Financial News: Page
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Zara parent aims to sell online everywhere by 2020
CEO Pablo Isla noted that Zara stores are already proving to be instrumental in filling online orders.
By Daphne Howland • Sept. 6, 2018 -
Suistudio expands beyond e-commerce with a global fleet of stores
Suitsupply says it spent the last year perfecting its sister label's market positioning and retail strategy.
By Daphne Howland • Sept. 6, 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 -
Target readies toy expansion ahead of the holidays
The mass merchant is just the latest taking steps to fill the gap opened by the demise of Toys R Us.
By Daphne Howland • Sept. 5, 2018 -
Amazon's stock valuation hits $1T
The e-tailer and tech company is still far behind its primary rivals in terms of profitability, but its explosive growth has wowed investors who show no signs of losing faith in Amazon's future.
By Ben Unglesbee • Sept. 5, 2018 -
RH to stop 'chasing low quality sales'
The home furnishings retailer is staking its fortunes on a dazzling brick-and-mortar concept that prioritizes profits over sales, but that wasn't enough for Wall Street.
By Daphne Howland • Sept. 5, 2018 -
Allbirds takes flight offline with NYC, SF stores
With plans for eight stores across the U.S. this year, including leases in Chicago and Boston, the footwear retailer is making a larger push into brick and mortar.
By Daphne Howland • Sept. 5, 2018 -
Deep Dive
VC money is pouring into e-commerce — but are women getting a fair share?
Last year, female-founded retail businesses raised only about half the funding male founders did. Investors are realizing they may be leaving money on the table.
By Corinne Ruff • Sept. 5, 2018 -
Department stores' fortunes rise as they shun inventory
The sector is reducing inventory and boosting margins, with the notable exception of J.C. Penney, according to a recent Moody's report.
By Ben Unglesbee • Sept. 4, 2018 -
Ulta's e-commerce growth spurt isn't over
The beauty retailer's digital sales surged 37.9% in the quarter and the company is winning over "significant market share," according to CEO Mary Dillon.
By Cara Salpini • Aug. 31, 2018 -
Walmart has big plans to cash in on Toys R Us' demise
The retail giant is planning to expand its toy assortment by 30% in stores and 40% online this holiday season now that there is $1.3 billion in U.S. toy sales up for grabs.
By Ben Unglesbee • Aug. 31, 2018 -
Lululemon plans 40 more stores by year's end
The athletics retailer has corrected its quality and style missteps and under new CEO Calvin McDonald is on its way to becoming a global lifestyle brand.
By Daphne Howland • Aug. 31, 2018 -
Big Lots' new furniture focus boosts sales
A new CEO will arrive next month as the company undertakes new marketing and store concept initiatives.
By Daphne Howland • Aug. 31, 2018 -
Wegmans launches app to assist visually impaired customers
The Rochester, New York-based retailer is the first grocer to debut this technology to help low-vision and blind shoppers navigate stores.
By Lillianna Byington • Aug. 30, 2018 -
Dollar General sales surge 10.6%
With signs of trouble ahead for lower-income consumers, more growth is likely in store.
By Daphne Howland • Aug. 30, 2018 -
Tempur-Pedic denied motion for preliminary injunction against Mattress Firm
The brand's lawsuit claims that the mattress retailer is "copying the look and feel of the entire Tempur-Pedic brand and consumer experience."
By Cara Salpini • Updated Jan. 18, 2019 -
Dollar Tree bets on renovations to boost Family Dollar
The weaker of the discounter's two banners posted sluggish results again, but executives are looking to revive Family Dollar with fresh looks and stable management.
By Ben Unglesbee • Aug. 30, 2018 -
Burlington falls despite strong Q2 top line
Not all off-price retailers are alike, and Burlington is more likely than TJX's banners to face competition from Walmart, which has upped its apparel game.
By Daphne Howland • Aug. 30, 2018 -
Hollister disappoints as execs reiterate brick-and-mortar plan
A same-store sales miss at Abercrombie & Fitch Co.'s lower-priced Hollister brand sent shares down Thursday.
By Daphne Howland • Aug. 30, 2018 -
RetailMeNot hires Amazon exec as new CTO
Vivek Sagi had been head of product and engineering for Amazon Business Procurement Solutions and also previously served as CTO of Amazon's Woot.com electronics marketplace.
By Dan O'Shea • Aug. 30, 2018 -
Ex-Barnes & Noble CEO sues for defamation
Demos Parneros alleged that his firing last month was engineered by founder Leonard Riggio, not long after a buyer for Barnes & Noble backed out of a deal.
By Corinne Ruff • Aug. 29, 2018 -
Dick's blames sales miss on Under Armour
In a slew of tough Q2 results, the athletics retailer missed both net sales and same-store sales estimates, calling out Under Armour's expanded distribution as a factor.
By Cara Salpini • Aug. 29, 2018 -
Kohl's cuts 60 corporate tech jobs
While cutting tech workers, the department store retailer continues to invest in new initiatives including cloud technologies.
By Dan Alaimo • Aug. 29, 2018 -
American Eagle plans 50 to 80 new Aerie stores
If denim sales are under pressure in the market, American Eagle isn't feeling it — and a 27% sales increase at Aerie doesn't hurt either.
By Daphne Howland • Aug. 29, 2018 -
Q&A
Guitar Center's new HR chief on rocking a company culture
The Hollywood-based chain is nearing its 60th birthday, but it's that history that drives employee (and customer) enthusiasm in stores, Anne Buchanan said.
By Ryan Golden • Aug. 29, 2018 -
J. Crew steadies sales ahead of brand revamp
The company says it will close more stores than previously announced as it prepares to launch major style changes to its struggling flagship.
By Daphne Howland • Aug. 29, 2018