Financial News: Page


  • TJX sales up 12% on 16th straight quarter of traffic increases

    The off-price retailer is living out a department store's dream, in which e-commerce doesn't matter much at all, and a steady stream of young customers are filing through the doors.

    By Aug. 21, 2018
  • Kohl's posts 4th successive revenue beat

    Through initiatives in supply chain, loyalty and merchandising, the company has positioned itself to grab market share from rivals like J.C. Penney.

    By Aug. 21, 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
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    JCP
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    J.C. Penney scores Big & Tall assist from Shaquille O'Neal

    The retailer is putting up mostly air balls in apparel, but its new partnership could be a slam dunk as it grasps for a competitive advantage. 

    By Aug. 21, 2018
  • Luxury marketplace Farfetch files IPO

    The move is no big surprise and perhaps an absolute necessity for the marketplace as it aims to reach the next level.

    By Aug. 20, 2018
  • Walmart, Anthem partner on Medicare program

    Various tie-ups between healthcare companies and retailers continue to emerge, with Walmart planning to offer discounts on over-the-counter medicines for certain Anthem customers.

    By Aug. 20, 2018
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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