Financial News: Page


  • Entertainment is filling a retail void for toy makers

    It's not like Hasbro or Mattel are getting out of the toy business, but many of those sales continue to fall.

    By April 26, 2019
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    Whole Foods
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    Amazon stokes profits as retail growth slows

    The e-commerce giant is facing stiff competition these days and isn't grabbing market share like before, so it must innovate, "just like any other retailer."

    By April 26, 2019
  • Trendline

    The direct-to-consumer landscape in retail

    More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.

    By Retail Dive staff
  • Forever 21 shutting down Chinese e-commerce site

    There are also reports of store closures and massive discounting that could indicate the brand is exiting the country, according to Women's Wear Daily.

    By April 26, 2019
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    Retrieved from Amazon on July 11, 2017
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    Amazon 'morphing' free Prime 2-day shipping to 1 day

    The e-commerce giant is investing $800 million to upgrade the infrastructure that was built to handle its most popular Prime membership perk.

    By April 25, 2019
  • UK regulators block Walmart's $9.4B Asda sale

    Merging with Sainsbury's would have created the country's largest chain and netted Walmart $4 billion.

    By Jeff Wells • April 25, 2019
  • Lululemon wants to double men's and digital by 2023

    The athletics retailer is also launching its own footwear, placing it in tighter competition with rivals Nike and Under Armour.

    By April 25, 2019
  • Pier 1 downgraded on debt, poor prospects

    In a statement, the retailer said it has a plan that will return the company to, "long-term health and sustainable financial performance." 

    By Updated April 26, 2019
  • Burlington names former Ross executive CEO

    The retailer announced Michael O'Sullivan will succeed Thomas Kingsbury, who will step down in September. 

    By April 25, 2019
  • 'Meet PillPack': Amazon rolls out Rx delivery direct marketing

    The campaign provides a peek behind the curtain of the famously secretive e-commerce giant, which has edged into healthcare in recent years.

    By Rebecca Pifer Parduhn • April 24, 2019
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    The RealReal
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    Prime Unicorn Index: The RealReal set to hit unicorn status with latest funding

    The upscale resale site authorized the sale of up to $70 million in new shares, which if sold, would value the company at over $1 billion.

    By April 24, 2019
  • EBay upgrades guidance on Q1 performance

    Like Amazon, the company is seeing more money come in from its advertising operations.

    By April 24, 2019
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    H&M
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    H&M expands product transparency for online apparel

    Several sustainability and ethics watchers give the fast-fashion retailer props for its efforts, but also say it should go further.

    By April 24, 2019
  • Chico's names Bonnie Brooks CEO

    Brooks previously served as interim CEO after Shelley Broader’s departure in April.

    By , Updated July 19, 2019
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    Madison Reed
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    Ulta lands exclusive deal with DTC brand Madison Reed

    It's part of a larger strategy for the beauty retailer, which has also made deals with brands like Morphe and Kylie Cosmetics.

    By April 24, 2019
  • Retail hiring fell 8.1% in 2018

    The shift is particularly noteworthy because the industry has struggled with recruiting and retention efforts of late.

    By Valerie Bolden-Barrett • April 23, 2019
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    Retrieved from Amazon on April 23, 2019
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    Amazon makes garage parcel deliveries available

    The release of Key for Garage is the company's latest effort to fight back against porch pirates and ensure deliveries end up in the right hands. 

    By Matt Leonard • April 23, 2019
  • All Kohl's stores to take Amazon returns

    The 2-year-old pilot will become standard practice in July, and brings benefits to both retailers and their customers.

    By April 23, 2019
  • Torrid withdraws IPO plans

    Plus apparel is getting renewed attention from disruptors and traditional brands alike, and that may be pressuring the private equity-owned retailer.

    By April 23, 2019
  • Walmart rewards supplier emission cuts

    Suppliers for the retailer have avoided 3.46 million metric tons of greenhouse gas emissions as part of Project Gigaton China.

    By Matt Leonard • April 23, 2019
  • The downward spiral of Francesca's

    The boutique retailer has reported double digit comps declines for five straight quarters, with a sixth projected, and has around $14 million in cash left.

    By April 22, 2019
  • Target unveils green, affordable household product brand

    "Everspring" takes a note from startup Brandless for affordable goods, and furthers the retailer's private label efforts.

    By April 22, 2019
  • Sears says Lampert stripped company 'of billions of dollars of assets'

    Several analysts have made observations along the same lines for years, but ESL on Monday “vigorously” disputed the claims.

    By April 22, 2019
  • Bed Bath & Beyond shakes up board amid activist pressure

    But the investor group responded saying the retailer's actions still weren't enough, pointing to the fact that the current CEO remains in his role.

    By Updated April 22, 2019
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    Kaarin Vembar/Retail Dive
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    Under Armour head of North America to depart

    Jason LaRose has been the president of that division since 2016, and has worked at the athletics retailer in various roles since 2013.

    By April 22, 2019
  • Amazon, Walmart join online SNAP pilot

    The USDA program, which has launched in New York state, will bring the convenience of online grocery shopping to millions of benefit recipients. 

    By Jessica Dumont • April 22, 2019