lifestyle ambitions.
By Corinne Ruff • Jan. 14, 2019 -
Chico's to close 250 stores over 3 years
The women's apparel conglomerate is also leaning on a new omnichannel plan it hopes will drive sales across all its brands.
By Corinne Ruff • Jan. 11, 2019 -
Calvin Klein to shutter Madison Avenue store
A new strategy is afoot following the brand’s breakup with superstar designer Raf Simons after sales underperformed last year.
By Daphne Howland • Jan. 11, 2019 -
Supplier claims Shopko owes $67M
The Wisconsin-based retailer is also closing and liquidating store locations throughout the Midwest.
By Kaarin Moore • Jan. 11, 2019 -
How the government shutdown could hurt retail
Furloughed workers, veterans and others dependent on federal services are the real victims of the shutdown. But it's not doing anyone any favors.
By Daphne Howland • Jan. 11, 2019 -
Courtesy of Ulta
Ulta shareholders urge court to hear used cosmetics claims
Investors say that Ulta executives misled how the company has handled and characterized inventory shrink.
By Daphne Howland • Jan. 11, 2019 -
Target shuffles C-suite
Most notably, the mass merchant's CFO will retire once a successor is named, and its Food & Beverage category has a new leader.
By Corinne Ruff • Jan. 11, 2019 -
By the numbers: How holiday sales are panning out
Tiffany, among the latest retailers to release holiday numbers, reported a slip in sales as Chinese tourists spent less.
By Daphne Howland , Corinne Ruff • Updated Jan. 18, 2019 -
Bed Bath & Beyond banks on lab stores, private labels for growth
While the retailer is testing out new merchandising and assortments, it's also closing 40 stores, and some analysts are skeptical of its earnings promises.
By Daphne Howland • Jan. 10, 2019 -
Lampert revises Sears bid to exceed $5B
The new bid proposes taking on 57 additional real estate properties and up to $663 million in additional liabilities, including money for severance pay.
By Corinne Ruff • Jan. 10, 2019 -
Tiffany ups its diamond sourcing transparency
The new initiative goes beyond the United Nations' efforts to stem the flow of blood diamonds through the supply chain, and should resonate with the younger consumers the jeweler is courting.
By Daphne Howland • Jan. 10, 2019 -
WeWork debuts temporary shoppable London office
With this January pop-up, the co-working space continues to dip its toes deeper into the retail pool.
By Corinne Ruff • Jan. 10, 2019 -
Nike stretches into Lululemon's space with 1st yoga line
Promoted by a host of professional athletes, Nike is pitching its first yoga-specific line as a compliment to other workouts.
By Cara Salpini • Jan. 10, 2019 -
West Elm launches private label bath collection
The retailer expands beyond home furnishings with this new line, which features bath towels, shower curtains and beauty items like bath bombs.
By Caroline Jansen • Jan. 10, 2019 -
Target lights up Project 62 with Leanne Ford collection
The co-host of the HGTV show "Restored by the Fords" is releasing a 30-piece, limited-time collection next month.
By Corinne Ruff • Jan. 10, 2019 -
Neiman Marcus to pay $1.5M settlement over 2013 data breach
Over a three-month period, roughly 370,000 company credit cards used at 77 stores nationwide were accessed by an unknown third party.
By Corinne Ruff • Jan. 9, 2019 -
J.C. Penney to close 3 stores
Despite high-spending shoppers, the holidays this year weren't much of a boon for the struggling department store as comp sales fell during the period.
By Daphne Howland • Jan. 9, 2019 -
Sears to consider revised ESL bid
In a bankruptcy court hearing Tuesday, the retailer said it will consider a revised bid, which is expected to be filed Wednesday with a $120 million deposit.
By Corinne Ruff • Jan. 9, 2019
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