Financial News: Page 192


  • External shot of an Office Depot store.
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    Courtesy of Office Dept
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    Office Depot to buy back $100M in stock

    The company is giving itself some breathing room at a time when several retailers are hobbled in their turnaround efforts by massive debt loads.

    By Nov. 21, 2018
  • Gap plans to shutter 'hundreds' of its flagship stores

    Old Navy continues to support the company as Banana Republic recovers, but the Gap brand is struggling to sell its merchandise.

    By Nov. 21, 2018
  • Urban Outfitters reports strong earnings in Q3

    The retailer's performance demonstrates a positive turnaround since 2017, due in part to its adjusted markdown strategy and shifted focus on home goods.

    By , Nov. 21, 2018
  • Target shares fall after missing earnings estimates

    The retailer's Q3 earnings were a mixed bag, as earnings per share were lower than expected, and e-commerce and same-store sales hit record highs. 

    By Krishna Thakker • Nov. 20, 2018
  • Best Buy beats Q3 estimates, raises full year guidance

    The electronics retailer rode 4.3% comp sales growth to $9.59 billion in revenue for the third quarter.

    By Nov. 20, 2018
  • TJX sales surge in all divisions

    With rapid growth and room for more, the off-price retailer has little to fear from rivals.

    By Nov. 20, 2018
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    Barnes & Noble
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    Barnes & Noble notches best comps in two years

    However, the bookseller is once again without a chief executive, and its comp sales improvements are small comfort with sales still declining overall.

    By Nov. 20, 2018
  • Ross shares fall on Q4 projections

    Despite beating expectations on profit, the off-price retailer fell slightly short on revenue and projected lower-than-expected same-store sales for Q4.

    By Nov. 20, 2018
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    Cara Salpini/Retail Dive
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    Victoria's Secret's broken angel wings

    The third quarter brings the latest sign of trouble for L Brands' dimming star. Can new lingerie chief John Mehas bring the light?

    By Nov. 20, 2018
  • Kohl's Q3 tees itself up well for the holidays

    Despite this, the discount department store could face difficulty, considering it's competing with off-price retailers with more robust supply chains.

    By Nov. 20, 2018
  • Lowe's closing Mexico operations

    The home improvement retailer's Q3 sales rose to $17.4 billion, but it has much to do to catch up to its main rival, sector leader The Home Depot.

    By Nov. 20, 2018
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    Retrieved from Amazon on October 29, 2018
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    Deep Dive

    6 Amazon private labels to watch

    When it comes to its own brands, Amazon has some key advantages: resources, search dominance, market share and a whole lot of data. 

    By Nov. 20, 2018
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    Retrieved from Target on October 08, 2018
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    Deep Dive

    8 Target private label brands that launched this year

    The success of the company's Cat & Jack children's brand in 2016 has sparked a slew of proprietary brands that are helping the mass merchant differentiate.

    By Nov. 20, 2018
  • Amazon, Pep Boys expand tire installation services partnership

    Manny, Moe and Jack would approve of bringing the service to more locations.

    By Nov. 19, 2018
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    Lidl
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    Lidl's acquisition of Best Market could 'jump-start' US push

    The discount grocer is adding 27 stores in New York and New Jersey to the fold, the company's first major acquisition since it entered the U.S. in 2017.

    By Christopher Doering , Krishna Thakker • Nov. 19, 2018
  • Mattress Firm to exit bankruptcy 'in the coming days'

    Just over a month later, the mattress retailer announced its intentions to exit Chapter 11 with a lighter footprint and a stronger balance sheet.

    By Nov. 19, 2018
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    Scott Webb
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    What went wrong at David's Bridal?

    The bridal retailer's bankruptcy filing will bring an influx of $60 million in new financing. But is it tulle little, tulle late? 

    By Nov. 19, 2018
  • J. Crew CEO out in just over a year

    It was always going to be difficult for James Brett to orchestrate a turnaround with his longtime predecessor on the board.

    By Nov. 19, 2018
  • Chanel claims The RealReal is selling fake handbags

    The French fashion house claims that in addition to allegedly selling fakes, the luxury online consignment retailer forces its customers to rely on its own authentication rather than Chanel's.

    By Updated Nov. 19, 2018
  • Home Depot's 'year of the pilot' spurs new facilities, 2-day delivery

    In a new initiative, the retailer developed a "dynamic ETA" for more exact delivery dates based on zip codes.

    By Shefali Kapadia • Nov. 19, 2018
  • Nordstrom overcharged $72M to customers

    The retailer will be issuing refunds to 4% of Nordstrom cardholders, with most receiving less than $100. 

    By Nov. 16, 2018
  • Oracle calls on digital assistant to boost operational productivity

    Announced last month, this could be the latest virtual assistant to impact retail, but on the back end of the business.

    By Nov. 16, 2018
  • Shyft raises $6.5M to fuel workforce management app

    The platform enables retail and service employees to easily swap work shifts.

    By Nov. 16, 2018
  • Hurricanes boost October retail sales

    All eyes were on last month's numbers, and, by and large, they point to robust holiday sales.

    By Nov. 16, 2018
  • Dillard's Q3 was 'disappointing' for CEO

    The family-owned regional department store was forced to slash prices on merchandise in the quarter.

    By Nov. 16, 2018