Financial News: Page 203


  • Five Below plans 50 stores for Q3 amid physical expansion

    The discount retailer continues to capitalize on trends, but its merchandising capabilities plus the demise of Toys R Us mean it doesn't have to depend on the hottest crazes. 

    By Sept. 7, 2018
  • Now's a good time to snap up GameStop, analyst says

    A private equity takeover could hinder GameStop's turnaround if it means a debt pile-up, which has been a death sentence for other retailers.

    By Sept. 7, 2018
  • Barnes & Noble's need for a turnaround sharpens as comps fall 6%

    Millions of dollars in cost cuts couldn't help the retailer as its sales continued to slide, making the need for a new — and lasting — CEO even more crucial. 

    By Sept. 6, 2018
  • Zara parent aims to sell online everywhere by 2020

    CEO Pablo Isla noted that Zara stores are already proving to be instrumental in filling online orders.

    By Sept. 6, 2018
  • Suistudio expands beyond e-commerce with a global fleet of stores

    Suitsupply says it spent the last year perfecting its sister label's market positioning and retail strategy.

    By Sept. 6, 2018
  • Target readies toy expansion ahead of the holidays

    The mass merchant is just the latest taking steps to fill the gap opened by the demise of Toys R Us.

    By Sept. 5, 2018
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Amazon's stock valuation hits $1T

    The e-tailer and tech company is still far behind its primary rivals in terms of profitability, but its explosive growth has wowed investors who show no signs of losing faith in Amazon's future.

    By Sept. 5, 2018
  • RH to stop 'chasing low quality sales'

    The home furnishings retailer is staking its fortunes on a dazzling brick-and-mortar concept that prioritizes profits over sales, but that wasn't enough for Wall Street.

    By Sept. 5, 2018
  • Image attribution tooltip
    Allbirds
    Image attribution tooltip

    Allbirds takes flight offline with NYC, SF stores

    With plans for eight stores across the U.S. this year, including leases in Chicago and Boston, the footwear retailer is making a larger push into brick and mortar.

    By Sept. 5, 2018
  • Deep Dive

    VC money is pouring into e-commerce — but are women getting a fair share?

    Last year, female-founded retail businesses raised only about half the funding male founders did. Investors are realizing they may be leaving money on the table.

    By Sept. 5, 2018
  • Department stores' fortunes rise as they shun inventory

    The sector is reducing inventory and boosting margins, with the notable exception of J.C. Penney, according to a recent Moody's report.

    By Sept. 4, 2018
  • Ulta storefront
    Image attribution tooltip
    Courtesy of Ulta
    Image attribution tooltip

    Ulta's e-commerce growth spurt isn't over

    The beauty retailer's digital sales surged 37.9% in the quarter and the company is winning over "significant market share," according to CEO Mary Dillon.

    By Aug. 31, 2018
  • Walmart has big plans to cash in on Toys R Us' demise

    The retail giant is planning to expand its toy assortment by 30% in stores and 40% online this holiday season now that there is $1.3 billion in U.S. toy sales up for grabs.

    By Aug. 31, 2018
  • Lululemon storefront in New York
    Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Lululemon plans 40 more stores by year's end

    The athletics retailer has corrected its quality and style missteps and under new CEO Calvin McDonald is on its way to becoming a global lifestyle brand.

    By Aug. 31, 2018
  • Big Lots' new furniture focus boosts sales

    A new CEO will arrive next month as the company undertakes new marketing and store concept initiatives. 

    By Aug. 31, 2018
  • Wegmans launches app to assist visually impaired customers

    The Rochester, New York-based retailer is the first grocer to debut this technology to help low-vision and blind shoppers navigate stores.

    By Lillianna Byington • Aug. 30, 2018
  • Dollar General sales surge 10.6%

    With signs of trouble ahead for lower-income consumers, more growth is likely in store.

    By Aug. 30, 2018
  • Tempur-Pedic denied motion for preliminary injunction against Mattress Firm

    The brand's lawsuit claims that the mattress retailer is "copying the look and feel of the entire Tempur-Pedic brand and consumer experience."

    By Updated Jan. 18, 2019
  • Dollar Tree bets on renovations to boost Family Dollar

    The weaker of the discounter's two banners posted sluggish results again, but executives are looking to revive Family Dollar with fresh looks and stable management. 

    By Aug. 30, 2018
  • Burlington falls despite strong Q2 top line

    Not all off-price retailers are alike, and Burlington is more likely than TJX's banners to face competition from Walmart, which has upped its apparel game.

    By Aug. 30, 2018
  • Image attribution tooltip
    Cara Salpini/Retail Dive
    Image attribution tooltip

    Hollister disappoints as execs reiterate brick-and-mortar plan

    A same-store sales miss at Abercrombie & Fitch Co.'s lower-priced Hollister brand sent shares down Thursday.

    By Aug. 30, 2018
  • RetailMeNot hires Amazon exec as new CTO

    Vivek Sagi had been head of product and engineering for Amazon Business Procurement Solutions and also previously served as CTO of Amazon's Woot.com electronics marketplace.

    By Aug. 30, 2018
  • Ex-Barnes & Noble CEO sues for defamation

    Demos Parneros alleged that his firing last month was engineered by founder Leonard Riggio, not long after a buyer for Barnes & Noble backed out of a deal.

    By Aug. 29, 2018
  • Dick's blames sales miss on Under Armour

    In a slew of tough Q2 results, the athletics retailer missed both net sales and same-store sales estimates, calling out Under Armour's expanded distribution as a factor.

    By Aug. 29, 2018
  • Kohl's cuts 60 corporate tech jobs

    While cutting tech workers, the department store retailer continues to invest in new initiatives including cloud technologies.

    By Aug. 29, 2018