Financial News: Page
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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 Daphne Howland • Aug. 13, 2018 -
Cara Salpini/Retail Dive
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 Cara Salpini • Aug. 13, 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 -
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 Daphne Howland • 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 Daphne Howland • Aug. 13, 2018 -
Yujin Kim/Retail Dive
Deep Dive10 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 Corinne Ruff , Ben Unglesbee , Laura Heller , Cara Salpini • Updated Aug. 15, 2018 -
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 Daphne Howland • 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 Daphne Howland • 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 Daphne Howland • 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 Daphne Howland • Aug. 9, 2018 -
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 Daphne Howland • 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 Daphne Howland • Updated March 14, 2019 -
Aldi gets fresher, expanding organic and convenient assortment
As its growth initiative continues, 20% of the hard discounter's product assortment will be new, featuring items like meal starters, grab-and-go drinks and marinated meats.
By Jeff Wells • Aug. 9, 2018 -
Iconix brand conglomerate reviewing debt
The brand's portfolio is vulnerable to the whims and fortunes of its partners and recent retailer moves have helped send shares to under a dollar.
By Daphne Howland • Aug. 9, 2018 -
Courtesy of Casper
Casper to open 200 stores across North America
The pure-play e-tailer is vastly and rapidly expanding its brick-and-mortar footprint as traditional mattress sellers suffer.
By Daphne Howland • Aug. 9, 2018 -
Albertsons and Rite Aid cancel merger amid shareholder opposition
The $24 billion deal was criticized as undervaluing the drug store chain, with the owner of Safeway and its namesake chain unwilling to raise its offer.
By Jeff Wells • Aug. 9, 2018 -
Whole Foods launches curbside pickup for Prime members
The service, available in Sacramento and Virginia Beach, will allow shoppers to pick up groceries ordered via the Prime Now app.
By Krishna Thakker • Aug. 8, 2018 -
Bruce Bennett via Getty Images
CVS retail sales suffer amid shift to healthcare
The retailer, which is awaiting approval of its merger with health insurer Aetna, stoked revenue despite lower sales in the front of its stores.
By Daphne Howland • Aug. 8, 2018 -
Jimmy Choo kicks up Michael Kors revenue
The brand appears to be gaining in its turnaround after over-saturating malls and department stores with discounted merchandise.
By Daphne Howland • Aug. 8, 2018 -
Petco partners with Canadian Tire
The move into Canada is the latest in Petco's growth playbook in a highly competitive market.
By Daphne Howland • Aug. 8, 2018 -
Walmart is now selling Gobble meal kits on its website
The retailer has added the 15-minute, one-pan offerings to an assortment that includes both online and in-store options.
By Patti Zarling • Aug. 7, 2018 -
Office Depot's back-to-business approach pays off
The company still runs some 1,400 stores, but it's letting go of a consumer retail focus as Amazon continues to grab those sales.
By Daphne Howland • Aug. 7, 2018 -
Mattress Firm reportedly mulling bankruptcy
The company runs a whopping 3,000 stores in the U.S. at a time when mattress sales are moving online.
By Daphne Howland • Aug. 7, 2018 -
Tariff talk could 'rattle retail,' Moody's says
Even without the worry of tariffs, the healthy U.S. economy hasn't reached all retailers, according to a new report from the financial services company.
By Daphne Howland • Aug. 7, 2018 -
National Stores and Gump's file for bankruptcy
While the owner of discount chain Fallas is planning to restructure, the fate of the San Francisco regional department store is less clear.
By Daphne Howland • Aug. 7, 2018 -
Etsy banks on price hikes for continued growth
Gross merchandise sales jumped 20% over last year as the marketplace begins to turn things around under CEO Josh Silverman
By Daphne Howland • Aug. 7, 2018
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