Financial News: Page
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Avenue taps new brand chief
Despite the opportunities in plus-size apparel, specialty retailers like Avenue have been faltering.
By Daphne Howland • May 17, 2018 -
Overstock launches 17 new private label furniture lines
The new merchandising comes as Overstock works toward selling itself, ideally to an established retailer whose online operations are behind the curve, said founder and CEO Patrick Byrne.
By Daphne Howland • May 17, 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 -
Report: Amazon wraps up visits to 20 HQ2 finalists
Finalists already feel the impact. If it is attractive to Amazon, then it is attractive to other companies. Newark, New Jersey, Philadelphia and Austin, Texas had an increase in inquiries from other companies looking for a base.
By Samantha Schwartz • May 17, 2018 -
Warby Parker rival Eyebobs opens first physical store
The online eyewear retailer is just the latest e-commerce player to look toward brick and mortar for growth.
By Daphne Howland • May 17, 2018 -
Deep Dive
What does Amazon see in Sears?
A recent deal with the e-commerce giant sent Sears' stock price soaring by nearly 20%, but critics are skeptical about whether it will be a saving grace.
By Corinne Ruff • May 16, 2018 -
Retrieved from Walmart on May 16, 2018
Walmart to debut digital Lord & Taylor flagship within weeks
The new fashion web mall will offer up two shops — one for everyday brands and the other for over 125 premium ones.
By Corinne Ruff • May 16, 2018 -
Toys R Us brand property going up for sale
The liquidating toy retailer said more than 60 parties are interested in buying the company's intellectual property.
By Ben Unglesbee • May 16, 2018 -
Macy's thinks it has a 'winning formula' as it crushes in Q1
The retailer blew past analyst expectations for the quarter, giving executives confidence in the department store's turnaround efforts.
By Ben Unglesbee • May 16, 2018 -
Moody's boosts J. Crew on cost cuts and Madewell growth
The retailer's turnaround is gathering steam, but J.Crew needs to bolster its flagship banner, according to Moody's Raya Sokolyanska.
By Daphne Howland • May 16, 2018 -
April retail sales jump 0.4% as e-commerce climbs 9.6% from last year
April continued the year's robust sales despite a cold spring in many parts of the country. But just four retailers are responsible for all the growth, according to Retail Metrics.
By Daphne Howland • May 16, 2018 -
Walmart sourcing executive lands at Target
William Foudy has more than 25 years of experience in the sourcing industry and has led international teams for brands including Adidas and Nike.
By Daphne Howland • May 16, 2018 -
Lord & Taylor names former Macy's, Stitch Fix exec as President
Vanessa LeFebvre most recently spent a year at Stitch Fix and created Macy's Backstage, but will her return to Hudson's Bay help the struggling department store chain?
By Daphne Howland • May 16, 2018 -
Amazon Go stores are reportedly coming to San Francisco and Chicago
As the cashierless concept expands, will the cost of its technology prove to be a barrier?
By Alicia Kelso • May 15, 2018 -
Deep Dive
Nordstrom, Starbucks incidents highlight retail's bias problem
Apologies can only go so far, and a lack of concrete steps to address bias could be particularly damaging for brands that depend on a progressive image and high levels of customer service.
By Corinne Ruff • May 15, 2018 -
A late spring holds back Home Depot
The home improvement retailer will likely make up seasonal sales now that the weather is sunnier, but rising home prices and mortgage rates could hurt later.
By Daphne Howland • May 15, 2018 -
Sears explores sale of Kenmore, other units to CEO's hedge fund
The department store retailer's board has formed a special committee to negotiate asset sales with ESL Investments and potential third-parties.
By Ben Unglesbee • May 15, 2018 -
Marine Layer partners with photo project Lost & Found
Doug Walker spent 10 years tracking down the photographers responsible for images discovered at a California flea market, which inspired the new "Summer Rewind" collection.
By Daphne Howland • May 15, 2018 -
Lowe's now selling Craftsman
The partnership was first announced in October, and comes into effect just as Sears is considering a sale of the Kenmore brand.
By Daphne Howland • May 15, 2018 -
Shoe seller Rockport files for bankruptcy
After a messy separation from Adidas, the brand filed for Chapter 11 with a plan for a private equity firm to take over and possibly keep some stores open.
By Ben Unglesbee • May 14, 2018 -
Target tests more frequent, tailored deliveries to stores
The mass merchant's pilot aims to cut its replenishment cycle from days to hours while reducing overall inventory at stores, especially small-format ones.
By Corinne Ruff • May 14, 2018 -
Toys R Us CEO and other execs leave the company
Management and a majority of the bankrupt toy retailer's employees are set to leave on Monday as business operations wind down.
By Ben Unglesbee • May 14, 2018 -
US specialty apparel retailers can't quit discounts
Pressured by low-price competitors, specialty chains haven't yet been able to break the discount cycle.
By Daphne Howland • May 14, 2018 -
Sephora expands clean beauty label
The specialty beauty retailer broadened the list of "formulated without" ingredients and increased the number of brands sold under the label.
By Cara Salpini • Updated July 15, 2019 -
Gamestop CEO abruptly leaves after just 3 months
Michael Mauler had been a longtime executive at the video game retailer and was a natural choice to lead its ongoing growth strategy. He is now leaving for "personal reasons."
By Daphne Howland • May 14, 2018 -
Deep DiveThe clock is ticking for Ascena
Debt, stores, brands — does the apparel conglomerate have too much of too many things?
By Daphne Howland • May 11, 2018
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