Financial News: Page 191
-
Amazon to build supply chain hub in Nashville
The tech giant said it would build an Operations Center of Excellence in the Tennessee capital, in addition to new headquarters in New York City and Northern Virginia.
By Edwin Lopez • Nov. 14, 2018 -
Amazon confirms NYC, Northern Virginia as HQ2 locations
The company also announced a new Operations Center of Excellence in Nashville, Tennessee.
By Kristin Musulin , Chris Teale • Nov. 13, 2018 -
Flipkart CEO resigns over allegations
Co-founder Binny Bansal stayed on to oversee operations after Walmart acquired the Indian e-tailer, but unspecified misconduct allegations have forced him out.
By Daphne Howland • Nov. 13, 2018 -
Sports retailers struggle with systemic culture problems
Allegations against several companies — including Nike, Under Armour and Adidas — raise questions about the root causes of a spate of recent claims.
By Cara Salpini • Nov. 13, 2018 -
The Home Depot shrugs off housing slump
The home improvement retailer is steadily distancing itself from rivals as the choice among consumers and professionals alike.
By Daphne Howland • Nov. 13, 2018 -
Coty names new CEO amid downgrade
Pierre Laubies has challenges ahead, as the company is struggling to integrate its newly acquired P&G beauty business and is beset by ongoing supply chain issues.
By Daphne Howland • Nov. 13, 2018 -
Ulta makes 2 tech acquisitions to push digital focus
The beauty retailer has grabbed market share from department stores and drugstores, but may be seeing the limits of its brick-and-mortar expansion.
By Daphne Howland • Nov. 12, 2018 -
Walmart to open an in-store AI lab
The retailer is exploring how artificial intelligence can be used for both store associate and customer-facing applications.
By Dan O'Shea • Nov. 12, 2018 -
Bebe venture grabs fashion brand Charles Vögele
The women's retail brand has focused its operations in Europe, where its partnership with Bluestar Alliance has kept sales healthy.
By Daphne Howland • Nov. 12, 2018 -
Gap chooses Microsoft's cloud, as retailers avoid AWS
The retailer wants to use Azure for e-commerce operations and shy away from Amazon Web Services.
By Samantha Schwartz • Nov. 12, 2018 -
Deep Dive
Retail and private equity: An in-depth look at the risky relationship
To explore the impact 15 years of leveraged buyouts has had on the industry, Retail Dive compiled data on acquisitions and outcomes from multiple sources. Here's what we found.
By Ben Unglesbee • Nov. 9, 2018 -
Deep Dive
Is the road to bankruptcy paved by private equity?
Retail Dive analysis found that more than 15% of retailers acquired by private equity firms over the past 15 years have filed for Chapter 11, including major names like Toys R Us and Sports Authority.
By Ben Unglesbee , Nicole Ault • Nov. 9, 2018 -
Deep Dive
The 'explosion': When private equity money came for retail
Over the past 20 years, leveraged buyouts in the industry have come in two big waves as Wall Street investors sought higher returns and took advantage of cheap debt.
By Ben Unglesbee • Nov. 9, 2018 -
Deep Dive
Overloaded: Dozens of retailers burdened with buyout debt are still at risk
Saddled with loans and bonds that funded their acquisitions, virtually no private equity-owned company has a credit rating to write home about.
By Ben Unglesbee • Nov. 9, 2018 -
Deep Dive
Meet retail's hungriest private equity acquirers
A handful of investment firms bought up dozens of companies, building retail expertise and leaving a not-insignificant trail of bankruptcies in their wake.
By Ben Unglesbee , Nicole Ault • Nov. 9, 2018 -
Deep Dive
Retail's largest private equity buyouts and how they've panned out
The largest acquisitions include some household names — PetSmart, Dollar General, Staples and Toys R Us among them. Some were successfully resold. Others have struggled or gone bust.
By Ben Unglesbee • Nov. 9, 2018 -
Sears closing another 40 stores in bankruptcy
The ailing department store keeps shrinking as it looks to divest its assets and work toward some sort of sustainable form in Chapter 11.
By Ben Unglesbee • Nov. 9, 2018 -
Nike moves to dismiss claims in gender discrimination lawsuit
A motion filed in the District Court of Oregon claims that the plaintiffs "fail to plead sufficient factual matter" in the original lawsuit, filed this past August.
By Cara Salpini • Nov. 9, 2018 -
FullBeauty misses debt payment, buys time with lenders
S&P Global analysts downgraded the plus-size catalog retailer and e-tailer to default levels, but they anticipate it could avoid Chapter 11 with a debt deal.
By Ben Unglesbee • Nov. 9, 2018 -
Sears bankruptcy hits Iconix brands hard
The brand group is also pressured by new private label initiatives in apparel and home goods by retailers like Target and Walmart.
By Daphne Howland • Nov. 9, 2018 -
Amazon to launch holiday pop-ups throughout Europe
The e-commerce giant continues to expand its brick-and-mortar footprint through a series of temporary locations during the holidays.
By Daphne Howland • Nov. 9, 2018 -
Adidas e-commerce sales boom 76%
The athletics retailer faces some tough challenges in coming months, including a resurgent Nike, according to Wedbush.
By Daphne Howland • Nov. 8, 2018 -
Versace could pose 'distraction' for slowing Michael Kors
The company doesn't seem prepared for the kind of rehab its incoming Versace brand will require, analysts warn.
By Daphne Howland • Nov. 8, 2018 -
Sally Beauty sales fall amid competition from Sephora, Ulta
Mass merchants, specialty retailers and pure-players are getting the best of the beauty company, but its CEO says the turnaround plan is on track.
By Daphne Howland • Nov. 8, 2018 -
CVS pilots 'HealthHUB' store concept
Front-store retail takes a back seat at the three Houston locations, which go beyond basic medical services to bring "real change" to health care after the drugstore's merger with Aetna.
By Daphne Howland • Updated Feb. 13, 2019