Financial News: Page 189
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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 -
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 Corinne Ruff • 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 Daphne Howland • Jan. 25, 2019 -
Calvin Klein introduces a recycling label
The brand's underwear line will now provide instructions on how to recycle packaging.
By Kaarin Moore • Jan. 25, 2019 -
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 Corinne Ruff • 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 Daphne Howland • 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 -
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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