Financial News: Page 227


  • Deep Dive

    Can Amazon and its marketplace rivals fix their counterfeits problem?

    Counterfeiting could soon be a $1 trillion criminal enterprise. As fakes proliferate online, the government is taking notice and brands are taking their arguments public — and to court.

    By April 9, 2018
  • Nine West wins $300M bankruptcy loan and a bid for flagship brand

    Authentic Brands, which recently picked up Nautica, has offered $200 million for Nine West's flagship intellectual property, while the remaining business would be taken over by lenders. 

    By April 9, 2018
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    Deep Dive

    What the online tax debate means for Amazon marketplace sellers

    As the U.S. Supreme Court prepares to hear oral arguments in the case, sellers on the e-commerce marketplace fear there may be implications.

    By April 9, 2018
  • Levi's hits LVMH-owned Kenzo with trademark lawsuit

    The iconic jeans maker said that Kenzo's new Britney Spears collection in particular is a violation of a trademark it has owned for over a century.

    By April 9, 2018
  • Retail jobs slump in March

    The industry is still leading all sectors in job cuts, with 56,526 so far this year, according to labor report from Challenger, Gray & Christmas.

    By April 9, 2018
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    UPDATE: 'This is what a trade war looks like' NRF says

    President Donald Trump on Thursday escalated tensions with China by saying the U.S. would consider additional tariffs on $100 billion of Chinese goods.  

    By April 6, 2018
  • UPDATE: Nine West files for bankruptcy

    The women's shoe and fashion retailer had been preparing a plan with creditors that would sell its namesake brand property to Authentic Brands, Reuters reported. 

    By April 6, 2018
  • Anthropologie chief to depart Urban Outfitters

    Hillary Super and Andrew Carnie will take over for David McCreight, who is leaving the brand after six years.

    By April 6, 2018
  • Amazon adding new fulfillment center in Las Vegas

    The 1,000 full-time workers to be employed there will likely be working beside robots as Amazon seeks to make its fulfillment operations more efficient.

    By April 6, 2018
  • Target settles background check lawsuit for $3.7M

    The retailer has revamped a hiring process found to disproportionately hurt African-American and Latino job applicants.

    By April 6, 2018
  • Sally Beauty slashes undisclosed number of HQ jobs

    Savings from cost-cutting initiatives will be reinvested into "market-competitive store wages," technology to improve the customer experience and e-commerce growth, the company said. 

    By April 5, 2018
  • Deep Dive

    Is Walmart poised to disrupt healthcare before Amazon?

    The retail giant already has a strong track record in pharmacy sales and medical care, but experts wonder if it can really make an impact. 

    By April 5, 2018
  • Opinion

    In the Toys R Us void, toy makers should target grocery

    As the massive toy retailer winds down, producers can fill the gaps in their profit-and-loss statements by targeting supermarkets, writes Tim Hall, CEO of research firm Simporter and former Hasbro executive.

    By Tim Hall • April 5, 2018
  • Nike 'failing to gain traction' in diversity hires

    The athleticwear giant is working through some issues in order to square its reality with brand identity, experts say.

    By April 5, 2018
  • Macy's longtime CFO to retire

    Karen Hoguet has spent 36 years with Macy's, 20 as its CFO, and has been there "for good times and bad," said CEO Jeff Gennette. 

    By April 5, 2018
  • Apple poaches Google AI chief

    The tech giant has hired John Giannandrea away from its rival, which could boost Apple's Siri in the race for better voice assistant technology. 

    By April 5, 2018
  • Century 21 opens concept store on Staten Island

    The Staten Island project is a twist on the iconic off-price retailer's high-end offering in New York.

    By April 4, 2018
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    Tractor Supply: Kathy Miller, One Shot Photography
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    Tractor Supply Co opens 1,700th store

    The "rural lifestyle" retailer is among those actually peppering the landscape with more stores.

    By April 4, 2018
  • Neiman Marcus Group taps new CFO

    Adam Orvos has a significant amount of retail experience, particularly at department stores, and takes on a spot that's had a swiftly revolving door.

    By April 4, 2018
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    Retrieved from Target on April 03, 2018
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    Target plans more small-format stores in NYC, Chicago

    The locations are part of an ongoing plan to construct 130 small-format stores by the end of 2019 in urban, suburban and college campus areas.

    By April 3, 2018
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    BarkBox
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    Deep Dive

    The bite in BarkBox's retail gameplan

    Pet retail is growing, and much of that newfound strength is coming from startups with data-driven personalization and customer service at their cores.

    By April 3, 2018
  • Toys R Us shuts down e-commerce operations

    The bankrupt toy retailer is no longer open for business online and is instead redirecting customers to its closeout sales at stores — which themselves are provoking some grumbling. 

    By April 3, 2018
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    Retrieved from Walmart on March 21, 2018
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    Walmart reportedly mulling acquisition of pharmacy startup PillPack

    The retail giant also announced the launch of a new money transfer service through Moneygram that allows customers to send funds to 200 countries.

    By April 3, 2018
  • Walmart debuts small-format store in China

    Most everything in the new store can also be found on JD.com for fast delivery, and will challenge local supermarkets on price.

    By April 3, 2018
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    Raysonho. (2016). "Saks Fifth Avenue in Toronto" [photograph]. Retrieved from Wikimedia Commons.
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    Hudson's Bay data breach among 'most damaging' in retail

    The department store retailer's Saks and Lord & Taylor stores were hit with a massive security breach in their point-of-sale systems, adding to the company's ongoing woes.

    By April 2, 2018