Financial News: Page


  • American Apparel to re-open Los Angeles store

    The location on Melrose Avenue was once a larger American Apparel store, and, if all goes well, it could be the first of many.

    By May 7, 2018
  • Lands' End opens first of several stores this year

    The preppy apparel retailer is coming out from under the shadow of its former parent Sears, which is rapidly closing stores that still include many Lands' End locations.

    By May 7, 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
  • Fred's puts pharmacy biz up for sale

    The drugstore retailer is also revamping its front-of-the-store assortment and looking to stoke a treasure hunt atmosphere in the aftermath of the failed Walgreens-Rite Aid merger.

    By May 7, 2018
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    Christopher Doering
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    Nestlé pays $7.15B for rights to sell Starbucks products globally

    The deal gives the Swiss company a stronger presence in coffee, a segment growing in popularity as consumers look to healthier beverages and RTD options.

    By Christopher Doering • Updated May 7, 2018
  • Walmart reportedly beats Amazon to Flipkart with $15B bid

    Google parent Alphabet may also join in, taking a 75% stake in India's major homegrown e-commerce retailer.

    By May 4, 2018
  • Struggling Ascena still has time for turnaround, Moody's says

    Analysts with the ratings firm think that the retailer — which runs Ann Taylor and Loft, among others — has enough liquidity and new omnichannel capabilities to compete, at least in the short run. 

    By May 4, 2018
  • In Parkland aftermath, Dick's is lobbying for gun control

    The move follows stricter limits to Dick's firearms sales and strong statements from CEO Edward Stack in the wake of the Florida shooting.

    By May 4, 2018
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    Finish Line
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    Finish Line shareholder sues to hold up JD Sports merger

    The merger was considered good news for both retailers, but Edward Martinez alleges that the sales process was "hastily conducted."

    By May 4, 2018
  • Cowen: Target is 'hitting its retail stride'

    After suffering a string of quarterly declining comparable sales last year, Target is back — but that doesn't mean the company can kick its feet up.

    By May 3, 2018
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    Retrieved from Amazon on May 03, 2018
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    Amazon launches new private-label pet brand Wag

    The retail giant, eight years after its marketplace debut, also released its first report on the small- and medium-sized businesses selling there.

    By May 3, 2018
  • Sears launches online leasing program

    The department store retailer first launched its leasing program — which, on the longest-term leases, can charge customers as much as three times the ticket price of an item — in 2012. 

    By May 3, 2018
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    Montgomery County Planning Commission
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    CVS homes in on healthcare while stores languish

    Executives are squarely focused on its health care ambitions, but cleaning up its stores and its retail offer would help that.

    By May 3, 2018
  • Kohl's names new merchandising chief

    Doug Howe comes from QVC and HSN parent Qurate Retail Group, but his 30-year merchandising resume includes stints at Gap Inc., Walmart and May Department Stores.

    By May 3, 2018
  • Crate & Barrel collaborates with Reese Witherspoon's Draper James

    This is the second major retail partnership this year for the celebrity's southern heritage lifestyle brand.

    By May 2, 2018
  • Macy's buys Story concept

    The magazine-like boutique's founder will join Macy's as an executive in charge of brand experiences across the retailer's business.

    By May 2, 2018
  • Birchbox sells majority stake to longtime investor

    After talks reportedly fell through with QVC, according to Recode, Birchbox's CEO announced that hedge fund Viking Global Investors will take over a majority of the business.

    By May 2, 2018
  • Guitar brand Gibson files for bankruptcy

    The musical instrument maker plans to reorganize around its core business after a debt-financed overseas acquisition went awry. 

    By May 2, 2018
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    Sephora
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    Sephora opens 2nd 'Studio'

    The new location in Hoboken, New Jersey, joins the first of its kind in Boston, and the retailer plans to open more of the experiential store concept this year.

    By May 2, 2018
  • Alexa exec leaves Amazon for 'a serious break'

    Charlie Kindel, the executive most responsible for Alexa’s success, has left the fast pace of Amazon, citing a need to "catch my breath."

    By May 2, 2018
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    Getty Images
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    Amazon to hire thousands of tech workers

    Dwarfing the hundreds laid off from corporate earlier this year, Amazon plans to hire 200 in a Minneapolis tech office, 2,000 in Boston and fill 3,000 jobs in Vancouver, mainly with technologists.

    By May 1, 2018
  • Barneys tunes into the podcast craze

    The luxury department store plans to launch a show that will bring on fashion designers, interior designers and hair stylists to talk about their experiences in the fashion world.

    By May 1, 2018
  • Macy's adds 20 Backstage stores, to double off-price footprint

    The department store retailer plans to add 100 Backstage outlets inside existing stores in fiscal 2018 in an effort to fend off the off-pricers at its flank. 

    By May 1, 2018
  • Tapestry leans on Kate Spade as Stuart Weitzman falters

    Kate Spade is getting the same treatment as Coach, which has ditched discounts and department stores to good effect and is now appealing to younger shoppers.

    By May 1, 2018
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    The image by Dcavalli is licensed under CC BY-SA 3.0
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    Under Armour still looks like a brand running 'out of steam'

    The brand continues to falter against rivals, especially in North America where the sportswear segment dominates.

    By May 1, 2018
  • Walmart's Asda grocery chain to merge with Sainsbury's

    If given the green light, pending various approvals, Walmart will hold 42% of the combined company, which is poised to become a U.K. grocery powerhouse.

    By April 30, 2018