Financial News: Page 187
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J.Crew selects sustainable denim supplier, but is it a natural fit?
Apparel retailers are more proactive in pursuing sustainable sourcing, but they’re thwarted in many ways.
By Andy Burt • Feb. 1, 2019 -
"H&M Canal City Hakata shop in Canal City Hakata East Building at Fukuoka,Japan" by Nissy-KITAQ is licensed under CC BY-SA 3.0
H&M to shutter 160 stores amid profit slump
The apparel company is climbing a digital learning curve in a belated move to grow and integrate its e-commerce.
By Daphne Howland • Feb. 1, 2019 -
Avon to slash workforce by another 10%
The job cuts, part of a turnaround strategy revision, come on top of an 8% reduction last year.
By Corinne Ruff • Feb. 1, 2019 -
"Michaels Arts And Crafts store - Saugus, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
Michaels to close 36 Pat Catan's stores
The retailer will rebrand some locations, but shuttering the smaller arts-and-crafts chain was inevitable, according to GlobalData Retail.
By Daphne Howland • Jan. 31, 2019 -
Francesca's completes strategic review without a sale
The struggling women's apparel and accessories retailer announced a new $10 million loan to support its turnaround efforts.
By Corinne Ruff , Ben Unglesbee • Updated Aug. 14, 2019 -
FAO Schwarz to open at Selfridges in London
The iconic toy retailer's revival entails a return to its experiential stores and a global expansion.
By Daphne Howland • Jan. 31, 2019 -
Yujin Kim/Retail Dive
Deep DiveThe running list of 2019 bankruptcy victims
Destination Maternity is the latest retailer to file, with plans to close roughly half its stores and sell itself in bankruptcy.
By Daphne Howland , Ben Unglesbee , Cara Salpini , Kaarin Moore , Caroline Jansen • Updated Oct. 23, 2019 -
Drugstores dig into dental care
CVS and Walgreens have both forged collaborations in the space in hopes that consumers will bite.
By Daphne Howland • Jan. 31, 2019 -
Blue Apron introduces new retail line on Jet
The embattled company will offer a meal kit that bundles sauces, grains, spices and a recipe that shoppers then pair with retailer produce or protein.
By Jeff Wells • Jan. 31, 2019 -
Retrieved from Neiman Marcus on January 30, 2019
Neiman Marcus calls on BLVD for beauty touch-up
The upgrades are only at some locations, which will feature the luxury beauty brand's salon, nail and brow services, among others.
By Cara Salpini • Jan. 31, 2019 -
Courtesy of FabFitFun
FabFitFun rakes in $80M more in VC funding
The investment will help the platform expand its merchandising and global operations and evolve as a marketing partner and brand launchpad.
By Corinne Ruff • Jan. 31, 2019 -
Retrieved from Target on January 30, 2019
Target accelerator welcomes 10 new beauty startups
Participating brands could, like Girl+Hair, YUNI Beauty and Oars + Alps, end up in Target's digital or physical aisles.
By Corinne Ruff • Jan. 31, 2019 -
Alibaba steadfast amid China turbulence
Executives again touted the strength of China's middle class, saying innovation will help it grab its share of growing consumption for years.
By Daphne Howland • Jan. 30, 2019 -
Kohl's to bring Weight Watchers studio to Chicago store
The move follows the retailer's efforts to shrink store footprints with space yielded to Amazon and grocer Aldi.
By Daphne Howland • Jan. 30, 2019 -
Retrieved from Ebay on June 04, 2015
EBay faces year of transition
Efforts to smooth recent experiments in the user and seller experience are complicated by activist pressure to spin off its profitable StubHub and Classifieds businesses.
By Daphne Howland • Jan. 30, 2019 -
Walmart scores Fanatics partnership ahead of Super Bowl
The two companies Tuesday launched a digital specialty shop on Walmart.com offering "hundreds of thousands" of fan gear from pro sports leagues.
By Corinne Ruff • Jan. 30, 2019 -
Billie lathers up $25M more in VC funding
The new funds will go toward expanding the brand's product line and innovating in the personal care category, the company said.
By Corinne Ruff • Jan. 30, 2019 -
GameStop drops sale search amid struggles to find a buyer
The gaming and collectibles retailer sold its mobile business, but is still in search of a permanent CEO.
By Daphne Howland • Jan. 29, 2019 -
Paul Marciano stays at Guess
Investors didn't take kindly to the brand's announcement Monday, which included the news that former COO Carlos Alberini will return to replace Victor Herrero as CEO and a member of its board.
By Daphne Howland • Jan. 29, 2019 -
LuLaRoe sued on pyramid scheme allegations
Washington state Attorney General Bob Ferguson states that the company engaged in deceptive practices.
By Kaarin Moore • Jan. 29, 2019 -
Longtime Neiman Marcus chief merchant to step down
Jim Gold spent nearly three decades at the company, working his way up through a variety of roles.
By Daphne Howland • Jan. 29, 2019 -
Walgreens scoops up 63 Shopko pharmacies at Ch.11 auction
The Midwestern retailer's bankruptcy is furthering the consolidation of the pharmacy business.
By Daphne Howland • Jan. 28, 2019 -
MLB subs Nike for Under Armour
The licensing agreement was originally awarded to Under Armour in 2016.
By Daphne Howland • Jan. 28, 2019 -
Walmart pulls products off Google Express
A company spokesperson did not detail why the products were no longer available on the shopping service, but clarified that Walmart is developing a specific action for the Google Assistant.
By Corinne Ruff • Jan. 28, 2019 -
Deep Dive
A Penney saved?
The discount department store's turnaround task is monumental, but time is short.
By Daphne Howland • Jan. 28, 2019
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