Financial News: Page 185
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Deep Dive
Payless, Gymboree and the road to Chapter 22
Both retailers exited bankruptcy successfully once, now they're back in financial trouble two years later. What happened?
By Cara Salpini • Feb. 13, 2019 -
Cannabis retailer inks US deal with Simon Property Group
Green Growth Brands, which is publicly traded in Canada, opened the first of more than 100 shops in American malls selling CBD-infused products.
By Daphne Howland • Feb. 13, 2019 -
REI CEO resigns over undisclosed relationship
Jerry Stritzke, who has headed the co-op since 2013, was involved with "the leader of another organization in the outdoor industry," triggering an investigation.
By Cara Salpini • Feb. 13, 2019 -
Nordstrom revs up denim assortment
This is one of the first physical locations for Revtown, an online jeans brand founded last year by several former Under Armour executives.
By Corinne Ruff • Feb. 13, 2019 -
Whole Foods has raised prices, but it's not the only one
The retailer's lower-price positioning has taken a hit as it faces rising manufacturer costs and expiring promotional contracts.
By Lauren Manning • Feb. 13, 2019 -
Macy's names new chief merchandising officer
Patti Ongman, who has been at the company for more than three decades, most recently oversaw its home merchandising unit.
By Daphne Howland • Feb. 13, 2019 -
E-tailer Public Goods moves into grocery
The membership-only retailer, which began by offering clean personal care products, now has a healthy food category.
By Lauren Manning • Feb. 12, 2019 -
Reuters: Walmart and Deliv terminate grocery delivery partnership
The deal ended because of low order volume and lengthy fulfillment times that kept drivers waiting 40 minutes or more, according to the report.
By Krishna Thakker • Feb. 12, 2019 -
Under Armour plans to be 'a louder brand' in 2019
Successful launches, including the HOVR sneaker line, are helping to propel the retailer out of its rivals' shadows.
By Cara Salpini • Feb. 12, 2019 -
Retrieved from Target on February 12, 2019
Target updates app after pricing dispute
An investigation by a Minneapolis TV station found that prices on the retailer's mobile app rose as users got closer to stores.
By Corinne Ruff • Feb. 12, 2019 -
6 key components of the store of the future
From Walmart to DTC upstarts like Burrow, retail executives shared their perspectives on what's essential for the next generation of physical stores.
By Corinne Ruff • Feb. 12, 2019 -
Johnston & Murphy brand chief to retire
Jon Caplan, a longtime veteran of Genesco's classic American footwear retailer, will depart in June.
By Daphne Howland • Feb. 12, 2019 -
Barneys New York to launch 'The High End' cannabis concept
The effort involves a partnership with luxury purveyor Beboe and opens next month, featuring wellness products and paraphernalia in stores and online.
By Daphne Howland • Feb. 12, 2019 -
Barron's names Best Buy most sustainable company
Through its e-waste recycling, carbon emission reduction and community engagement, the electronics retailer moved up from its No. 3 spot last year.
By Caroline Jansen • Feb. 12, 2019 -
The new Toys R Us reportedly plans to open stores this year
According to multiple reports, the downscaled locations would include experiential elements and may sell toys on consignment.
By Corinne Ruff , Ben Unglesbee • Updated June 24, 2019 -
HBC closes Lord & Taylor flagship sale
The company completed the sale of its Fifth Avenue building to WeWork Property Investors for a total of $850 million.
By Daphne Howland • Feb. 11, 2019 -
Neiman Marcus' innovation lab dissolves under CEO's new strategy
The retailer's iLab concept was given to enterprise architect Scott Emmons in 2012, who exited the role earlier this year.
By Samantha Schwartz • Feb. 11, 2019 -
Facebook buys visual shopping startup GrokStyle
The startup's focus on artificial intelligence solutions for retailers could boost the social network’s e-commerce ambitions.
By Robert Williams • Feb. 11, 2019 -
Retrieved from Walmart on February 08, 2019
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 Caroline Jansen • 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 Kaarin Moore • 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 Daphne Howland • 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 Daphne Howland • Feb. 8, 2019 -
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 Daphne Howland • 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 Corinne Ruff • 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 Kaarin Moore • Feb. 8, 2019