Financial News: Page 195


  • Image attribution tooltip
    Charisse Kenion
    Image attribution tooltip

    David's Bridal Chapter 11 plan approved

    The company stated that it has sufficient funds to meet business requirements and all 300 stores will remain open throughout the restructuring process.

    By Updated Jan. 7, 2019
  • Image attribution tooltip
    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
    Image attribution tooltip

    J.C. Penney's 'atrocious' Q3 sharpens challenge for new CEO

    The hope for the retailer is that Jill Soltau can bring her merchandising skills to bear on fixing Penney's apparel woes — but she faces an uphill climb.

    By Nov. 15, 2018
  • Bloomingdale's to sell major appliances

    Will shoppers turn to the upscale department store, known for its tony apparel brands, for new televisions or dishwashers?

    By Nov. 15, 2018
  • Nike House of Innovation New York storefront
    Image attribution tooltip
    Courtesy of Nike
    Image attribution tooltip

    Inside Nike's new House of Innovation flagship

    From customizable sneakers and apparel to a localized Speedshop for New York customers, the flagship does just about everything — including mobile.

    By Nov. 15, 2018
  • Walmart e-commerce sales soar 43%

    Thanks to its brick-and-mortar fleet, grocery sales and e-commerce innovations, Walmart is getting stronger in its battle with Amazon.

    By Nov. 15, 2018
  • Sam's Club hit with timekeeping suit

    The suit alleges improper overtime payments and seeks collective status with a proposed class of all full-time hourly Sam's Club workers.

    By Lisa Burden • Nov. 15, 2018
  • Victoria's Secret CEO reportedly stepping down

    Former Spanx CEO Jan Singer took over from longtime brand chief Sharen Turney a little over two years ago.

    By Nov. 15, 2018
  • Walmart announces predictive scheduling for all US stores

    Employees can work a set schedule for months at a time, or opt for more flexibility — with all scheduling administered through an app.

    By Valerie Bolden-Barrett • Nov. 14, 2018
  • A fight is brewing over Sears' survival in bankruptcy

    Unsecured creditors and the hedge fund run by the company's chairman are already battling in court over the retailer's plan to sell its remaining stores in Chapter 11.

    By Nov. 14, 2018
  • A Macy's building with the word "Believe" written on it in bright lights.
    Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Macy's posts 4th straight quarter of comps growth

    According to GlobalData Retail, the number of people planning to visit the retailer for the holidays has risen for the first time in more than eight years.

    By Nov. 14, 2018
  • Lord & Taylor settles state racial discrimination claims

    The retailer's settlement with the Massachusetts attorney general highlights a common lack of explicit policies that prevent retail employees from treating customers unfairly based on race.

    By Updated Nov. 19, 2018
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Nov. 13, 2018
  • Nike headquarters
    Image attribution tooltip
    Courtesy of Nike
    Image attribution tooltip

    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 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 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 Nov. 13, 2018
  • Ulta storefront
    Image attribution tooltip
    Courtesy of Ulta
    Image attribution tooltip

    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 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 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 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
  • Image attribution tooltip
    Danielle Ternes/Retail Dive
    Image attribution tooltip
    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 Nov. 9, 2018
  • Image attribution tooltip
    Danielle Ternes/Retail Dive
    Image attribution tooltip
    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 , Nicole Ault • Nov. 9, 2018
  • Image attribution tooltip
    Danielle Ternes/Retail Dive
    Image attribution tooltip
    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 Nov. 9, 2018
  • Image attribution tooltip
    Danielle Ternes/Retail Dive
    Image attribution tooltip
    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 Nov. 9, 2018