Financial News: Page 242


  • 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 Dec. 18, 2017
  • The Limited, Toys R Us and Gymboree among 11 retail bankruptcies impacting mall investors

    Vacated stores have threatened hundreds of commercial property loans backed by malls that were home to stores shuttered amid this year's 'retail apocalypse.'

    By Dec. 18, 2017
  • Charlotte Russe downgraded amid efforts to shed debt

    Cost cuts are now in focus as yet another private equity-owned retailer grapples with a debt load that's impeding a much-needed turnaround.

    By Dec. 18, 2017
  • H&M to close stores, expand on Alibaba's Tmall

    As inventories rose and sales tanked in the fourth quarter, the fast-fashion retailer announced it's picking up the pace on a transformation plan.

    By Dec. 18, 2017
  • Walgreens ups third-party API game with ‘Add to Cart’ capability

    Five years into its API development efforts, Walgreens continues to push out new APIs to expand its brand reach through third parties.

    By Dec. 15, 2017
  • Will Amazon really dominate grocery?

    The online retailer's Whole Foods acquisition has made it a bigger threat, but tough competition from Walmart and Kroger means industry supremacy is far from guaranteed.

    By Pamela DeLoatch • Dec. 15, 2017
  • Overstock founder wants to 'walk away,' pursue blockchain opps

    CEO Patrick Byrne hopes to walk away from the e-commerce business in favor of opportunities in cryptocurrency. 

    By Dec. 15, 2017
  • Asics unveils mobile app for on-demand workouts

    The brand also debuted its first U.S. flagship store, which features two distinct brands: one for athletes and the other for customers looking for street styles.

    By Robert Williams • Dec. 15, 2017
  • Costco's strong Q1 earnings prove it's still Amazon-proof

    The club retailer posted higher-than-expected earnings while e-commerce sales jumped 42.1% in the first quarter of 2018.

    By Jeff Wells • Dec. 15, 2017
  • Pier 1 plunges amid strong competition

    The company is set on maintaining stores, which are pivotal to boosting sales in all channels, executives said.

    By Dec. 15, 2017
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    November retail sales lift 0.8%

    It's been a healthy start to the holiday, according to numbers from the U.S. Commerce Department and the National Retail Federation.

    By Dec. 15, 2017
  • Ivanka Trump opens a store in Trump Tower

    The brand has struggled to make physical stores work, and its location of choice offers a mixed bag.

    By Dec. 15, 2017
  • Tractor Supply beats Amazon, Nordstrom in web experience

    Apple beats Costco at stores, Williams Sonoma beats Amazon at mobile — ForeSee's annual rankings of the best retail experiences offer some surprising findings. 

    By Dec. 14, 2017
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    Sears to sell DieHard on Amazon

    The troubled department store chain is deepening ties with the e-commerce giant by peddling its famous battery line on the website. 

    By Dec. 14, 2017
  • 7-Eleven tests mobile ordering, delivery with new app

    The convenience store chain now lets Dallas customers order and pay for products via their smartphone. What can retailers learn?

    By Robert Williams • Dec. 14, 2017
  • Gander Mountain back from bankruptcy as 'Gander Outdoors'

    The company, acquired by Camping World in May, is opening new stores and rebranding under its new owner.

    By Dec. 14, 2017
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    Peapod rolls out text-to-order tool

    The online grocer's new "Chat-to-Cart" feature also lets shoppers add items with emojis and share their list with family members. 

    By Jeff Wells • Dec. 14, 2017
  • Deep Dive

    How Best Buy is winning against all odds

    The electronics retailer is opening a new chapter in how to compete by taking advantage of opportunities everywhere. Even, sometimes, at Amazon.

    By Dec. 13, 2017
  • Deep Dive

    The running list of 2017 retail apocalypse victims

    Retailers are filing for bankruptcy at a record rate this year. Here's a look at which retailers have filed plans to restructure, find a buyer or liquidate through Ch. 11 bankruptcy protection.

    By Corinne Ruff, Ben Unglesbee • Dec. 13, 2017
  • Take that Amazon: Target buys Shipt for $550M

    The acquisition comes with a new goal of bringing same-day delivery services to half of Target stores by early next year.

    By Dec. 13, 2017
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    Sears buys more time to pay a $400M loan

    An agreement between the ailing department store retailer and its lenders will kick a loan due next year out to mid-2019, easing some of the financial pressure on the company. 

    By Dec. 13, 2017
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    Amazon's hiring in Seattle declines by 60%

    Most of the job listings — which still outnumber the city’s other major businesses combined — aren’t in retail, according to the Seattle Times.

    By Dec. 13, 2017
  • American Express writes an end to signature requirements

    Authorizing transactions with a signature could soon become a thing of the past.

    By Dec. 13, 2017