Financial News: Page 215


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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    J.C. Penney downgraded as uncertainty looms over 2018

    Moody's and S&P lowered the company's credit rating after another poor performance and questions over the retailer's direction since Marvin Ellison's departure. 

    By Aug. 20, 2018
  • Claire's lender readies $1.5B bid for the bankrupt retailer

    Oaktree Capital Management is putting its money where its mouth is by bidding on the retailer, an indication lenders see a future for the teen retailer.

    By Aug. 20, 2018
  • Planet Fitness eyes malls for ongoing expansion

    As landlords scramble to fill space left empty by traditional retailers, a mix of businesses are coming to the rescue.

    By Aug. 20, 2018
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    Getty Images
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    Chicago Tribune: Google readying first retail store

    The tech giant has experimented with pop-ups, but its widening array of devices makes brick-and-mortar retail an imperative if it's to take on Amazon.

    By Aug. 17, 2018
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    Montgomery County Planning Commission
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    Nordstrom reclaims the spotlight with 4% leap in comps

    The department store retailer has righted its merchandise mix and protected margins both on and offline.

    By Aug. 17, 2018
  • Alexa-Cortana voice integration speaks its first words

    In an increasingly competitive space, the two tech giants just took a big step toward bolstering their competitive positions with an Alexa-Cortana collaboration.

    By Aug. 16, 2018
  • 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