Financial News: Page 206
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Macy's rebound slows in second quarter
The department store's second quarter isn't quite as bad as it looks, but many stores still lack investment, which could lead to more closures.
By Daphne Howland • Aug. 15, 2018 -
Deep Dive
Why a lawsuit against Nike could change everything — or nothing
The athletics retailer has been in the spotlight since March for sexual misconduct allegations, but having a strong brand could protect it from any lasting damage.
By Cara Salpini • Aug. 15, 2018 -
Destination Maternity loses CFO amid executive turmoil
The struggling apparel retailer has had trouble keeping executives around, with a revolving door in the CEO spot and a tough turnaround underway.
By Daphne Howland • Aug. 15, 2018 -
July retail sales rose 0.6%
But household debt is on the rise, spelling trouble for consumer spending, according to a report from the New York Fed.
By Daphne Howland • Aug. 15, 2018 -
Office Depot tests co-working space in 'Workonomy' expansion
Business services are now front and center for Office Depot and rival Staples as office supplies sales recede.
By Daphne Howland • Aug. 14, 2018 -
Kate Spade begins to pay off for Tapestry
The repositioning of the Kate Spade brand follows in the successful footsteps of the company's Coach renaissance.
By Daphne Howland • Aug. 14, 2018 -
Home Depot rebounds from dampened spring sales
The home improvement retailer is at the mercy of various external forces, but its advantage is that it remains top of mind for consumers.
By Daphne Howland • Aug. 14, 2018 -
Is there life after VF Corp for Lee and Wrangler?
With high-performance athleisure on the rise, spinning off a sluggish denim business seems like an obvious move. But the company may be missing an opportunity for innovation.
By Daphne Howland • Aug. 13, 2018 -
Nike's female employees are 'devalued and demeaned,' new lawsuit claims
Two former employees have filed a suit saying they were paid less than male counterparts and that sexual harassment claims were ignored or mishandled.
By Cara Salpini • Aug. 13, 2018 -
BCBG opens concept in Soho a year after exiting bankruptcy
Marquee Brands bought most of the brand's assets out of bankruptcy for an undisclosed amount just over a year ago.
By Daphne Howland • Aug. 13, 2018 -
NRF raises 2018 retail sales forecast
The trade group, however, warned that tariffs could upend benefits that higher wages and a strong job market have delivered so far this year.
By Daphne Howland • Aug. 13, 2018 -
Deep Dive
10 Amazon myths examined
The e-commerce giant has a reputation as the retail bogeyman, but which tales are true and which ones are exaggerated?
By Corinne Ruff , Ben Unglesbee , Laura Heller , Cara Salpini • Updated Aug. 15, 2018 -
Coworking spaces may be the answer to retailers' foot traffic problem
Flexible coworking spaces will grow to 30% of all office stock by 2030, according to a new report from commercial real estate firm JLL.
By Daphne Howland • Aug. 13, 2018 -
VF to spin off denim business
The brand conglomerate continues to pull various levers to respond to intense pressure to right its portfolio for optimal growth.
By Daphne Howland • Aug. 13, 2018 -
JCP fills baby store void with 500 shops
The struggling retailer said that locations for the shop-in-shops were picked because most are near a specialty baby retailer that recently closed, presumably Babies R Us.
By Daphne Howland • Aug. 10, 2018 -
Adidas climbs higher as Nike comeback looms
Revenues at the athletics retailer rose 12% after a strong performance at the World Cup.
By Daphne Howland • Aug. 9, 2018 -
Bark hoping for a bite at Urban Outfitters
The pet supplies retailer inks its second partnership with a national brick-and-mortar retailer, a year after tying up with Target.
By Daphne Howland • Aug. 9, 2018 -
Samuels Jewelers seeks liquidation
Despite hopes for a sale that could have kept the business going, the 125-year-old jeweler asked the court to convert its Chapter 11 status into a Chapter 7.
By Daphne Howland • Updated March 14, 2019 -
Aldi gets fresher, expanding organic and convenient assortment
As its growth initiative continues, 20% of the hard discounter's product assortment will be new, featuring items like meal starters, grab-and-go drinks and marinated meats.
By Jeff Wells • Aug. 9, 2018 -
Iconix brand conglomerate reviewing debt
The brand's portfolio is vulnerable to the whims and fortunes of its partners and recent retailer moves have helped send shares to under a dollar.
By Daphne Howland • Aug. 9, 2018 -
Casper to open 200 stores across North America
The pure-play e-tailer is vastly and rapidly expanding its brick-and-mortar footprint as traditional mattress sellers suffer.
By Daphne Howland • Aug. 9, 2018 -
Albertsons and Rite Aid cancel merger amid shareholder opposition
The $24 billion deal was criticized as undervaluing the drug store chain, with the owner of Safeway and its namesake chain unwilling to raise its offer.
By Jeff Wells • Aug. 9, 2018 -
Whole Foods launches curbside pickup for Prime members
The service, available in Sacramento and Virginia Beach, will allow shoppers to pick up groceries ordered via the Prime Now app.
By Krishna Thakker • Aug. 8, 2018 -
CVS retail sales suffer amid shift to healthcare
The retailer, which is awaiting approval of its merger with health insurer Aetna, stoked revenue despite lower sales in the front of its stores.
By Daphne Howland • Aug. 8, 2018 -
Jimmy Choo kicks up Michael Kors revenue
The brand appears to be gaining in its turnaround after over-saturating malls and department stores with discounted merchandise.
By Daphne Howland • Aug. 8, 2018