Financial News: Page 180


  • Best Buy's Q4 revenue beats estimates, shares rise

    The retailer performed well both in-store and online, with e-commerce representing 21.9% of all revenue.

    By Feb. 27, 2019
  • Adore Me eyes sales bump with Belabumbum acquisition

    The lingerie startup hopes the nearly 20-year-old maternity intimates and apparel brand will bring category expertise and new customers.

    By Feb. 27, 2019
  • Services fuel Office Depot growth

    Even the company's retail division is moving away from just selling office supplies.

    By Feb. 27, 2019
  • 'Exceptional' $1.6B charge pushes Lowe's into the red

    The home improvement retailer has more to do to catch up to main rival The Home Depot.

    By Feb. 27, 2019
  • Walmart unveils plan to reduce plastic packaging waste

    The retailer is setting big goals, including one to achieve zero plastic waste, by partnering with suppliers on sustainability efforts.

    By Feb. 27, 2019
  • NPR: Walmart's elimination of greeters is impacting workers with disabilities

    A pilot program that began two years ago has been transitioning the position into a "customer host" role. That job description now lists many duties not easily performed by some persons with disabilities.

    By Feb. 27, 2019
  • HBC will replace department store chief

    Alison Coville is stepping down next month, and whoever replaces her must forge new relevance for centuries-old Hudson's Bay Co.

    By Feb. 27, 2019
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    ThirdLove
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    ThirdLove clasps fresh $55M in funding

    The new funding will go toward expanding sizes, styles, product offerings and fit technologies, the company says.

    By Feb. 27, 2019
  • Macy's to cut roughly 100 executive jobs

    The department store beat expectations, but a cost-saving initiative will slash jobs in favor of investing in the supply chain, inventory management and customer acquisition.

    By Feb. 26, 2019
  • Home Depot misses estimates despite 10.9% sales increase

    Although the retailer's 53-week fiscal 2018 inflated sales numbers, comp sales, which don't account for the extra week, also indicated strong performance.

    By Feb. 26, 2019
  • Foot Locker throws $12M into kids apparel startup

    Rockets of Awesome will open shop-in-shops within Kids Foot Locker stores and sell on its website. It's the retailer's second investment in a children's startup this year.

    By Feb. 26, 2019
  • Etsy welcomes more buyers and sellers

    The marketplace is recovering its reputation as a place to find unique items, and sales are exploding.

    By Feb. 26, 2019
  • Global adaptive apparel market on pace to hit $349.9B

    The apparel needs of millions of people worldwide living with a disability, chronic health condition or ongoing medical treatments represent an underserved market.

    By Feb. 26, 2019
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    Retrieved from Target on February 25, 2019
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    Target courts 3rd-party sellers with invite-only launch

    The mass merchant is reaching out to brands for a curated initiative dubbed Target +, which is "in its earliest stages," the company said Monday.

    By Feb. 25, 2019
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    Retrieved from Target on February 25, 2019
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    Target tries on inclusive lingerie lines

    The mass merchant's private label portfolio is adding three brands focused on comfort, price and inclusive sizing.

    By Feb. 25, 2019
  • Anthropologie to launch plus sizes

    The new line, "APlus," will be sold online and in some stores, as are its petite sizes.

    By Updated Feb. 26, 2019
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    Roadie
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    Home Depot backs crowdsourced delivery startup Roadie

    The gig-based "on-the-way" model allows retailers to flex up and down their delivery capacity as needed.

    By Emma Cosgrove • Feb. 25, 2019
  • Walmart launches baby line with Kristen Bell, Dax Shepard

    The natural products are priced to be accessible and could challenge Target and Brandless.

    By Feb. 25, 2019
  • Unstable retail schedules are bad for workers' health

    Stabilizing schedules at Gap boosted sales 7% and productivity 5%, according to a new study.

    By Valerie Bolden-Barrett • Feb. 25, 2019
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    Kaarin Moore/Retail Dive
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    Levi Strauss appoints an artificial intelligence officer

    The new title and role, and its home within the c-suite, reflect how much AI is now woven into a variety of retailer and brand initiatives.

    By Feb. 22, 2019
  • FedEx, Rent the Runway team up on 'extra hours' service

    Fast fulfillment and shipping are especially crucial for a company with a business model built on rentals.

    By Shefali Kapadia • Feb. 22, 2019
  • Wayfair loss widens despite record Q4 growth

    As the home goods space gets more crowded, especially online, the company is focusing on supply chain improvements.

    By Feb. 22, 2019
  • Apple taps former Microsoft exec to lead smart home development

    A well-known technology sector veteran and product entrepreneur appears to be working on the company's in-home voice efforts.

    By Feb. 22, 2019
  • Sears unveils new Craftsman line

    When the retailer unloaded its iconic tool brand two years ago, it was widely seen as a sign of its desperation.

    By Feb. 22, 2019
  • Retail defaults to ease, but hurdles ahead for weaker players

    Neiman Marcus, J. Crew, Petsmart and Academy make up 71% of the $22.8 billion in outstanding distressed retail debt carried by low-rated firms, according to a new report from Moody's Investors Service.

    By Feb. 22, 2019