Financial News: Page 187


  • Nike House of Innovation New York storefront
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    Courtesy of Nike
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    Inside Nike's new House of Innovation flagship

    From customizable sneakers and apparel to a localized Speedshop for New York customers, the flagship does just about everything — including mobile.

    By Nov. 15, 2018
  • Walmart e-commerce sales soar 43%

    Thanks to its brick-and-mortar fleet, grocery sales and e-commerce innovations, Walmart is getting stronger in its battle with Amazon.

    By Nov. 15, 2018
  • Sam's Club hit with timekeeping suit

    The suit alleges improper overtime payments and seeks collective status with a proposed class of all full-time hourly Sam's Club workers.

    By Lisa Burden • Nov. 15, 2018
  • Victoria's Secret CEO reportedly stepping down

    Former Spanx CEO Jan Singer took over from longtime brand chief Sharen Turney a little over two years ago.

    By Nov. 15, 2018
  • Walmart announces predictive scheduling for all US stores

    Employees can work a set schedule for months at a time, or opt for more flexibility — with all scheduling administered through an app.

    By Valerie Bolden-Barrett • Nov. 14, 2018
  • A fight is brewing over Sears' survival in bankruptcy

    Unsecured creditors and the hedge fund run by the company's chairman are already battling in court over the retailer's plan to sell its remaining stores in Chapter 11.

    By Nov. 14, 2018
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    Cara Salpini for Retail Dive
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    Macy's posts 4th straight quarter of comps growth

    According to GlobalData Retail, the number of people planning to visit the retailer for the holidays has risen for the first time in more than eight years.

    By Nov. 14, 2018
  • Lord & Taylor settles state racial discrimination claims

    The retailer's settlement with the Massachusetts attorney general highlights a common lack of explicit policies that prevent retail employees from treating customers unfairly based on race.

    By Updated Nov. 19, 2018
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    Getty Images
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    Amazon to build supply chain hub in Nashville

    The tech giant said it would build an Operations Center of Excellence in the Tennessee capital, in addition to new headquarters in New York City and Northern Virginia.

    By Edwin Lopez • Nov. 14, 2018
  • Amazon confirms NYC, Northern Virginia as HQ2 locations

    The company also announced a new Operations Center of Excellence in Nashville, Tennessee.

    By Kristin Musulin , Chris Teale • Nov. 13, 2018
  • Flipkart CEO resigns over allegations

    Co-founder Binny Bansal stayed on to oversee operations after Walmart acquired the Indian e-tailer, but unspecified misconduct allegations have forced him out.

    By Nov. 13, 2018
  • Nike headquarters
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    Courtesy of Nike
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    Sports retailers struggle with systemic culture problems

    Allegations against several companies — including Nike, Under Armour and Adidas — raise questions about the root causes of a spate of recent claims.

    By Nov. 13, 2018
  • The Home Depot shrugs off housing slump

    The home improvement retailer is steadily distancing itself from rivals as the choice among consumers and professionals alike.

    By Nov. 13, 2018
  • Coty names new CEO amid downgrade

    Pierre Laubies has challenges ahead, as the company is struggling to integrate its newly acquired P&G beauty business and is beset by ongoing supply chain issues.

    By Nov. 13, 2018
  • Ulta storefront
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    Courtesy of Ulta
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    Ulta makes 2 tech acquisitions to push digital focus

    The beauty retailer has grabbed market share from department stores and drugstores, but may be seeing the limits of its brick-and-mortar expansion.

    By Nov. 12, 2018
  • Walmart to open an in-store AI lab

    The retailer is exploring how artificial intelligence can be used for both store associate and customer-facing applications.

    By Nov. 12, 2018
  • Bebe venture grabs fashion brand Charles Vögele

    The women's retail brand has focused its operations in Europe, where its partnership with Bluestar Alliance has kept sales healthy.

    By Nov. 12, 2018
  • Gap chooses Microsoft's cloud, as retailers avoid AWS

    The retailer wants to use Azure for e-commerce operations and shy away from Amazon Web Services.

    By Samantha Schwartz • Nov. 12, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    Retail and private equity: An in-depth look at the risky relationship

    To explore the impact 15 years of leveraged buyouts has had on the industry, Retail Dive compiled data on acquisitions and outcomes from multiple sources. Here's what we found. 

    By Nov. 9, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    Is the road to bankruptcy paved by private equity?

    Retail Dive analysis found that more than 15% of retailers acquired by private equity firms over the past 15 years have filed for Chapter 11, including major names like Toys R Us and Sports Authority.

    By , Nicole Ault • Nov. 9, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    Overloaded: Dozens of retailers burdened with buyout debt are still at risk

    Saddled with loans and bonds that funded their acquisitions, virtually no private equity-owned company has a credit rating to write home about. 

    By Nov. 9, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    The 'explosion': When private equity money came for retail

    Over the past 20 years, leveraged buyouts in the industry have come in two big waves as Wall Street investors sought higher returns and took advantage of cheap debt. 

    By Nov. 9, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    Meet retail's hungriest private equity acquirers

    A handful of investment firms bought up dozens of companies, building retail expertise and leaving a not-insignificant trail of bankruptcies in their wake. 

    By , Nicole Ault • Nov. 9, 2018
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    Danielle Ternes for Retail Dive
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    Deep Dive

    Retail's largest private equity buyouts and how they've panned out

    The largest acquisitions include some household names — PetSmart, Dollar General, Staples and Toys R Us among them. Some were successfully resold. Others have struggled or gone bust.

    By Nov. 9, 2018
  • Sears closing another 40 stores in bankruptcy

    The ailing department store keeps shrinking as it looks to divest its assets and work toward some sort of sustainable form in Chapter 11. 

    By Nov. 9, 2018