Financial News: Page 180


  • Reuters: Pier 1 takes further steps to manage debt

    Bankruptcy may not be imminent, but the home furnishings retailer's market position looks increasingly precarious.

    By March 15, 2019
  • Inditex profits take a hit as sales soar

    The Zara parent has stoked e-commerce, with a goal to cover the globe with its operations, but that may be taking a toll.

    By March 14, 2019
  • Dollar General to open 975 new stores

    The dollar store will also remodel 1,000 others, at a time when other retailers are shuttering locations at an alarming pace.

    By Updated March 15, 2019
  • 'Old Sears' and 'new Sears' fighting in court again

    Eddie Lampert and Sears Holdings are locked in a dispute over who owes what under the acquisition agreement that kept the Sears chain alive.

    By , Updated May 29, 2019
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    Natalie Koltun / Mobile Marketer
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    Lush demos visual search app and fresh ‘digital packaging’ at SXSW

    A mobile-packed activation let guests scan bath products for details like ingredients and price, while highlighting the brand's broader tech focus.

    By Natalie Black (Koltun) • March 14, 2019
  • Target cleans up beauty with 'formulated without' icon

    The new designation is part of a multi-year initiative to decrease chemicals in products and increase transparency in labeling.

    By , Updated July 18, 2019
  • Amazon caves on seller pricing

    The e-commerce giant is feeling the pressure not only from its own sellers and politicians of all stripes, but from shoppers as well.

    By March 13, 2019
  • WSJ: Modell's Sporting Goods hires restructuring adviser

    The specialty athletics retailer is considering a bankruptcy filing, among other options, sources told the publication.

    By March 13, 2019
  • Rite Aid slashes 400 corporate jobs

    The drugstore is shaking up its executive team, starting with John Standley stepping down as CEO, as it tries to compete as a much smaller retailer.

    By March 13, 2019
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    Retrieved from Neiman Marcus on March 12, 2019
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    Neiman Marcus swings to a loss as Hudson Yards store debuts

    This week the luxury department store retailer opens a 188,000-square-foot store — its first in Manhattan — featuring product, services and dining options.

    By March 13, 2019
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    Barnes & Noble
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    Barnes & Noble names new CIO

    The retailer appointed Carlo Pochintesta to the position, who previously worked with Rag & Bone and Steve Madden. 

    By Samantha Schwartz • March 13, 2019
  • Walmart CFO: online grocery is 'a great brand halo'

    In a presentation to investors, Brett Biggs highlighted how online grocery is driving the company's overall growth. 

    By Jessica Dumont • March 13, 2019
  • Stitch Fix hits 3M active clients

    The apparel styling service reported that second quarter net revenue rose 25% year-over-year to $370.3 million.

    By March 12, 2019
  • Dick's profits, sales fall despite e-commerce gains

    A 17% bump in online sales might be cannibalizing stores, according to analysts, but the retailer expects to return to positive comps in Q2.

    By Updated March 14, 2019
  • January retail sales clouded by worst December in 9 years

    Several retailers saw holiday sales drop off, more than previously thought, according to the federal government's latest monthly sales report.

    By March 12, 2019
  • Moody's: 2019 will be another tough year for department stores

    Store closures and better inventory control are boosting productivity, but margins will be squeezed as e-commerce drives up costs.

    By March 12, 2019
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    Shoptalk
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    Deep Dive

    10 top retail executives on the state of the industry

    The role of a chief executive requires vision above all else. At Shoptalk, execs from Gap, Macy's, Nordstrom, Lowe's and a host of disruptors offered insights from a unique industry perch.

    By , , March 11, 2019
  • Walmart tightens on-time, in-full rate for suppliers to 87%

    The retailer toughened its on-time, in-full policy from the previous requirement of 85% as it seeks greater control over inventory.

    By Matt Leonard • March 11, 2019
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    Sephora
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    Sephora to open 35 US stores in 2019

    In addition to the new locations, the retailer announced changes to its Beauty Advisor uniforms and a partnership with a luxury treatment center in California.

    By March 11, 2019
  • Home Depot to hire 80K workers with proprietary hiring tech

    Technology for such big-box retailers streamlines functions that were once time-consuming and burdensome for HR professionals and managers.

    By Valerie Bolden-Barrett • March 11, 2019
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    Glamsquad
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    Glamsquad to launch makeup line in April

    The beauty service provider has capitalized on customer feedback to develop its own products, a strategy that began in December with a haircare line.

    By March 11, 2019
  • Mattel faces lawsuit over Barbie, Hot Wheels sales

    The toy maker is celebrating its famous and controversial doll's 60th birthday, but investors claim the company failed to disclose falling demand for the toy.

    By March 11, 2019
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    indochino
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    Indochino expands on the West Coast

    By the end of the year, the men's custom suit brand will have 50 showrooms across North America.

    By March 11, 2019
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    Aurimas, Flicker
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    WWD: Walmart cuts a deal with men's grooming brand

    Johnny's Chop Shop, which launched out of the Topshop men's department, is selling products in 3,500 Walmart stores.

    By March 8, 2019
  • Abercrombie & Fitch plans to close up to 40 stores this year

    The teen apparel retailer's fourth quarter and full-year results show a loss of momentum at the flagship label as its lower-priced Hollister brand fared better.

    By March 8, 2019