Financial News: Page


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    Sephora
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    Sephora buoys LVMH with 'rapidly' growing online sales

    The upscale retail conglomerate posted significant gains in all segments, but there may be headwinds coming down the pike.

    By April 10, 2018
  • Bon-Ton has a bid in hand from mall operators

    The bid, for at least $128 million in cash, would keep the department store retailer operating — but it could face a competing bid from bondholders who want to liquidate Bon-Ton's assets.

    By April 10, 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
  • REI to enforce sustainability standards for vendors

    By 2020, the outdoors retailer said that the more than 1,000 brands it sells must follow newly released product sustainability standards.

    By April 10, 2018
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    Best Buy
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    Best Buy to open first store in 7 years

    The big-box retailer would not comment on whether there are more to come.

    By April 10, 2018
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    Getty Images
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    Deep Dive

    Mergers and acquisitions expected to heat up this year

    The annual study from A.T. Kearney found that while deal volume and value dropped in 2017, political events and consumer trends point to more global mergers and acquisitions.

    By Cathy Siegner • April 10, 2018
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    Nordstrom
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    Deep Dive

    Sneak peek: Nordstrom opens in NYC with first-ever men's store

    Nordstrom's new men's store raises the retail bar with a modern blend of merchandise, technology and cutting-edge service.

    By Lara Ewen • April 9, 2018
  • Deep Dive

    Can Amazon and its marketplace rivals fix their counterfeits problem?

    Counterfeiting could soon be a $1 trillion criminal enterprise. As fakes proliferate online, the government is taking notice and brands are taking their arguments public — and to court.

    By April 9, 2018
  • Nine West wins $300M bankruptcy loan and a bid for flagship brand

    Authentic Brands, which recently picked up Nautica, has offered $200 million for Nine West's flagship intellectual property, while the remaining business would be taken over by lenders. 

    By April 9, 2018
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    Deep Dive

    What the online tax debate means for Amazon marketplace sellers

    As the U.S. Supreme Court prepares to hear oral arguments in the case, sellers on the e-commerce marketplace fear there may be implications.

    By April 9, 2018
  • Levi's hits LVMH-owned Kenzo with trademark lawsuit

    The iconic jeans maker said that Kenzo's new Britney Spears collection in particular is a violation of a trademark it has owned for over a century.

    By April 9, 2018
  • Retail jobs slump in March

    The industry is still leading all sectors in job cuts, with 56,526 so far this year, according to labor report from Challenger, Gray & Christmas.

    By April 9, 2018
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    Getty Images
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    UPDATE: 'This is what a trade war looks like' NRF says

    President Donald Trump on Thursday escalated tensions with China by saying the U.S. would consider additional tariffs on $100 billion of Chinese goods.  

    By April 6, 2018
  • UPDATE: Nine West files for bankruptcy

    The women's shoe and fashion retailer had been preparing a plan with creditors that would sell its namesake brand property to Authentic Brands, Reuters reported. 

    By April 6, 2018
  • Anthropologie chief to depart Urban Outfitters

    Hillary Super and Andrew Carnie will take over for David McCreight, who is leaving the brand after six years.

    By April 6, 2018
  • Amazon adding new fulfillment center in Las Vegas

    The 1,000 full-time workers to be employed there will likely be working beside robots as Amazon seeks to make its fulfillment operations more efficient.

    By April 6, 2018
  • Target settles background check lawsuit for $3.7M

    The retailer has revamped a hiring process found to disproportionately hurt African-American and Latino job applicants.

    By April 6, 2018
  • Sally Beauty slashes undisclosed number of HQ jobs

    Savings from cost-cutting initiatives will be reinvested into "market-competitive store wages," technology to improve the customer experience and e-commerce growth, the company said. 

    By April 5, 2018
  • Deep Dive

    Is Walmart poised to disrupt healthcare before Amazon?

    The retail giant already has a strong track record in pharmacy sales and medical care, but experts wonder if it can really make an impact. 

    By April 5, 2018
  • Opinion

    In the Toys R Us void, toy makers should target grocery

    As the massive toy retailer winds down, producers can fill the gaps in their profit-and-loss statements by targeting supermarkets, writes Tim Hall, CEO of research firm Simporter and former Hasbro executive.

    By Tim Hall • April 5, 2018
  • Nike 'failing to gain traction' in diversity hires

    The athleticwear giant is working through some issues in order to square its reality with brand identity, experts say.

    By April 5, 2018
  • Macy's longtime CFO to retire

    Karen Hoguet has spent 36 years with Macy's, 20 as its CFO, and has been there "for good times and bad," said CEO Jeff Gennette. 

    By April 5, 2018
  • Apple poaches Google AI chief

    The tech giant has hired John Giannandrea away from its rival, which could boost Apple's Siri in the race for better voice assistant technology. 

    By April 5, 2018
  • Century 21 opens concept store on Staten Island

    The Staten Island project is a twist on the iconic off-price retailer's high-end offering in New York.

    By April 4, 2018
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    Tractor Supply: Kathy Miller, One Shot Photography
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    Tractor Supply Co opens 1,700th store

    The "rural lifestyle" retailer is among those actually peppering the landscape with more stores.

    By April 4, 2018
  • Neiman Marcus Group taps new CFO

    Adam Orvos has a significant amount of retail experience, particularly at department stores, and takes on a spot that's had a swiftly revolving door.

    By April 4, 2018