Financial News: Page 187


  • 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 Feb. 12, 2019
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    Retrieved from Target on February 12, 2019
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    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 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 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 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 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 Feb. 12, 2019
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    Toys R Us
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    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 , Updated June 24, 2019
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    "Lord and Taylor" by JJ is licensed under CC BY-ND 2.0
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    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 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
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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