Financial News: Page 234
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Lowe's readies for spring with big seasonal hiring boost
Customer service chatbots are also on the hiring roster — a growing trend among retailers.
By Daphne Howland • Jan. 25, 2018 -
4 retailers land on Bloomberg's new global Gender Equality Index
CVS Health, Gap Inc., Kering and Walmart de México all made the cut as the movement toward parity gains momentum.
By Daphne Howland • Jan. 25, 2018 -
Ralph Lauren beefs up digital with new hires
The retailer is bringing back the iconic 1993 Snow Beach collection, with vintage and updated pieces, but can't afford to go backward on e-commerce.
By Daphne Howland • Jan. 24, 2018 -
Toys R Us to shutter 180 stores
As part of a major brick-and-mortar revamp, the company also said it will open a dozen stores, co-brand with Babies R Us and recharge its loyalty program.
By Daphne Howland • Jan. 24, 2018 -
Store closures overshadow strength of physical retail
The contraction in brick-and-mortar retail, especially in apparel, has driven an apocalyptic narrative that doesn't reflect the resiliency of malls and stores, according to consulting firm FGRT.
By Daphne Howland • Jan. 24, 2018 -
New order-to-store system blamed for Whole Foods shortages
Employees told Business Insider the supply program is too stringent and is failing to meet demand.
By Pamela DeLoatch • Jan. 24, 2018 -
Target CEO named chairman of RILA
In his new role, Brian Cornell said he will focus on boosting diversity and innovation in the industry.
By Daphne Howland , Corinne Ruff • Jan. 24, 2018 -
Claire's taps Lazard to deal with debt
The teen accessories retailer has struggled with a debt load since a leveraged buyout by private equity more than a decade ago.
By Daphne Howland • Jan. 23, 2018 -
Deep Dive
Is Lidl still a major threat for American grocers?
The German retailer appears to be struggling out of the gate, leading some observers to say it’s not the adversary it first seemed. But it may be just a matter of time.
By Daphne Howland • Jan. 23, 2018 -
Walmart reportedly seeking buyers in Brazil
Just last year the retail giant was poised to invest millions to reinvigorate sagging operations in the South American country.
By Daphne Howland • Jan. 23, 2018 -
Abercrombie & Fitch lifts guidance, bids farewell to longtime exec
Arthur C. Martinez will leave at the end of the company's fiscal year, at a time when the teen apparel retailer has improved merchandise and stores to drive sales.
By Daphne Howland • Jan. 23, 2018 -
Deep Dive
How Bon-Ton came to the brink of bankruptcy
The department store retailer has been around for more than a century. But as its sales dwindle and debt problems mount, Bon-Ton must convince stakeholders that it's still relevant.
By Ben Unglesbee • Jan. 22, 2018 -
Amazon Go opens to the public
The company has smoothed out glitches in the cashierless store as one of the most anticipated retail concepts in years finally goes live.
By Daphne Howland • Jan. 22, 2018 -
Lowe's counters activist pressure with 3 board appointments
The positions will take effect as the home improvement retailer tries to better differentiate from rival Home Depot.
By Daphne Howland • Jan. 22, 2018 -
Abercrombie & Fitch launches unisex kids line
The retailer's new "Everybody Collection" incorporates popular trends across genders, complete with a single size system.
By Daphne Howland • Jan. 22, 2018 -
Burberry sales slip amid turnaround
The upscale brand is at the "beginning of a multi-year journey" to revamp merchandise, sales channels and image.
By Daphne Howland • Jan. 22, 2018 -
Casper fortifies growth strategy with new CMO
Jeff Brooks, who has 25 years of brand-building experience, will be the retailer's new chief marketing officer.
By Daphne Howland • Jan. 19, 2018 -
Pirch retreats from retail with new membership program
The company was a poster child for today’s brick-and-mortar goals with a highly experiential shopping environment, but has closed most stores and will now rely on the design trade for sales.
By Daphne Howland • Jan. 19, 2018 -
Sears downgraded as it negotiates with lenders
As the department store retailer tries to restructure $1 billion in debt — which could keep Sears out of bankruptcy — analysts with S&P Global expect creditors to get hurt.
By Ben Unglesbee • Jan. 19, 2018 -
Sponsored by StoreMatch
How retailers are avoiding the sixty-million dollar mistake
Retail may be recovering, but not every national brand has been able to keep pace.
By Devin Arnold • Jan. 19, 2018 -
Target touts exclusive fragrance, Umbro partnership
The mass merchant is making good on a promise to amplify exclusive merchandise, part of an ongoing $7 billion plan to jumpstart sales.
By Daphne Howland • Jan. 19, 2018 -
Amazon could be bringing Alexa to healthcare next
A job opening at Amazon may offer hints of a major healthcare initiative involving Alexa, GeekWire reports.
By Dan O'Shea • Jan. 18, 2018 -
Tiffany polishes up outlook on holiday sales rise
Sales in China helped boost the iconic American jeweler, but executives admit there’s more to do.
By Daphne Howland • Jan. 18, 2018 -
Gander Outdoors launches website revamp
The Gander brand is making progress on and offline under new owner Camping World.
By Daphne Howland • Jan. 18, 2018 -
52% of online apparel shoppers turn to Amazon
If retailers and brands can't compete with free shipping or low prices, they need a unique, high quality product, according to a new report.
By Daphne Howland • Jan. 18, 2018