Financial News: Page 195


  • Tariffs won't drive RH manufacturing out of China, CEO says

    The luxury furniture retailer is stoking sales with its services-oriented, hospitality-laced brick-and-mortar strategy.

    By Dec. 4, 2018
  • Ikea to open 1st Manhattan store

    The location is part of the furniture retailer's new sales strategy to reach people in urban areas with smaller living spaces.

    By Dec. 4, 2018
  • Shopko closing 39 stores

    Some say the Wisconsin-based retailer has been challenged by e-commerce, but others point to its private equity ownership.

    By , Updated Dec. 4, 2018
  • Freight costs weigh on Dollar General

    The retailer is reiterating its plan to expand and upgrade stores despite rising transportation expenses and costs wrought by recent hurricanes.

    By Dec. 4, 2018
  • Sears employees push for severance pay

    In a letter addressed to the retailer's chairman, dozens of current and former employees urged Eddie Lampert and other creditors to pay severance.

    By Dec. 3, 2018
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    "J.Jill" by Corey Coyle is licensed under CC BY 3.0
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    J. Jill CFO out amid turnaround

    Dave Biese will leave next spring, the retailer said after a quarter demonstrating some traction in its new merchandising and marketing efforts.

    By Dec. 3, 2018
  • Dive Awards

    Turnaround of the Year: Kohl's

    After a stretch of declining sales, Kohl's took control of its fate through new brand and product partnerships, a loyalty revamp and moves to become more operationally nimble.

    By Dec. 3, 2018
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    Yujin Kim/Retail Dive
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    Dive Awards

    The Retail Dive Awards for 2018

    Whether it's giving an old brand new life or transforming the industry on a larger scale, these top retail executives and companies made an impact on 2018.

    By Retail Dive Team • Dec. 3, 2018
  • Dive Awards

    Disruptor of the Year: Katrina Lake, Stitch Fix

    The Stitch Fix founder has merged data science, logistics and fashion intuition, pushing forward an entirely different approach to shopping for clothes that others are mimicking. 

    By Dec. 3, 2018
  • Dive Awards

    Retailer of the Year: Target

    Within a year and a half, Target's aggressive business strategy has catapulted the mass merchant from a turnaround story slowly rebounding from quarterly declines to the top of the retail food chain.

    By Updated Dec. 3, 2018
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    Casper
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    Dive Awards

    Startup of the Year: Casper

    For a 4-year-old company, Casper is more than carrying its weight in the sector, with big plans for brick-and-mortar growth and a fresh approach to mattresses.

    By Dec. 3, 2018
  • Dive Awards

    Executive of the Year: Jeff Gennette, Macy's

    While Macy's is still executing on its turnaround plan, the CEO's vision has so far helped the iconic retailer reimagine its purpose for customers in a new era for department stores. 

    By Dec. 3, 2018
  • CEO of Parcel, Walmart's grocery delivery arm in NYC, departs

    Jesse Kaplan's departure could deal a blow to the retailer's efforts to gain inroads in the Big Apple through its Jet.com business, Bloomberg writes.

    By Jessica Dumont • Nov. 30, 2018
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    Eloquii
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    Eloquii opens SoHo pop-up

    The plus-size brand is no longer an e-commerce pure play, and the expansion is likely benefiting from Eloquii's recent acquisition by Walmart. 

    By Nov. 30, 2018
  • Guess to pay $45M to resolve European antitrust investigation

    The company was fined for maintaining "artificially high retail prices" in Central and Eastern Europe. 

    By Updated Dec. 18, 2018
  • Lululemon investor files lawsuit against former CEO

    Laurent Potdevin was ousted in February following misconduct allegations. The lawsuit claims he fostered a toxic culture that had financial repercussions.

    By Nov. 30, 2018
  • WSJ: J. Crew axes Mercantile brand

    The move halts a recent deal to sell the brand through Amazon and leaves only the company's factory stores to appeal to budget shoppers.

    By Nov. 30, 2018
  • WSJ: Sears talks with liquidators as it tries to sell itself

    While the retailer's chairman, Eddie Lampert, works on a bid to buy Sears in Ch. 11, its advisers are also talking with firms that would sell off its assets. 

    By Nov. 29, 2018
  • H&M to offer part-time employee benefits

    The retailer announced six weeks of paid paternal leave to eligible workers.

    By Kathryn Moody • Nov. 29, 2018
  • Dollar Tree storefront.
    Image attribution tooltip
    The image by Mike Mozart is licensed under CC BY 2.0
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    Family Dollar's rising costs and weakness ail Dollar Tree

    Despite improvements to stores and changes to merchandise, Family Dollar continues to drag down its parent company.

    By Nov. 29, 2018
  • Reuters: Gymboree could close half its stores, file Ch. 22

    The children's apparel retailer emerged from bankruptcy last year with fewer stores and less debt — but the reorganization may not have been enough.

    By Nov. 29, 2018
  • Chico's brand chief out amid sales slide

    A style pivot at the apparel company's flagship label went awry, sending store comps down drastically in the third quarter.

    By Nov. 29, 2018
  • Ralph Lauren exits historic NYC garment district

    The brand joins several others that have abandoned flagship locations as the city's rents rise and fans turn away.

    By Nov. 29, 2018
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    Getty Images
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    Opinion

    The last thing a retailer needs is an activist investor

    The downfall of Sears and J.C. Penney was less related to industry upheaval than it was to active disruption — and Starbucks could be next, writes Bob Phibbs, CEO of The Retail Doctor.

    By Bob Phibbs • Nov. 29, 2018
  • Abercrombie's recovery shows 'positive momentum'

    The retailer, however, has more to do to make shoppers aware of merchandise improvements and bring its U.S. turnaround overseas, analysts say.

    By Nov. 29, 2018