Financial News: Page 188


  • Image attribution tooltip
    Retrieved from Nike on January 09, 2019
    Image attribution tooltip

    Nike stretches into Lululemon's space with 1st yoga line

    Promoted by a host of professional athletes, Nike is pitching its first yoga-specific line as a compliment to other workouts.

    By Jan. 10, 2019
  • West Elm launches private label bath collection

    The retailer expands beyond home furnishings with this new line, which features bath towels, shower curtains and beauty items like bath bombs.

    By Jan. 10, 2019
  • Image attribution tooltip
    Retrieved from Target on January 09, 2019
    Image attribution tooltip

    Target lights up Project 62 with Leanne Ford collection

    The co-host of the HGTV show "Restored by the Fords" is releasing a 30-piece, limited-time collection next month.

    By Jan. 10, 2019
  • Image attribution tooltip
    Montgomery County Planning Commission
    Image attribution tooltip

    Neiman Marcus to pay $1.5M settlement over 2013 data breach

    Over a three-month period, roughly 370,000 company credit cards used at 77 stores nationwide were accessed by an unknown third party.

    By Jan. 9, 2019
  • J.C. Penney to close 3 stores

    Despite high-spending shoppers, the holidays this year weren't much of a boon for the struggling department store as comp sales fell during the period.

    By Jan. 9, 2019
  • Sears to consider revised ESL bid

    In a bankruptcy court hearing Tuesday, the retailer said it will consider a revised bid, which is expected to be filed Wednesday with a $120 million deposit.

    By Jan. 9, 2019
  • Image attribution tooltip
    Sephora
    Image attribution tooltip

    Sephora Americas names head of Benefit Cosmetics new CEO

    Jean-André Rougeot has led Benefit Cosmetics, another LVMH-owned brand, for 12 years, and replaces Calvin McDonald, who left for Lululemon in August.

    By Jan. 9, 2019
  • Image attribution tooltip
    Retrieved from Kroger on January 08, 2019
    Image attribution tooltip

    Can Kroger make money selling tech to other retailers?

    The grocer is partnering with Microsoft to develop digital shelves, inventory management programs and other systems it will roll out to its own stores and offer to others.

    By Krishna Thakker • Jan. 8, 2019
  • Image attribution tooltip
    Beauty Brands
    Image attribution tooltip

    Former CEO wants to buy back Beauty Brands in Ch. 11

    Absolute Beauty's bid, for $4.65 million, would keep 23 stores open and is one of the preferred choices by the retailer's unsecured creditors.

    By Updated Jan. 18, 2019
  • Chanel advances luxury watch operations with Kenissi investment

    The fashion house is solidifying its timepiece operations at a time when some analysts say luxury sales could weather retail turbulence.

    By Jan. 8, 2019
  • Image attribution tooltip
    Nest Bedding
    Image attribution tooltip

    Nest Bedding to launch Amazon-exclusive mattress

    The direct-to-consumer bedding and mattress brand ended 2018 at $28 million and hopes to expand on that growth in the year ahead.

    By Jan. 8, 2019
  • Chico's Soma brand debuts tech-enabled fit bra

    Fit is a big conundrum when buying bras, and several brands have turned to tech to help the process.

    By Jan. 8, 2019
  • Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    WSJ: Charlotte Russe mulls sale, bankruptcy

    The mall retailer, which has struggled to regain its financial footing, has reportedly hired Guggenheim Securities to explore strategic alternatives.

    By Jan. 7, 2019
  • Starboard urges Dollar Tree to unload Family Dollar

    Family Dollar has been a drag on its parent since its 2015 acquisition, but a sale may mostly benefit investors, analysts say.

    By Jan. 7, 2019
  • Sears Holdings reportedly preps for liquidation

    The retailer has rejected Eddie Lampert's bid and is expected to ask a bankruptcy judge Tuesday if it can proceed with liquidation plans, sources told Reuters and CNBC.

    By Updated Jan. 8, 2019
  • Mall vacancies and rents stabilize in Q4

    Slowing new development, non-retail tenants and major changes retailers are making are all helping landlords, according to real estate research firm Reis.

    By Jan. 7, 2019
  • Rite Aid faces NYSE delisting

    The drugstore retailer is in a tough spot after two merger plans failed, and the prospect of delisting its common stock is the least of its problems.

    By Jan. 7, 2019
  • Former Toys R Us employees receive hardship fund checks

    Nearly 20,000 former employees received letters that allow them to apply for severance pay from a $20 million fund created by former private equity owners.

    By Jan. 4, 2019
  • Toys R Us Asia to open 60 stores in 2019

    Most stores are slated for China, the biggest growth market for the retailer, which has quickly faded from the U.S. market since its liquidation.

    By Jan. 4, 2019
  • FullBeauty expects to file Chapter 11

    The plus-size apparel retailer plans to go through a restructuring process in the coming weeks to slash debt by $900 million. 

    By Jan. 4, 2019
  • Apple's revenue miss threatens Best Buy

    The electronics retailer is also at risk of losing market share as Apple expands its relationships with other retailers, UBS analyst Michael Lasser says.

    By Jan. 4, 2019
  • Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Foot Locker passes $3M investment to kids' shoe startup

    Super Heroic, a children's footwear retailer, has now raised $10 million since its founding in 2016, and plans to start selling in Kids Foot Locker stores.

    By Jan. 4, 2019
  • Marble Ridge files anti-SLAPP motion against Neiman Marcus

    Things are heating up between the luxury retailer and its lenders, which aren't happy with the transfer of its MyTheresa e-commerce business last year.

    By Jan. 3, 2019
  • Lampert's plan A and B for Sears

    An affiliate of the Sears Chairman's hedge fund on Wednesday filed an alternative bid that would keep open just 250 stores.

    By Jan. 3, 2019
  • Blake Nordstrom dies unexpectedly at 58

    The co-president of Nordstrom, the department store founded by his great-grandfather, had worked at the family business since he was a teenager.

    By Jan. 3, 2019