Financial News: Page
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Subscription marketplace Cratejoy downsizes
Customer retention remains a sticky problem for subscription services, although Amazon has expanded its own curated boxes.
By Daphne Howland • Oct. 5, 2018 -
Sears closing more stores just ahead of the holidays
As yet more Sears and Kmart stores shutter, the company is gradually running through assets to leverage, not to mention the source of much-needed sales.
By Daphne Howland • Oct. 5, 2018 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Deep Dive
Here's who is making moves in 2018 holiday hiring
As the season unfolds, we're making a list (and checking it twice) of who is hiring and how it stacks up against last year's strong holiday season. Here's a look at holiday staffing so far.
By Ben Unglesbee • Updated Oct. 19, 2018 -
Mattress Firm files Ch. 11, plans 700 store closures
Days after rumors broke, the mattress player filed for bankruptcy, citing ineffective marketing, insufficient high-end sales and changes to key suppliers.
By Cara Salpini • Oct. 5, 2018 -
Mall vacancy rate hits 7-year high
Non-retail tenants are coming in to save some malls, but retailers still need to correct the oversaturated landscape.
By Daphne Howland • Oct. 5, 2018 -
Costco's winning streak continues as e-commerce grows
Even as the membership retailer's e-commerce business grows, it doesn't see digital sales overtaking brick and mortar.
By Daphne Howland • Oct. 5, 2018 -
Barnes & Noble pages through strategic options, including a sale
The bookseller noted multiple parties have expressed interest. Some industry experts say going private is the company's best bet to turnaround the business.
By Corinne Ruff • Oct. 4, 2018 -
Birchbox to give Walgreens a beauty facelift
Starting in December and early next year, the beauty subscription brand will launch sales at 11 Walgreens stores in six major markets.
By Daphne Howland • Oct. 4, 2018 -
Barry haynes [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
VF selling Reef beach footwear brand
The company continues to sharpen its focus by ejecting yet another brand from its portfolio.
By Daphne Howland • Oct. 4, 2018 -
Mattress Firm reportedly preparing to file for bankruptcy
The mattress retailer is looking to shed stores and could file as soon as this week, according to a Reuters report.
By Cara Salpini • Oct. 4, 2018 -
How Eloquii fits into Walmart's quest for upscale growth
The women's plus-size apparel business is the latest digitally native brand to join the ranks of Walmart's portfolio. And it offers a slice of a $21 billion market.
By Corinne Ruff • Oct. 3, 2018 -
Toys R Us cancels IP auction, leaving brand property for its backers
The toy retailer said this summer around 115 parties showed interest in its IP — but apparently none of them brought enough cash to the table.
By Ben Unglesbee • Oct. 3, 2018 -
Justice launches entertainment arm
The most successful brand in Ascena Retail Group is taking full advantage of its strong loyalty from young shoppers and their parents.
By Daphne Howland • Oct. 3, 2018 -
J.C. Penney taps former Joann chief as CEO
After a shakeup in executive staff, the department store has turned to merchandising veteran Jill Soltau to lead it out of the doldrums.
By Daphne Howland • Oct. 3, 2018 -
Ross to settle $4.9M lawsuit over 'deceptive' price tags
It's getting harder for off-price retailers to stock big name brands, making "compare to" pricing fraught.
By Daphne Howland • Oct. 3, 2018 -
How big is Amazon's wage increase?
The e-commerce giant has previously been criticized for poor working conditions and low wages, but its hourly pay is now above even Costco's.
By Daphne Howland • Oct. 3, 2018 -
Retrieved from Walmart on October 02, 2018
Walmart buys Eloquii for undisclosed amount
The deal is expected to close within the quarter, according to company materials provided to Retail Dive.
By Corinne Ruff • Updated Oct. 2, 2018 -
Amazon to boost minimum wage to $15 an hour for all employees
The announcement impacts all of the company's full-time, part-time, seasonal and temporary employees in the U.S., including those hired by agencies.
By Ryan Golden • Oct. 2, 2018 -
Courtesy of Birkenstock
Birkenstock opens first US store in NYC's SoHo
The new store demonstrates the enduring appeal of New York's historic shopping district in particular and of brick-and-mortar locations in general.
By Daphne Howland • Oct. 2, 2018 -
Stitch Fix expands to the UK, faces 'slight hiccup' at home
Shares of the online apparel box service fell more than 20% after earnings fell short of Wall Street's estimates.
By Daphne Howland • Oct. 2, 2018 -
Toys R Us owners announce $20M employee fund
The move follows months of activists' efforts to win severance for the toy retailer's employees let go after Toys R Us liquidated its stores in bankruptcy.
By Ben Unglesbee • Updated Nov. 21, 2018 -
Retrieved from Target on October 01, 2018
Target private label collection spotlights women leaders
The company's latest partnership features Vital Voices, a non-profit organization that promotes the work of female leaders.
By Corinne Ruff • Oct. 1, 2018 -
Michaels expanding toy assortment
The crafts retailer joins several others in working to fill a void opened by the collapse of Toys R Us.
By Daphne Howland • Oct. 1, 2018 -
Chanel acquires British swim brand Orlebar Brown
The luxury brand, which is in the midst of streamlining operations, is tapping a digital success story to fuel synergies and expansions.
By Daphne Howland • Oct. 1, 2018 -
Deep Dive
The faultlines in retail real estate
The American retail landscape is different now: malls are losing anchors and big boxes are in decline. But e-commerce is hardly the only reason.
By Daphne Howland • Oct. 1, 2018
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