Financial News: Page 234
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Kroger poised to leap-frog over Walmart, Amazon in seamless checkout
In the new year, Amazon and Walmart will have strong competition in cashier-free checkout as Kroger expands its successful "Scan Bag Go" pilot from 25 to 400 stores.
By Daphne Howland • Dec. 28, 2017 -
Home Depot reportedly mulling acquisition of $9B logistics company
XPO provides several retailers, including Amazon, with delivery services, and the home improvement retailer might be playing defense with the possible acquisition.
By Daphne Howland • Dec. 27, 2017 -
Home Depot buys The Company Store
The deal, for an undisclosed amount, could extend Home Depot's reach into home goods and grow e-commerce.
By Daphne Howland • Dec. 22, 2017 -
Nike to partner with Stitch Fix, expand Amazon tie-up
The athletic brand continues to struggle in North America but is banking on new products and concepts to make all the difference.
By Daphne Howland • Dec. 22, 2017 -
Women bear the brunt of the 'retail apocalypse'
Women have seen greater losses, and men have seen greater gains, when it comes to retail jobs, according to a new analysis of labor data.
By Daphne Howland • Dec. 22, 2017 -
Bed Bath & Beyond bests all expectations
But shares dropped more than 10% Thursday as investors worried the retailer would have a weak holiday season.
By Daphne Howland • Dec. 22, 2017 -
Albertsons testing new small-format store
Now that it's back in the fuel center business, the retailer is able to capitalize on the fresh-focused, grab-and-go convenience these smaller formats can offer.
By Jeff Wells • Dec. 22, 2017 -
JD.com planning hundreds of unmanned stores
In the race toward automated stores, China's e-commerce titan could get the jump on Amazon, according to new reports.
By Dan O'Shea • Dec. 21, 2017 -
Target expanding urban footprint with new Chicago store
The new location will anchor an apartment complex and be among 100 stores in urban areas the mass merchant plans to open in coming years.
By Daphne Howland • Dec. 21, 2017 -
Stitch Fix Q1 was 'not the blowout quarter the bulls were hoping for'
Shares plummeted after the company's first post-IPO earnings report as executives justified spending and declared that premium brands won't be a focus going forward.
By Daphne Howland • Dec. 21, 2017 -
Amazon's Apple TV app breaks record for most launch-week downloads
The truce gives both companies a holiday boost, with big consumer demand for Amazon's new Apple TV app and for Apple TV products being sold on Amazon.
By Dan O'Shea • Dec. 21, 2017 -
Walmart reportedly testing Amazon Go-like store, personal shopping service
Incubated startups at the big-box retailer appear to be chasing younger, wealthier customers with shopping and delivery initiatives that depart from its traditional brick-and-mortar foundation.
By Daphne Howland • Dec. 21, 2017 -
Deep Dive
How Toys R Us is letting Target and Amazon steal Christmas
The bankrupt toy seller is losing the pricing game and reportedly readying another round of store closures. Toys R Us is facing its biggest challenge yet.
By Ben Unglesbee • Dec. 21, 2017 -
Deep Dive
The retail winners and losers of 2017
Here are the companies, technologies and trends that soared or sank in 2017.
By Corinne Ruff • Dec. 20, 2017 -
Citi analysts: Walmart 'emerging as a true challenger to Amazon'
Despite the big-box retailer's e-commerce growth, some argue Walmart is sitting on a massive liability — excess space.
By Daphne Howland • Dec. 20, 2017 -
Deep Dive
Will Walmart woo holiday procrastinators with in-store pickup?
While the big-box retailer can't compete with Amazon's last-minute delivery, it does have one major advantage — over 4,750 stores. But is that enough?
By Corinne Ruff • Dec. 20, 2017 -
Macy's taps former Walmart exec for new digital role
Jill Ramsey has more than two decades of e-commerce experience and is tasked with connecting the digital and physical stores.
By Daphne Howland • Dec. 20, 2017 -
Bon-Ton misses $14M interest payment, restructuring could follow
S&P analysts downgraded the department store retailer to default levels, writing that that a debt restructuring, either through bankruptcy or out of court, was "likely" in the near future.
By Ben Unglesbee • Dec. 20, 2017 -
Has Amazon Prime peaked?
The reach of the e-commerce giant's membership program is unknown, but there are signs that Prime's growth is slowing down.
By Daphne Howland • Dec. 20, 2017 -
John Lewis Partnership elevates company veteran to CIO
In a year of shuffling retail CIOs and CTOs, the U.K. operator of John Lewis and Waitrose stores is promoting Andrew Murphy to guide tech strategy.
By Dan O'Shea • Dec. 19, 2017 -
Ikea flaunts VR experience at Dallas store opening
Roughly 300 customers used the immersive tech to view furniture, play games and learn about the brand's sustainability and design.
By David Kirkpatrick • Dec. 19, 2017 -
Foot Locker returns to its roots with new West Coast flagship
The athletic shoe retailer is under pressure as sporty styles give way to more urban fashion, particularly with younger shoppers.
By Daphne Howland • Dec. 19, 2017 -
Meijer completes its latest round of fresh remodels
The Midwest retailer has remodeled more than a quarter of its 235 stores over the past two years, including a flagship store in Rockford, MI that it'll use to test innovations and improvements.
By Pamela DeLoatch • Dec. 19, 2017 -
Refill required: CVS CIO steps down
Stephen Gold oversaw the creation of an innovation lab, a data analytics-driven clinical advice engine and various digital tools during his five years with the company.
By Alex Hickey • Dec. 18, 2017 -
Amazon activity in Atlanta sparks HQ2 speculation
A lobbyist for the online retailer has registered in Georgia, sparking speculation that the capital city could be the company's choice for its much-vaunted second headquarters.
By Daphne Howland • Dec. 18, 2017