Financial News: Page 183


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    Retrieved from Walmart on February 08, 2019
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    Walmart unveils online furniture brand MoDRN

    The move plays into the trend of major retailers expanding home goods offerings and displays the retail giant's growing emphasis on e-commerce.

    By Feb. 11, 2019
  • L'Occitane commits to 100% sustainable plastics

    The beauty retailer signed a multi-year agreement with Loop Industries to further its use of recycled plastic in packaging.

    By Feb. 11, 2019
  • Walmart's Allswell brand launches Tiny Home tour

    The retail giant's premium bedding brand, which debuted online only last year, is taking a shoppable store on wheels. 

    By Feb. 8, 2019
  • Post Toys R Us, Mattel and Hasbro on different paths

    Net sales fell further at Hasbro, but both toymakers face other challenges in a market with negative growth.

    By Feb. 8, 2019
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    Rebag
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    Rebag to open 30 brick-and-mortar stores

    The handbag resale startup on Thursday received a $25 million investment and will use it to fuel an ambitious expansion.

    By Feb. 8, 2019
  • Sears back in Eddie Lampert's hands

    A bankruptcy judge approved ESL's $5.2 billion bid to keep roughly 425 stores and 45,000 employees.

    By Updated Feb. 12, 2019
  • Shopko announces 139 more store closures

    The Wisconsin-based retailer will also relocate approximately 50 of its optical centers to become freestanding locations.

    By Feb. 8, 2019
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    Flight Club
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    Foot Locker injects $100M into sneaker company GOAT Group

    The play comes just a month after the footwear retailer invested $3 million in kids shoe startup Super Heroic.

    By Feb. 7, 2019
  • Tapestry stumbles on path to luxury power

    The apparel and handbag company failed to offer compelling goods, even during the high-spending holiday period.

    By Feb. 7, 2019
  • QVC launches mobile app with shoppable video, unveils new logo

    The multi-channel retailer places a bet on technology while launching a new brand identity.

    By Feb. 7, 2019
  • By Humankind raises $4M, aims to reduce plastic waste

    The personal care products company uses a subscription model to stop the cycle of single-use plastic consumption.

    By Feb. 7, 2019
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    Getty Images
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    NRF: Retail sales this year could exceed $3.8T

    But other economists have a less sanguine view of economic growth and consumer sentiment this year.

    By Feb. 7, 2019
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    REI
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    The store of the future depends on employees

    When retailers talk about new concepts, they often focus on what they mean for customers. But where does the store associate fit in?

    By Feb. 7, 2019
  • J.C. Penney pulls appliances, furniture from US stores

    The move comes just three years after then-CEO Marvin Ellison re-introduced the category, which the retailer had ditched decades before.

    By Feb. 7, 2019
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    Kaarin Vembar
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    Things Remembered keeps brand name in Ch. 11 buyout

    Enesco, a global distributor of tchotchkes through third-party businesses, is taking over the mall-based retailer for an undisclosed amount.

    By Updated March 11, 2019
  • Michael Kors drags down Capri

    Plans for the revamp and integration of Versace are being complicated by a slow recovery at the company's flagship brand.

    By Feb. 6, 2019
  • The Container Store takes a hit after weak holiday numbers

    The retailer is shifting its focus to its custom closet sales, which continued to perform well in the quarter.

    By Feb. 6, 2019
  • Apple Retail Chief Angela Ahrendts to leave the company

    In the last five years, the exec has led a bold brick-and-mortar expansion predicated on the company's luxury stance.

    By Feb. 6, 2019
  • New Neiman Marcus execs to focus on customer experience

    Innovation has slipped from the upscale department store's grasp as it operates under crushing debt.

    By Feb. 6, 2019
  • Saks flagship triples handbag selling space

    The upscale department store is depending on exclusivity and personalization to bypass weakness in the segment.

    By Feb. 6, 2019
  • Deep Dive

    What will Sears look like on the other side of bankruptcy?

    ESL Investments announced Monday that it has completed the $5.2 billion acquisition of the iconic retailer.

    By Updated Feb. 12, 2019
  • Casper storefront
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    Cara Salpini/Retail Dive
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    How DTC brands see the purpose of stores

    For three digitally native brands, brick-and-mortar locations are for consumer education — and more.

    By Feb. 6, 2019
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    Maui Economic Development Board
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    Walmart, Target, 100+ others saved $19.3B through sustainability

    Procurement managers of major corporations can exert influence upstream to meet climate goals, but engaging with suppliers remains fairly uncommon. 

    By Emma Cosgrove • Feb. 6, 2019
  • Joann names new CEO

    With a promising turnaround in place, there's little reason to shake up the retailer's leadership, so interim chief Wade Miquelon will remain.

    By Feb. 5, 2019
  • Pier 1 names CIO with roots in retail tech

    New exec Lance Wills' focus on omnichannel solutions and digital transformation will challenge the retailer's operational efficiency.

    By Samantha Schwartz • Feb. 5, 2019