Financial News: Page 189


  • Walmart ramps up grocery delivery with 4 new service providers

    The companies, including Roadie and Skip Pickup, will initially cover four states as the retailer works toward its goal of reaching 1,600 delivery stores this year.

    By Kristine Sherred • Jan. 18, 2019
  • VF has 'powerful' Q3 on strength of Vans, The North Face

    The conglomerate has worked to adjust its portfolio to chase growth, and so far that seems to be working.

    By Jan. 18, 2019
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    Mike Mozart via flickr
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    Signet hit with $11M penalty for deceptive credit practices

    The company, which runs mall-based jewelry brands like Kay and Jared, admits no wrongdoing.

    By Jan. 18, 2019
  • Gymboree files bankruptcy for 2nd time in 2 years

    The children's retailer plans to shutter its Gymboree and Crazy 8 stores, but executives have faith in Janie and Jack, and hope to sell it in Chapter 11.

    By Jan. 17, 2019
  • Nine West bondholders object to Sycamore settlement

    The private equity firm offered a $115 million settlement in response to claims it stripped Nine West of value, but bondholders aren't satisfied.

    By Updated Feb. 6, 2019
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    Retrieved from Target on January 17, 2019
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    Target private label baby brand expands into essentials

    The mass merchant is taking steps to freshen up some of its brands in a cohort of private labels that has rolled out over the last 18 months.

    By Jan. 17, 2019
  • Deep Dive

    Macy's on the brink

    The retailer's turnaround has been complicated by a holiday sales miss, and CEO Jeff Gennette must figure out how the department store can survive.

    By Jan. 17, 2019
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    Brandless
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    Brandless launches subscription option

    The service is both a convenience play for consumers and a savvy business move aimed at capturing reorders.

    By Jan. 17, 2019
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    Marcin Kempa via Unsplash
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    2018 was a great year for retail, 2019 is another story

    Consumers are likely to be less free spending this year, but they're holding onto their high expectations of retailers, according to a Deloitte report.

    By Jan. 17, 2019
  • Shopko files Chapter 11

    The Wisconsin-based retailer will also be closing an additional 38 stores and relocating 20 Optical centers to freestanding locations. 

    By Jan. 16, 2019
  • Walmart exits CVS pharmacy benefit network over pricing dispute

    CVS wants Walmart to fill prescriptions as an in-network pharmacy through April 30, but the retail giant could leave the network as early as February.

    By Rebecca Pifer • Jan. 16, 2019
  • Lampert wins back Sears with bid topping $5B

    After significant back and forth, the Sears Chairman has prevailed in an auction for the department store chain. The bid, however, still needs approval in court.

    By Jan. 16, 2019
  • L'Occitane buys British skincare brand Elemis for $900M

    The brand boasts cross-generational appeal and aims to grow its sales opportunities through its tie-up with the French retailer.

    By Jan. 16, 2019
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    Corinne Ruff
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    Walmart and VC firms see two paths for DTC brands

    Brands either need to be a consumer phenomenon like Warby Parker, or they need to fit into a larger portfolio, like the one that Walmart is building.

    By Jan. 16, 2019
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    NRF
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    Patagonia doubles down on sustainability

    At NRF's Big Show, CEO Rose Marcario discussed efforts to make the supply chain carbon neutral by 2025, and why taking a stand doesn't hurt business.

    By Jan. 16, 2019
  • Payless reportedly plans to shutter most, if not all, stores

    The shoe retailer is very close to filing Chapter 11 for the second time in less than two years, Bloomberg reports.

    By Updated Feb. 8, 2019
  • Will a China slowdown hurt retailers?

    Despite the bouncing rhetoric around a U.S.-China trade war and signs of a slowing Chinese economy, retailers staking sales growth there may be OK — if they have the goods.

    By Jan. 16, 2019
  • Pier 1 faces NYSE delisting

    The latest bad news for the struggling furniture and home goods retailer comes amid its search for a new chief executive.

    By Jan. 15, 2019
  • S&P downgrades Charlotte Russe amid 'ongoing weakness'

    The negative outlook reflects an increasing likelihood that the apparel retailer could "restructure its debt in some form in the next six months," S&P said.

    By Jan. 15, 2019
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    NRF
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    Retailers wary of the shutdown, tariffs and a looming recession

    There's a greater than 50% chance that a recession hits the U.S. this year, economists said during sessions at the NRF Big Show Monday.

    By Jan. 15, 2019
  • J.C. Penney CEO assembles a team as Fitch downgrades

    Amid sales struggles and without massive real estate holdings to sell, it's unclear if the discount department store can survive.

    By Jan. 15, 2019
  • American Eagle launches dressing room technology

    The retailer is partnering with Aila Technologies to make fitting rooms a seamless experience.

    By Jan. 15, 2019
  • Bebe revamps e-commerce and loyalty program

    The brand is making a steady return after avoiding bankruptcy, despite years of struggles.

    By Jan. 15, 2019
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    NRF
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    Marvin Ellison's plan to build Lowe's back up

    "You can't put the icing before the cake," the executive said during a panel at NRF's Big Show. His solution? Go back to the basics.

    By Jan. 15, 2019
  • Shyft, JDA integrate technologies to mobilize workforce management

    The partnership signifies an effort to modernize how retailers and retail workers manage their work schedules.

    By Jan. 14, 2019