Financial News: Page 202


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    Barnes & Noble
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    Barnes & Noble alleges ex-CEO 'sabotaged' sale

    The big-box book retailer has snapped back at a lawsuit filed by former CEO Demos Parneros. The company now alleges he's to blame for the crumbling of a deal this summer.

    By Oct. 31, 2018
  • New CEO to take over at New Balance

    The changing of the guard comes at a time when the company has benefited from young consumers' appreciation for retro styles and smaller brands.

    By Oct. 31, 2018
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    Retrieved from Walmart on October 31, 2018
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    Walmart revamps stores, e-commerce for the holidays

    The retail giant is making shopping easier by leveraging its stores, revamping its website and blurring its channels.

    By Oct. 31, 2018
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    John Hazard and Lisa Burdige
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    Column

    Comic Dive: Night of the Living Brand

    It's scary for brands as consumer preferences and technology evolve. Some may make it out alive but others will live on only in memory.

    By John Hazard and Lisa Burdige • Oct. 31, 2018
  • Nordstrom unwraps an array of gifting services

    The company is rolling out its "Let's Go Gifting" push with an ad campaign from Theo Wenner, who has worked with Chanel, Chloe and The Black Keys.

    By Oct. 31, 2018
  • American Apparel relaunches online in Canada

    The brand has no plans for stores, and doesn't seem to have much of a plan to move past controversial founder Dov Charney's vibe, either.

    By Oct. 31, 2018
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    New York Mag
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    NYMag to launch The Strategist beauty holiday pop-up

    A temporary shop in SoHo for the holidays makes sense for the magazine's beauty news and e-commerce website.

    By Oct. 30, 2018
  • Under Armour struggles on at home with 'more pain' ahead

    It's going to be a long haul for the activewear brand, as Nike dominates and smaller players entice many customers.

    By Oct. 30, 2018
  • Banana Republic to open Cos Bar beauty shop-in-shop

    The luxury cosmetics retailer is about one-third its usual size and is staffed by Cos Bar employees, according to a Women's Wear Daily report.

    By Updated Oct. 30, 2018
  • Sam’s Club ‘close’ to unveiling cashierless Amazon Go rival

    After hinting at the tech-heavy store concept this summer, the big-box club retailer said it will soon open a store that banks on scan-and-go tech.

    By Oct. 30, 2018
  • Walmart to transform supercenters into 'town centers'

    Restaurants, gyms and green spaces will start popping up around stores nationwide as the retailer pushes for more shoppers and greater efficiency.

    By Jeff Wells • Oct. 29, 2018
  • Avenue Stores taps influencers, shoppable Instagram Stories in app refresh

    The company's focus on mobile strategies emphasizes the importance of commerce features made specifically for today's on-the-go consumers.

    By Robert Williams • Oct. 29, 2018
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    blue apron
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    Blue Apron to sell meal kits on Walmart's Jet.com

    The struggling meal kit provider will offer four choices to customers in New York City and neighboring northern New Jersey starting at $16.99.

    By Christopher Doering • Oct. 29, 2018
  • Macy's adds Buzzfeed's Goodful brand to home assortment

    The media company last year announced plans to grow its brand stable, and since has also tied up with Walmart on its cooking line.

    By Oct. 29, 2018
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    SImon Property Group
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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 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 Oct. 26, 2018
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    Retrieved from Amazon on October 26, 2018
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    Column

    Reporter'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 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 Updated Oct. 30, 2018
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    Marcin Kempa via Unsplash
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    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 Oct. 26, 2018
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    Getty Images
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    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 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 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 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 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 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