Financial News: Page 204
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Hudson's Bay cuts deal with rival for European joint venture
After denying reports in July that it had signed an agreement with rival Signa Holding, Hudson's Bay said Tuesday that it was combining its operations and assets on the continent with a Signa subsidiary.
By Ben Unglesbee • Updated Sept. 11, 2018 -
Amazon reportedly working on a Toys R Us-like holiday catalog
The e-commerce giant is hardly alone in seizing opportunity in the wake of the toy retailer's demise, but it's in a particularly good position for it.
By Daphne Howland • July 6, 2018 -
Walmart taps outsiders for customer, marketing roles
Executives from American Express and TripAdvisor will arrive this summer to help the retail giant better connect with shoppers.
By Daphne Howland • July 6, 2018 -
Macy's plots Bluemercury expansion
The upscale beauty and spa retailer was acquired three years ago and is now a key part of its defensive move against disrupters Sephora and Ulta.
By Daphne Howland • July 6, 2018 -
Target automating cash-counting at stores
The mass merchant is adding 500 automatic cash-counting machines to stores in August, and more by the end of the year, to free up employee time for customers.
By Corinne Ruff • July 5, 2018 -
Rockport settles with Adidas, clearing way for bankruptcy sale
Adidas, the brand's former owner, objected to the private equity sale saying Rockport still owed it money.
By Ben Unglesbee • Updated Aug. 2, 2018 -
It's becoming more expensive to be a Whole Foods supplier
In addition to merchandising fees and having to pay to run in-store demos, vendors are now being charged for the grocer’s Prime member discounts.
By Jeff Wells • July 5, 2018 -
Barnes & Noble axes CEO over unnamed 'violations'
The removal of Demos Parneros marks the fifth chief executive turnover in as many years.
By Daphne Howland • July 5, 2018 -
The Walking Company exits bankruptcy
The shoe seller's second trip to Chapter 11, which helped it shed 23 stores, went as smoothly as one could hope. Now it has to execute on long-term transformation plans.
By Ben Unglesbee • July 3, 2018 -
Malls are the emptiest they've been in 6 years
The liquidation of Toys R Us impacted vacancy rates more than any other retailer has in the last nine years, according to a new report.
By Corinne Ruff • July 3, 2018 -
BuildDirect stacks new team with ex-Amazon execs
Home improvement sales have been slow to grow e-commerce, but BuildDirect may be poised to speed them up.
By Daphne Howland • July 3, 2018 -
WeWork opens shop with WeMRKT retail concept
The co-working startup opened its first location in New York, and plans to sell healthy snacks, office supplies and branded apparel.
By Daphne Howland • July 3, 2018 -
Colgate reportedly to invest in subscription startup Hubble
The delivery startup would help develop subscriptions for Colgate's oral care and other products, The Wall Street Journal reports.
By Daphne Howland • July 3, 2018 -
Opinion
Brick-and-mortar retail's most important renovation: The workforce
The key to creating vibrant, experiential store environments is people, writes Marcie Merriman of Ernst & Young.
By Marcie Merriman • July 2, 2018 -
Nordstrom downgraded on margin, Rack pressures
The note from Cowen analysts Monday, noting short-term concerns about investments and slow sales, is a perfect example of why the Nordstrom family wanted to take the retailer private.
By Daphne Howland • July 2, 2018 -
Camping World leans on Gander brand in RV push
The outdoor retailer plans to open 40 new locations in places where it acquired Gander Mountain stores and has not yet pushed into the RV market.
By Daphne Howland • July 2, 2018 -
Nike's 'winning strategy' marks a return to North America
The sportswear giant notched its first sales gain in the area in four quarters, and analysts say a direct-to-consumer strategy is part of the reason for that.
By Daphne Howland • June 29, 2018 -
"H&M Canal City Hakata shop in Canal City Hakata East Building at Fukuoka,Japan" by Nissy-KITAQ is licensed under CC BY-SA 3.0
H&M grapples with $4B in excess clothing
The fast-fashion retailer in recent quarters has been neither fast nor fashionable, as style misses and logistics snafus continue to bloat inventories.
By Daphne Howland • June 29, 2018 -
Pier 1 digs into turnaround plan as sales fall 9.2%
The home goods retailer is working to improve its branding, stores, digital operations and supply chain — exactly what Pier 1 needs to do to catch up.
By Ben Unglesbee • June 28, 2018 -
Amazon to acquire online pharmacy PillPack
The e-tailer said the deal will help it enter the pharmacy space. Experts had warned that barriers to entry were daunting challenges, but acquiring PillPack may solve some of those.
By David Lim • June 28, 2018 -
Bed Bath & Beyond comps fall as coupon craze fades
The home furnishings retailer is losing on price to Amazon and Walmart, but hopes to further establish itself with private label lines.
By Corinne Ruff • June 28, 2018 -
Walgreens tumbles as reality sets in
The drugstore retailer posted healthy top and bottom-line gains, but the front of the store is lacking and could hurt pharmacy sales if foot traffic falls.
By Daphne Howland • June 28, 2018 -
The Container Store unveils 'next generation' store in Dallas
The retailer is inviting shoppers at its remodeled flagship to provide feedback on new merchandising and tech design tools.
By Daphne Howland • June 28, 2018 -
What b8ta has figured out about retail
The startup says it's unearthed a new purpose for brick and mortar. Its Macy's partnership provides a chance to scale but could test the limits of the concept.
By Daphne Howland • June 28, 2018 -
Amazon seeks small businesses to deliver packages
The e-commerce giant is looking to build more capacity in the logistics space and take control of the last mile.
By Shefali Kapadia • June 28, 2018