Financial News: Page 196


  • Image attribution tooltip
    Getty Images
    Image attribution tooltip
    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
  • Burlington sales up 13.7% as it plans 49 new stores

    The off-price model continues to thrive no matter the economy, and more treasure-filled inventory may be on the way.

    By Nov. 28, 2018
  • GameStop sells mobile business for $700M

    The game and electronics retailer unloaded its Spring Mobile unit to another AT&T dealer as it continues reviewing strategic options.

    By Nov. 28, 2018
  • H&M to shutter Cheap Monday brand

    The Swedish fast-fashion group has been adding new brands lately, but its 14-year-old skinny jeans wholesale business has been struggling for a while.

    By Nov. 28, 2018
  • Dick's protects profits as it thins out assortment

    The sports apparel retailer is also losing share to specialists like Lululemon and mass merchants like Target, analysts say.

    By Nov. 28, 2018
  • Tiffany's turnaround is accelerating

    The storied jeweler has been working to bring up designs and stores to appeal to younger luxury shoppers.

    By Nov. 28, 2018
  • Coming to a city near you: Ikea, new and (maybe) improved

    The furniture retailer is opening 30 small-store concepts in urban areas and refocusing e-commerce and delivery efforts. Will that lure millennials?

    By Nov. 28, 2018
  • Overstock aims to sell retail business by February

    The e-tailer's CEO first disclosed a plan for a sale nearly a year ago, but in a recent interview with The Wall Street Journal he offered up few details regarding what he claims is an imminent deal.

    By Nov. 27, 2018
  • Image attribution tooltip
    Instacart
    Image attribution tooltip

    Instacart slashes delivery and membership fees

    The e-commerce provider now charges $3.99 instead of $5.99 for same-day and next-day orders and has lowered its Instacart Express membership fee from $149 to $99.

    By Jessica Dumont • Nov. 27, 2018
  • Image attribution tooltip
    Allbirds
    Image attribution tooltip
    Deep Dive

    10 digitally native brands to watch

    Direct-to-consumer businesses like Casper, Away and Glossier are banking on social media connections, nimble supply chains and cheaper prices to disrupt retail — and they're scaling quickly.

    By Nov. 27, 2018
  • Is Blue Apron's partnership with Costco on the rocks?

    Sales of the company's meal kits are on pause at the wholesale giant during the holidays, but CEO Brad Dickerson says it is aiming to return in 2019.

    By Christopher Doering • Nov. 27, 2018
  • Adore Me opens 1st store outside of New York

    The e-commerce player has big plans for brick and mortar as the brand and its rivals work to take advantage of Victoria's Secret's troubles.

    By Nov. 26, 2018
  • Payless debuts holiday pop-up stores

    The shoe retailer is working with a much smaller brick-and-mortar footprint after its bankruptcy last year.

    By Nov. 26, 2018
  • Image attribution tooltip
    Cindy Ord for FAO Schwarz
    Image attribution tooltip

    FAO Schwarz returns to New York

    The dance piano is back where it belongs, and the iconic retailer's new Rockefeller Plaza location has new experiences in store.

    By Nov. 21, 2018
  • External shot of an Office Depot store.
    Image attribution tooltip
    Courtesy of Office Dept
    Image attribution tooltip

    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
  • Image attribution tooltip
    Barnes & Noble
    Image attribution tooltip

    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
  • Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    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