Financial News: Page 188


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    WSJ: Amazon ramps up push for companies to develop exclusive brands for its platform

    Creating brands internally reportedly proved too time-intensive and costly for the e-commerce giant.

    By Peter Adams • Jan. 25, 2019
  • Unsecured Sears creditors line up litigation

    Creditors have filed an objection to ESL Investment's $5.2 billion bid, citing the hedge fund and Eddie Lampert's involvement in Sears' demise.

    By Updated Jan. 28, 2019
  • Things Remembered reportedly mulls bankruptcy, store closures

    Nearly a decade of private equity ownership and a 2016 restructuring have done little to alleviate the mall retailer's crushing debt.

    By Jan. 25, 2019
  • Calvin Klein introduces a recycling label

    The brand's underwear line will now provide instructions on how to recycle packaging. 

    By Jan. 25, 2019
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    Puma steps up social justice mission with Meek Mill

    The athletics brand will be the exclusive brand partner of REFORM Alliance, an organization backed by Mill, Jay-Z and the CEO of Kraft Group, among others, focused on criminal justice system reforms.

    By Jan. 25, 2019
  • Container Store's co-founder steps down

    Kip Tindell and his wife, Sharon, who is also leaving, have led the decluttering retailer in the belief that Americans would buy stuff to get organized.

    By Jan. 25, 2019
  • Walmart raises wages, introduces mentoring for truck drivers

    The retailer's new onboarding process suggests truck drivers are changing, and the job needs to change with them.

    By Emma Cosgrove • Jan. 24, 2019
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    CPG giants partner on reusable packaging

    Dozens of major brands have partnered to launch this ambitious new packaging model in the U.S. and France. TerraCycle and Suez break down how it could change the waste equation in the coming decades.

    By Cole Rosengren • Jan. 24, 2019
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    The RealReal
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    The RealReal reportedly mulls IPO

    The upscale resale site, which also now sells through physical locations, has garnered attention from investors and luxury shoppers alike.

    By Jan. 24, 2019
  • Foot Locker debuts 'power store' in North America

    The sportswear retailer is expected to roll out more than a dozen such concept stores by the end of the year.

    By Jan. 24, 2019
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    Walmart-owned Eloquii partners with lingerie brand Cosabella

    The limited-time collection follows up on other high-profile collaborations with designer Jason Wu and lifestyle brand Draper James.

    By Jan. 23, 2019
  • Bankruptcy trustee sues Sun Capital for The Limited's demise

    "Sun Capital siphoned whatever value it could from a company that was already struggling for survival, thereby hastening its demise at the expense of unsecured creditors," according to court documents.

    By Jan. 23, 2019
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    Court certifies class of 5M Walmart applicants in background check suit

    The move comes after Delta, Frito-Lay and Target paid out multimillion-dollar settlements within the past year for similar claims.

    By Jennifer Carsen • Jan. 23, 2019
  • Deep Dive

    What can US retailers learn from China?

    Stores like Alibaba's Hema offer a vision of the future for American grocers, but experts say creating a similarly seamless omnichannel experience isn't easy — and may not be possible.

    By Jessica Dumont • Jan. 23, 2019
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    Brandless launches pet and baby categories

    The new categories come with higher price points, but CEO Tina Sharkey said 90% of the assortment will remain $3.

    By Jan. 23, 2019
  • 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 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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    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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    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