Financial News: Page 208


  • Walmart muscles strongest sales growth in 10 years

    By nearly all accounts, it was a banner quarter for the retail giant, which reported that e-commerce sales grew 40%.

    By Aug. 16, 2018
  • Best Buy snaps up health services company GreatCall for $800M

    The acquisition may seem far afield for the electronics retailer, but in many ways it was "probably inevitable," according to an analyst.

    By Aug. 16, 2018
  • J.C. Penney wrestles again with inventory, and loses

    The retailer's losses widened and comps barely budged in another lackluster quarter, but executives say they are taking a more focused approach to stocking stores.

    By Aug. 16, 2018
  • Kohl's brings Amazon returns to 21 more stores

    The unlikely partnership has turned out to be a boon for Kohl's, and makes the expensive problem of online returns much more efficient for Amazon.

    By Aug. 16, 2018
  • Deep Dive

    How Walmart rebranded development as an employee benefit

    Learning is no longer optional; it's a must-have component of the employee value proposition.

    By Riia O'Donnell • Aug. 16, 2018
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    Retrieved from Walmart on August 15, 2018
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    Walmart taps Ellen DeGeneres for new fashion line

    The collections from EV1, which stands for "everyone," is meant to be both inclusive and adorable, the talk show host said.

    By Aug. 15, 2018
  • Sears CEO offers $400M to buy Kenmore

    Through his hedge fund, Eddie Lampert made a formal proposal for the appliance brand and the home improvement unit of the Home Services division, which could bring in cash to the ailing retailer and expand the brand's reach. 

    By Aug. 15, 2018
  • 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 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 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 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 Aug. 15, 2018
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    Office Depot
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    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 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 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 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 Aug. 13, 2018
  • A Nike storefront in SoHo
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    Cara Salpini/Retail Dive
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    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 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 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 Aug. 13, 2018
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    Yujin Kim/Retail Dive
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    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 , , Laura Heller , Updated Aug. 15, 2018
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    NeueHouse
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    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 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 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 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 Aug. 9, 2018
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    Bark
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    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 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 Updated March 14, 2019