Financial News: Page 186


  • Lowe's inks multi-year NFL partnership as it kicks off refresh campaign

    The retailer signs on as the first official home improvement retail sponsor of the league in a decade as it pushes new creative work and a tagline.

    By Peter Adams • Jan. 22, 2019
  • How Neiman Marcus' CIO wants to frame customer experiences

    Previously, only businesses interacted with technology, but "now customers have the ability to create their own technology," Sarah Miller said.

    By Samantha Schwartz • Jan. 22, 2019
  • David's Bridal emerges from bankruptcy

    Within just shy of two months since its filing, the company says it has a "substantially stronger balance sheet and a clear strategy for the future."

    By Jan. 22, 2019
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    Express
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    Express CEO abruptly departs

    The retailer may be at risk of following its former L Brands sibling, The Limited, into sales troubles.

    By Jan. 22, 2019
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    Walmart Store No. 8
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    Walmart's Store No. 8 is looking for a CEO to lead new startup

    The company, described in a job posting as in "stealth" mode, would join other Walmart-incubated tech startups like Spatialand and JetBlack.

    By Jan. 22, 2019
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    Parachute
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    Parachute introduces 1st mattress

    The five-year-old direct-to-consumer bedding company hopes to gain share in an increasingly crowded space by offering an "eco-friendly" mattress.

    By Jan. 22, 2019
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    Bloomingdale's
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    Bloomingdale's beauty department changes its look

    Much like its department store competitors, Bloomingdale's is focusing on tech and experience in its beauty sector makeover.

    By Jan. 22, 2019
  • Mickey Drexler steps down as chairman of J. Crew

    Chad Leat will succeed Drexler as the retailer's chairman, effective immediately. 

    By Jan. 19, 2019
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    NRF
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    Deep Dive

    Top retail execs share insights and goals for 2019

    From Lowe's to Brandless, retail executives talked through changes in the retail industry as a whole and their own strategies for the year ahead.

    By , Liza Casabona , , Jan. 18, 2019
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    Getty Images
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    Sears creditors lob objection at Lampert bid

    The committee of unsecured creditors hopes to land more funds by calling for a hearing to air grievances over years of alleged financial misconduct by Lampert and ESL.

    By Updated Jan. 18, 2019
  • Nordstrom's latest partnership is with period undies brand Thinx

    It's becoming clearer than ever that, to make it in retail, direct-to-consumer businesses need brick and mortar.

    By Jan. 18, 2019
  • Walmart ramps up grocery delivery with 4 new service providers

    The companies, including Roadie and Skip Pickup, will initially cover four states as the retailer works toward its goal of reaching 1,600 delivery stores this year.

    By Kristine Sherred • Jan. 18, 2019
  • VF has 'powerful' Q3 on strength of Vans, The North Face

    The conglomerate has worked to adjust its portfolio to chase growth, and so far that seems to be working.

    By Jan. 18, 2019
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    Mike Mozart via flickr
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    Signet hit with $11M penalty for deceptive credit practices

    The company, which runs mall-based jewelry brands like Kay and Jared, admits no wrongdoing.

    By Jan. 18, 2019
  • Gymboree files bankruptcy for 2nd time in 2 years

    The children's retailer plans to shutter its Gymboree and Crazy 8 stores, but executives have faith in Janie and Jack, and hope to sell it in Chapter 11.

    By Jan. 17, 2019
  • Nine West bondholders object to Sycamore settlement

    The private equity firm offered a $115 million settlement in response to claims it stripped Nine West of value, but bondholders aren't satisfied.

    By Updated Feb. 6, 2019
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    Retrieved from Target on January 17, 2019
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    Target private label baby brand expands into essentials

    The mass merchant is taking steps to freshen up some of its brands in a cohort of private labels that has rolled out over the last 18 months.

    By Jan. 17, 2019
  • Deep Dive

    Macy's on the brink

    The retailer's turnaround has been complicated by a holiday sales miss, and CEO Jeff Gennette must figure out how the department store can survive.

    By Jan. 17, 2019
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    Brandless
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    Brandless launches subscription option

    The service is both a convenience play for consumers and a savvy business move aimed at capturing reorders.

    By Jan. 17, 2019
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    Marcin Kempa via Unsplash
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    2018 was a great year for retail, 2019 is another story

    Consumers are likely to be less free spending this year, but they're holding onto their high expectations of retailers, according to a Deloitte report.

    By Jan. 17, 2019
  • Shopko files Chapter 11

    The Wisconsin-based retailer will also be closing an additional 38 stores and relocating 20 Optical centers to freestanding locations. 

    By Jan. 16, 2019
  • Walmart exits CVS pharmacy benefit network over pricing dispute

    CVS wants Walmart to fill prescriptions as an in-network pharmacy through April 30, but the retail giant could leave the network as early as February.

    By Rebecca Pifer • Jan. 16, 2019
  • Lampert wins back Sears with bid topping $5B

    After significant back and forth, the Sears Chairman has prevailed in an auction for the department store chain. The bid, however, still needs approval in court.

    By Jan. 16, 2019
  • L'Occitane buys British skincare brand Elemis for $900M

    The brand boasts cross-generational appeal and aims to grow its sales opportunities through its tie-up with the French retailer.

    By Jan. 16, 2019
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    Corinne Ruff
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    Walmart and VC firms see two paths for DTC brands

    Brands either need to be a consumer phenomenon like Warby Parker, or they need to fit into a larger portfolio, like the one that Walmart is building.

    By Jan. 16, 2019