Financial News: Page 197


  • 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
  • Stock photo of a job candidate reaching out across a table to shake hands with an interviewer.
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    Getty Images
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    Retailers are seeing high employee turnover

    Low unemployment is part of a robust economy fueling retail sales, but it's also forcing retailers to get creative as employers.

    By Nov. 16, 2018
  • Stop WALMART Act takes aim at CEO pay, minimum wage

    In order for the company to continue buying back stock, the act would require large employers to implement several changes.

    By Katie Clarey • Nov. 16, 2018
  • Cashierless technology startup Standard Cognition raises $40M

    The company plans to use the funds for rapid global expansion of its AI-powered autonomous checkout, posing a potential threat to Amazon Go.

    By Jessica Dumont • Nov. 16, 2018
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    Charisse Kenion
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    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
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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    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
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    Courtesy of Nike
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    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