Financial News: Page 202
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Deep Dive
Can Barnes & Noble be saved?
A revolving door of CEOs and failed attempts to boost stores with restaurants have plagued the retailer's turnaround efforts. Some say that's because there's no place left for big-box book retailing.
By Corinne Ruff • Sept. 17, 2018 -
Retail rents, vacancies stabilizing
Various reports suggest the worst of the impact of retail closures is probably over, as new tenants fill space vacated by anchoring stores.
By Daphne Howland • Sept. 17, 2018 -
August retail sales miss as gas prices rise
Disappointing retail sales last month are unlikely to dent holiday forecasts, unless tariffs force new challenges onto American consumers.
By Daphne Howland • Sept. 17, 2018 -
L Brands shuttering Henri Bendel
The move will be a boon to shareholders and allow L Brands to focus on its core business, according to B. Riley FBR analysts.
By Daphne Howland • Sept. 14, 2018 -
Sears posts lowest drop in comps since 2014, but losses balloon
The ailing department store retailer staunched the bleeding in its sales base, but did so partly through promotions and merchandise discounts as its losses doubled year over year.
By Ben Unglesbee • Sept. 14, 2018 -
Retailers in the forefront of hurricane preparedness
While much is made of the benefits and costs to retailers during major weather events, their focus is on safety.
By Daphne Howland • Sept. 14, 2018 -
Container Store tracks appointments with voice tech
The storage retailer reported customer satisfaction and workflow improvements after it deployed in-ear voice technology combined with smart appointment scheduling — an industry first.
By Dan Alaimo • Sept. 14, 2018 -
Retrieved from Target on September 14, 2018
Target dishes up exclusive Chrissy Teigen kitchen line
The mass merchant also recently debuted a collaboration with popular game Minecraft and a new private label — mainstays in Target's playbook.
By Corinne Ruff • Sept. 14, 2018 -
Vince bounces back in Q2
With backing from banks that seem confident in its business, the upscale apparel company's turnaround appears to be taking hold.
By Daphne Howland • Sept. 13, 2018 -
Brookstone gets more than $65M in winning Ch. 11 bid
The bankrupt retailer had two brand management companies fighting over it ahead of an asset auction, an indication its brand is still valuable.
By Ben Unglesbee • Updated Oct. 3, 2018 -
Hurricane Florence could cost retailers $700M
Major retailers like Target and Walmart are bracing for the hit in the Carolinas, stocking some stores with needed supplies while shuttering others.
By Daphne Howland • Sept. 13, 2018 -
Amazon, Good Housekeeping prep Mall of America holiday shop
Customers can test 150 products and buy via Amazon's mobile app or scannable SmileCodes.
By Robert Williams • Sept. 13, 2018 -
New York & Co. rebrands amid growth ambitions
The company's new moniker, "RTW Retailwinds," ironically reflects its struggle against the headwinds faced by many apparel retailers.
By Daphne Howland • Sept. 13, 2018 -
Madewell launches its first men's collection
The brand's expansion into menswear is the latest in a series of tactical decisions by its parent company, J.Crew.
By Kaarin Moore • Sept. 12, 2018 -
Hudson's Bay focuses on North American turnaround after Europe deal
The Canadian retailer's sales fell 2% in Q2 as it works to revive off-price and luxury banners.
By Ben Unglesbee • Sept. 12, 2018 -
Wayfair names new head of brand planning
Ezra Englebardt, who joined in June, is tasked with forging a creative strategy that can cut through a hotly competitive online market.
By Daphne Howland • Sept. 12, 2018 -
Retailers under pressure despite recent gains
Even as worries about a retail apocalypse fade, lower profits from digital and omnichannel growth loom.
By Daphne Howland • Sept. 11, 2018 -
Walgreens to take over 185 Fred's pharmacies
The shrinking of Fred's pharmacy operations is a departure from the drugstore's ambitions a year ago.
By Daphne Howland • Sept. 11, 2018 -
How a record store is beating the odds
New England chain Bull Moose is growing — despite offering goods widely available through digital streaming — by focusing on experience.
By Daphne Howland • Sept. 11, 2018 -
Jack Ma to retire as Alibaba chairman
"Alibaba was never about Jack Ma, but Jack Ma will forever belong to Alibaba," the company's founder told employees in a letter announcing his departure.
By Daphne Howland • Sept. 10, 2018 -
Chanel shutters US HQ
The company is the latest luxe player to streamline operations as fashion's calendar and supply chains have sped up.
By Daphne Howland • Sept. 10, 2018 -
Whole Foods workers aim to unionize
Employees are addressing conditions they claim have worsened under Amazon. The companies have a history of quashing such efforts.
By Krishna Thakker • Sept. 10, 2018 -
Bon-Ton plots comeback after tech company buys IP
CSC Generation picked up the department store retailer's intellectual property in a bankruptcy fire sale and is looking to revive it online and with a down-scaled physical presence.
By Ben Unglesbee • Updated Sept. 13, 2018 -
Meet the retailers on LinkedIn's list of top 50 US startups
Talent is streaming toward the disrupters on LinkedIn's list, which includes a few retail and retail-adjacent firms.
By Daphne Howland • Sept. 7, 2018 -
Burberry to stop destroying unsold merchandise
The upscale label will also no longer use fur, banning the remaining types of animal fur and hair that have been found in its designs.
By Daphne Howland • Sept. 7, 2018