Financial News: Page 201
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Simon Property CEO: Malls don't need department stores
The real estate executive told analysts the downfall of Sears should be kept in perspective as the era of malls anchored by massive retailers draws to a close.
By Daphne Howland • Oct. 26, 2018 -
Reuters: Sears looking into past deals with CEO
Eddie Lampert's transactions with the retailer are under a microscope as the executive, owner and lender to Sears works to make yet another deal with the company.
By Ben Unglesbee • Oct. 26, 2018 -
Retrieved from Amazon on October 26, 2018
ColumnReporter's Notebook: Amazon's 4-star store is four walls and a bunch of random stuff
Retail Dive's Corinne Ruff took a peek inside the e-commerce giant's latest brick-and-mortar experience and came away wondering, is it really that unique?
By Corinne Ruff • Oct. 26, 2018 -
Neiman Marcus downgraded as it talks with creditors about debt
Reported discussions, if successful, could keep the luxury department store chain out of bankruptcy and reduce its massive debt burdens.
By Ben Unglesbee • Updated Oct. 30, 2018 -
Moody's boosts retail outlook to 'positive' for the first time in 3 years
Other analysts have some concerns about retailers' reality next year, however.
By Daphne Howland • Oct. 26, 2018 -
Amazon posts 'slightly worrying' sales slowdown in Q3
The company is facing more competition these days as consumers spread out online spending and legacy rivals step up e-commerce sales, analysts say.
By Daphne Howland • Oct. 26, 2018 -
Barbie comes to Mattel's rescue as sales decline across brands
The toy maker's once-popular American Girl brand is falling out of favor with sales plummeting 31% in the quarter.
By Daphne Howland • Oct. 26, 2018 -
Camping World sued over 'misleading' messages on Gander rollout
A group of investors claim that CEO Marcus Lemonis and others sold their stock before revealing the "behind-the-scenes chaos" and "giant s--t show" in the Gander integration.
By Daphne Howland • Oct. 25, 2018 -
David's Bridal negotiates with lenders as comps fall 6.5%, Reorg reports
The wedding apparel retailer and its lenders have each floated plans for restructuring the company's debt that could keep it out of bankruptcy.
By Ben Unglesbee • Oct. 25, 2018 -
Bed Bath & Beyond downgraded as struggles persist
The retailer is facing escalating costs even as it's forced to run promotions, causing S&P to believe that "the company's competitive position has eroded."
By Daphne Howland • Oct. 25, 2018 -
Walmart invites store employees to use their phones on the job
Employers interested in this "bring your own device" approach will want to note the cybersecurity risks that may be involved.
By Valerie Bolden-Barrett • Oct. 24, 2018 -
Lawsuits spark questions about Foot Locker's reliance on Nike
Investors filed claims that bring the footwear retailer's relationship with its largest supplier into focus.
By Daphne Howland • Oct. 24, 2018 -
Burberry, Target settle trademark dispute
The mass merchant's practice of partnering with luxury brands for special collections made it all the more confusing for consumers, Burberry argued in U.S. federal court.
By Daphne Howland • Oct. 24, 2018 -
Target announces free 2-day shipping this holiday season
The development is a competitive jab at rivals Walmart and Amazon, as is the company's expansion of its Drive Up service to nearly 1,000 stores.
By Corinne Ruff • Oct. 23, 2018 -
Walmart will expand 2-day shipping, in-store returns
The changes, rolling out in November, could give the retailer a leg up on its competitors.
By Shefali Kapadia • Oct. 23, 2018 -
Suppliers challenge Sears on multiple fronts in Ch. 11
Vendors to the bankrupt retailer have sued, questioning its store liquidation plans and stopping shipments as Sears tries to reorganize.
By Ben Unglesbee • Oct. 23, 2018 -
Retrieved from Amazon on April 02, 2018
OpinionForget customer convenience, Amazon Go is really about customer data
With each subsequent visit, Amazon will know much more about not only customers' digital shopping habits and preferences, but also brick-and-mortar behaviors, writes Signal's Jason Ankeny.
By Jason Ankeny • Oct. 23, 2018 -
Alibaba launches 10th Singles Day event
The Chinese e-commerce giant's blockbuster event is no longer just a day, and no longer restricted to e-commerce.
By Daphne Howland • Oct. 23, 2018 -
Chip Wilson considers return to Lululemon's board
The company's founder hopes to be on a public board by 2019, preferably Lululemon, he told the Financial Post. A return, however, could be problematic.
By Daphne Howland • Oct. 23, 2018 -
Authentic Brands moves into home market with Heritage Homes buy
The company placed the $38.5 million winning bid at a bankruptcy auction for the IP of Thomasville and Broyhill furniture seller brands.
By Ben Unglesbee • Oct. 22, 2018 -
Nike CIO departs to join pharma giant Merck
Jim Scholefield will move to the pharmaceutical company after working with Nike for over three years.
By Alex Hickey • Oct. 22, 2018 -
Hasbro to reduce global workforce
The company plans a return to growth next year as it finds ways to make up for Toys R Us sales, which dominated the third and fourth quarters last year.
By Daphne Howland • Oct. 22, 2018 -
Pier 1 leans on fulfillment efficiency to revive slipping sales
Initiatives such as a new distribution scheme and warehouse consolidation are part of a broader strategy to address "execution issues" in the company's supply chain, executives said in an earnings call.
By Emma Cosgrove • Oct. 22, 2018 -
Caleres snaps up Vionic for $360M
The latest brand in its growing portfolio adds to the conglomerate's strength in the comfort footwear segment.
By Daphne Howland • Oct. 22, 2018 -
VF sales up 15% with a lot of help from Vans
The company isn't flinching in the face of currency headwinds, trade troubles or the bankruptcy of a major customer, executives said on Friday.
By Daphne Howland • Oct. 19, 2018