Financial News: Page


  • Amazon reportedly forms Alexa health team

    The e-commerce giant continues to expand on the applications for AI and smart devices within the home. 

    By David Lim • May 11, 2018
  • Costco posts robust 43% e-commerce jump in April

    Although grocery makes up a small percentage of the company’s online business, the wholesaler continues to see strong results from its Instacart partnership as well as its own two-day service.

    By Jeff Wells • May 11, 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
  • Macy's may not be closing stores 'fast enough'

    In a new report, Morgan Stanley analysts downgraded the department store retailer, praised off-pricers and said that retailers spending on e-commerce will see fewer gains. 

    By May 11, 2018
  • Image attribution tooltip
    Boon Supply Co
    Image attribution tooltip

    Boon Supply debuts 'buy to do good' e-commerce site

    Serena & Lily founder Lily Kanter is combining her passion for home goods retail and doing good into one e-commerce site.

    By May 11, 2018
  • Overstock still looking to spin off e-commerce business

    CEO Patrick Byrne says an established retailer with strong brick-and-mortar and weak e-commerce would be the ideal suitor.

    By May 11, 2018
  • Famous Footwear taps Disney executive

    Molly Adams arrives at footwear and apparel company Caleres' biggest banner at a time when it's poised for growth.

    By May 11, 2018
  • The Children's Place poised to win after Toys R Us liquidation

    An analyst with B. Riley FBR thinks the children's apparel retailer and rival Carter's are poised to grab market share as the bankrupt retailer winds down.

    By May 10, 2018
  • Sears extends partnership with Amazon as 'transformation continues'

    "The reality is, transformation is an ongoing process and we are not done," said CEO Eddie Lampert.

    By Laura Heller • May 9, 2018
  • Nordstrom exec flies to St. Louis to apologize for racial profiling incident

    Similar events have thrown retailers like Starbucks into the spotlight in recent weeks while some question whether employee training programs are doing enough to counter racial bias.

    By May 9, 2018
  • Lord & Taylor parent reportedly hires advisers to revive ailing chain

    Reuters reports that Hudson's Bay has brought in a consulting firm and investment bank to cut costs, make improvements — or perhaps even sell the business.

    By May 9, 2018
  • Walmart's Uber and Lyft partnerships end

    Uber is pulling back on its delivery service, while a test with Lyft in the Denver market failed to take off.

    By Jeff Wells • May 9, 2018
  • Kohl's benefits from Amazon's in-store presence

    The tie-up announced last year alarmed some analysts, but early results suggest it's giving the discount department store exactly what it wanted.

    By May 9, 2018
  • External shot of an Office Depot store.
    Image attribution tooltip
    Courtesy of Office Dept
    Image attribution tooltip

    Office Depot quarterly profit drops 65%

    The office supplies retailer is shifting its core strategy from store sales to business services, the latter of which now accounts for 60% of total sales.

    By May 9, 2018
  • Duluth Trading aiming for 100 stores in 5 years

    The company has gone from being mostly a catalog retailer to 34 stores in two years — and expansion plans don't stop there.

    By May 9, 2018
  • Camping World acquisitions are building a '360-degree' business

    The company remains in expansion mode, announcing five acquisitions this quarter, with more to come.

    By May 9, 2018
  • Nike exodus continues as 4 more execs leave

    The news of more executive departures, including the director of sports marketing and the company's head of running, overshadows recent efforts to improve the company image.

    By , Updated May 9, 2018
  • CVS snaps up Fred's specialty pharmacy unit for $40M

    The news comes just one week after Fred's announced it would pursue a sale of the business.

    By Updated May 8, 2018
  • How much upside is left for department stores?

    Analysts with Deutsche Bank see the sector as "structurally challenged" and their report sent stocks falling. 

    By May 8, 2018
  • Image attribution tooltip
    Retrieved from Amazon on July 11, 2017
    Image attribution tooltip

    Amazon reportedly could grab 10% of retail sales by 2020

    Telsey analysts see the e-commerce juggernaut as unstoppable, but others are not so sure.

    By May 8, 2018
  • Happy Socks to open 30 more stores

    The Swedish brand is coming to America with six planned stand-alone locations on both coasts, and according to founder Viktor Tell, "The sky’s the limit."

    By May 8, 2018
  • Bloomingdale's deploys employee training tech to reduce safety claims

    Employee training is becoming more important than ever in a new retail landscape, but retailers need to see proof of its business impact.

    By May 7, 2018
  • Nike CEO apologizes for 'boys club' culture

    But the athletics retailer has a lot more to do to correct its reported "toxic culture" problems, experts say, and other retailers should be taking note.

    By May 7, 2018
  • Image attribution tooltip
    Getty Images / Supply Chain Dive
    Image attribution tooltip

    Exiting NAFTA could cost retailers $5.3B per year

    Talks about renegotiating the trade deal have been dragging on for months. Scrapping it could lead to tariff increases, reduced consumer spending and job losses, according to a report from A.T. Kearney.

    By May 7, 2018
  • Destination Maternity investor blasts retailer for 21% sales drop

    The maternity apparel retailer is headed for a fight over its choice of board members with a group of investors who say the company has been mismanaged. 

    By May 7, 2018
  • Image attribution tooltip
    Kendall Davis/Retail Dive
    Image attribution tooltip
    Deep Dive

    30 minutes with Rent the Runway's CEO

    Jennifer Hyman is leading retail into the sharing economy with well-oiled logistics and a truly disruptive model — one where customers are encouraged not to buy anything.

    By May 7, 2018