Financial News: Page 191


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    Kaarin Vembar
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    Things Remembered keeps brand name in Ch. 11 buyout

    Enesco, a global distributor of tchotchkes through third-party businesses, is taking over the mall-based retailer for an undisclosed amount.

    By Updated March 11, 2019
  • Michael Kors drags down Capri

    Plans for the revamp and integration of Versace are being complicated by a slow recovery at the company's flagship brand.

    By Feb. 6, 2019
  • The Container Store takes a hit after weak holiday numbers

    The retailer is shifting its focus to its custom closet sales, which continued to perform well in the quarter.

    By Feb. 6, 2019
  • Apple Retail Chief Angela Ahrendts to leave the company

    In the last five years, the exec has led a bold brick-and-mortar expansion predicated on the company's luxury stance.

    By Feb. 6, 2019
  • New Neiman Marcus execs to focus on customer experience

    Innovation has slipped from the upscale department store's grasp as it operates under crushing debt.

    By Feb. 6, 2019
  • Saks flagship triples handbag selling space

    The upscale department store is depending on exclusivity and personalization to bypass weakness in the segment.

    By Feb. 6, 2019
  • Deep Dive

    What will Sears look like on the other side of bankruptcy?

    ESL Investments announced Monday that it has completed the $5.2 billion acquisition of the iconic retailer.

    By Updated Feb. 12, 2019
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    Cara Salpini/Retail Dive
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    How DTC brands see the purpose of stores

    For three digitally native brands, brick-and-mortar locations are for consumer education — and more.

    By Feb. 6, 2019
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    Maui Economic Development Board
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    Walmart, Target, 100+ others saved $19.3B through sustainability

    Procurement managers of major corporations can exert influence upstream to meet climate goals, but engaging with suppliers remains fairly uncommon. 

    By Emma Cosgrove • Feb. 6, 2019
  • Joann names new CEO

    With a promising turnaround in place, there's little reason to shake up the retailer's leadership, so interim chief Wade Miquelon will remain.

    By Feb. 5, 2019
  • Pier 1 names CIO with roots in retail tech

    New exec Lance Wills' focus on omnichannel solutions and digital transformation will challenge the retailer's operational efficiency.

    By Samantha Schwartz • Feb. 5, 2019
  • Ralph Lauren gains traction

    The company is yanking sales from off-price and department stores and its new styles are resonating with younger shoppers.

    By Feb. 5, 2019
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    Outdoor Voices
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    Outdoor Voices poaches former Under Armour, Nike exec

    Pamela Catlett will take on the role of president and COO, with over 15 years of prior experience at Nike and Under Armour combined.

    By Feb. 5, 2019
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    Montgomery County Planning Commission
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    Ikea to test furniture leasing option in 30 markets

    Testing has begun in Switzerland, the Netherlands, Sweden and Poland, and the company hopes to cut down on furniture waste through the service.

    By Updated April 4, 2019
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    FullBeauty.com via YouTube
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    FullBeauty files, exits bankruptcy in 24 hours

    The plus-size apparel retailer won approval of its plan, breaking the record for the fastest Chapter 11. 

    By Updated Feb. 5, 2019
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    Flamingo
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    Target stocks women's body care brand Flamingo

    The brand is following the lead of parent Harry's, which has been sold through the mass merchant since 2016.

    By Feb. 4, 2019
  • Federal pension agency sues Sears to take over pensions

    The Pension Benefit Guaranty Corporation is alleging Sears' pension plans are underfunded by $1.4 billion. The retailer's court hearing to approve ESL's bid also begins Monday.

    By Feb. 4, 2019
  • David Yurman awarded $1.6M in counterfeit case

    The luxury jewelry company obtained a default judgment and permanent injunction against 31 defendants.

    By Feb. 4, 2019
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    Cara Salpini/Retail Dive
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    Charlotte Russe plans for full chain liquidation if no buyer emerges

    Without a firm commitment for a stalking horse bidder by Feb. 17, the apparel retailer plans to liquidate.

    By , Updated Feb. 6, 2019
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    Retrieved from Walmart on August 20, 2017
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    Walmart to give bonuses for perfect attendance

    The retailer is also giving some workers who face unexpected delays up to 48 hours without hurting their record.

    By Feb. 4, 2019
  • Draper James expands sizing

    Reese Witherspoon's Southern-styled apparel brand is the latest to bring inclusivity to reach more women.

    By Feb. 4, 2019
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    Retrieved from Amazon on October 09, 2018
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    Amazon's physical store sales fall 3%

    Natural maturity and advancing competition are pressuring the company, but its services are filling gaps and protecting margins.

    By Feb. 1, 2019
  • 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 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 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 Feb. 1, 2019