Financial News: Page 229


  • Harry's reportedly won't renew lease on NYC Corner Shop

    Letting the quaint barbershop go may be more a sign of the brand's ambition than soft demand for its products.

    By Feb. 27, 2018
  • Nordstrom deepens ties with fashion blogger Arielle Charnas

    A new brand launching this fall takes its name from Charnas' "Something Navy" blog and follows a successful capsule collection three years ago.

    By Feb. 27, 2018
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    Sam's Club
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    Taking the fight to Amazon, Sam's Club partners with Instacart

    The partnership increases the club retailer's e-commerce footprint as it refocuses in the wake of 63 store closures.

    By Cathy Siegner • Feb. 26, 2018
  • 99 cents only store, 99 cents store, dollar store
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    (2007). Retrieved from Wikimedia Commons.
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    99 Cents Only names new CEO

    Chief Merchandising Officer and former Walmart grocery head Jack Sinclair has taken over for retiring Geoffrey Covert.

    By Feb. 26, 2018
  • Aeon, SoftBank, Yahoo Japan reportedly tee up partnership

    Three major Japanese retail companies may align to defend their turf from Amazon.

    By Feb. 26, 2018
  • Shoptalk launches VC program for retail tech startups

    The retail tech conference producer partnered with Commerce Ventures in a new venture capital program for retail and e-commerce technology startups.

    By Feb. 26, 2018
  • Nordstrom family reportedly near take-private offer

    Wall Street's retail jitters killed go-private talks last year, but now the group wanting to buyout the upscale department store is close to finalizing and presenting its offer, Reuters reports. 

    By Feb. 26, 2018
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    Getty Images
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    Opinion

    Walmart hits an e-commerce road bump. What's next?

    The retailer's recent news does not bode well for the Doug McMillon and Marc Lore relationship, nor the larger industry, writes Christopher Walton, former vice president of Target's Store of the Future.

    By Christopher Walton • Feb. 26, 2018
  • JD extends physical presence in China with new investment

    The e-tailer has purchased a stake in the Better Life chain as it jockeys with Alibaba for the hearts, minds and wallets of Chinese consumers. 

    By Feb. 26, 2018
  • J. Crew stores to feature Madewell shop-in-shops

    The struggling retailer has been leaning on the smaller brand, and could be forging a closer tie between the two to reinvigorate sales at the flagship.

    By Feb. 26, 2018
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    Batteries Plus Bulbs
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    Batteries Plus Bulbs plans 50-store expansion

    The retailer is leaving wow factors like virtual reality behind, staking the past 29 years of growth on the idea that customers want to get what they need quickly and easily.

    By Feb. 23, 2018
  • Target debuts Cat & Jack baby box subscription service

    These days nearly everyone is getting into the subscription game, and it's Target's turn to play with one of its most popular private label brands.

    By Feb. 23, 2018
  • Lowe's launches employee pre-apprenticeship program

    The home improvement retailer is testing the "Track to the Trades" program in four cities and plans to expand nationwide later this year.

    By Feb. 23, 2018
  • Wayfair sales rise 48%, but losses widen

    The online furniture seller is grabbing market share, but profits remain elusive and shares sank 23%.

    By Feb. 23, 2018
  • Amazon Go reportedly plotting 6 more stores

    After just a month open to the public, the early success of the cashier-less concept may spur more locations in Seattle and Los Angeles, sources told Recode.

    By Feb. 22, 2018
  • Deep Dive

    Toys R Us could close more stores or liquidate

    The toy retailer needed a win over the holidays, but missed — big time. Now, the company is reportedly mulling hundreds more store closures and is at risk of shutting down entirely. 

    By Feb. 22, 2018
  • Indochino to open 4 new stores this spring

    The Canadian bespoke menswear company began in 2015 as a pure-play e-commerce retailer and has opened physical showrooms across North America since then.

    By Feb. 22, 2018
  • Macy's is making merchandising strides in key apparel categories

    The department store retailer is working to keep prices consistent, and is beating rivals to the punch in sub-categories like maternity and plus size, according to new research.

    By Feb. 22, 2018
  • Target debuts 'eclectic' home brand Opalhouse

    The big-box retailer is doubling down on what it has always done best — curated fashionable styles that don't break the bank — and private label is key.

    By Feb. 21, 2018
  • Tops Markets files for Chapter 11

    A large debt load and increasing competition from the likes of Amazon and Walmart set the table for bankruptcy protection.

    By Jeff Wells • Feb. 21, 2018
  • Deep Dive

    Circuit City reboots online, but can it plug into the market?

    The brand relaunched last week as an online-only operation, for now. But analysts are skeptical it will have the service model needed to differentiate from market leaders Best Buy and Amazon. 

    By Feb. 21, 2018
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    Most retail employees receive no real training

    Only a third of workers are provided formal training, and many of those don't find it improves their work or engagement very much, according to a recent study.

    By Feb. 21, 2018
  • Guess co-founder to step down during board investigation

    Paul Marciano won't be paid while a special committee of the board, with the help of lawyers, investigates accusations against him.

    By Feb. 21, 2018
  • Home Depot poised to build on holiday boost

    The home improvement retailer sold more decorations and accessories thanks to improved marketing and in-store execution, and analysts have high expectations for the year.  

    By Feb. 21, 2018
  • Headington buys another high-concept retailer

    The Texas-based developer is doubling down on upscale, unique stores with its acquisition of Tenoversix, which sells curated apparel, home goods and art.

    By Feb. 21, 2018