Financial News: Page 248


  • Deep Dive

    7 retailers that are ripe for acquisition

    Walmart and Amazon have been hungry for acquisitions, and the big fish are looking for deals to make them more competitive.

    By Nov. 13, 2017
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    Retrieved from Target on November 14, 2017
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    Target's 'next gen' store caters to 2 types of customers

    The new store concept has two distinct entrances that allow some customers to get in and out easily, and others to take their time browsing.

    By Nov. 13, 2017
  • J. Crew once hoped for an Amazon takeover

    But that doesn't mean retail guru Mickey Drexler sees any wisdom in apparel brands selling on Amazon's site.

    By Nov. 13, 2017
  • New J.C. Penney strategy evokes Ron Johnson

    The retailer bested expectations thanks in part to a radical move to clear out its women's apparel. The question now becomes: what's next?

    By Nov. 13, 2017
  • Nordstrom full-line sales decline as Rack rises 5.5%

    Off-price sales rose, but were still lower than expected as Nordstrom struggles to balance full-price, discount and online channels.

    By Nov. 10, 2017
  • Sears celebrates rare store openings

    The struggling retailer is opening two new appliance and mattress stores – but its store closures for the year are nearing 400.

    By Nov. 10, 2017
  • Burberry announces ambitious turnaround plan

    The effort will take time and resources, and Burberry warned it will hamper sales growth until 2021.

    By Nov. 10, 2017
  • Kohl's breaks sales losing streak

    Sales improvements are partially thanks to a strong back-to-school season, but the 'meager' lift wasn't reflected in the bottom line.  

    By Nov. 9, 2017
  • Macy's sales drop as focus shifts

    But the department store retailer is focusing on the wrong things, analysts warn.

    By Nov. 9, 2017
  • Sears pulls more financial levers as sales plunge

    The maneuver gives Sears a break from paying into pension plans as the struggling company reports that same-store sales plummeted 15.3%.

    By Nov. 9, 2017
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    Retrieved from Amazon on November 09, 2017
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    Amazon takes on Wayfair with new furniture lines

    Rivet, a mid-century modern line, and Stone & Beam, a farmhouse-style line, both come with a 30-day return policy and a three-year warranty.

    By Nov. 9, 2017
  • LVMH shuffles executive suite for a 'new era'

    For Christian Dior Couture in particular, CEO Bernard Arnault said the shakeup signals a new beginning for the luxury company.

    By Nov. 9, 2017
  • Teen apparel chain Styles For Less files for bankruptcy

    The California-based retailer, which plans to reorganize, joins a list of at least 20 high-profile retailers to file for bankruptcy so far this year.

    By Nov. 8, 2017
  • Only 17% of Americans want retailers to open on Thanksgiving

    More shoppers than ever feel retailers are tainting their home-grown holiday, and industry experts say opening stores on the day may not pay off.

    By Nov. 8, 2017
  • Container Store turnaround gains traction

    The retailer has unfrozen its hourly wage hikes and is plotting brick-and-mortar improvements as it climbs out of a "retail funk."

    By Nov. 8, 2017
  • Office Depot launches subscription 'box' for small businesses

    The office supplies retailer has joined the subscription craze with a monthly delivery of services rather than products.

    By Nov. 8, 2017
  • Target to close 12 underperforming stores

    The mass merchant, however, continues to open small format stores and plans for roughly 35 new units in 2018, along with stepped up remodeling efforts.

    By Nov. 8, 2017
  • Tapestry suffers surprise as sales drop at Coach, Kate Spade

    Sales at the newly renamed company rose more than 24% but missed expectations as same store sales dropped at flagship brands. 

    By Nov. 7, 2017
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    "Etsy Wall" by Charles & Hudson is licensed under CC BY-SA 2.0
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    Etsy roars back as revenue soars 21.5%

    On the heels of new feature and tools releases, the e-retailer handily beat revenue and earnings expectations.

    By Nov. 7, 2017
  • REI hires retail veteran CIO

    Christine Putur, the second CIO in the company's history, is also the second woman to hold that position at the retailer.

    By Nov. 7, 2017
  • Target unveils big discounts ahead of Thanksgiving, Black Friday

    The mass merchant plans to open on Thanksgiving for the fourth year in a row, but is scaling back hours and paying employees a premium.

    By Nov. 7, 2017
  • CVS announces next-day and same-day delivery

    The drugstore chain saw retail sales decline in the third quarter as it continues to emphasize health care operations.

    By Nov. 7, 2017
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    Borden Binns
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    Opinion

    4 startups that go head to head with Amazon and Whole Foods

    Despite the convenience, millennials really don't want to buy everything on Amazon, writes Alexa Binns of Borden Binns.

    By Alexa Binns • Nov. 6, 2017
  • Home Depot tops major retailers in mobile web usability

    Costco, on the other hand, has more work to do to improve the functionality, checkout, payment capability and content of its mobile website, according to a new report from Forrester.

    By Robert Williams • Nov. 6, 2017
  • October retail employment clouded by hurricanes

    The 18,000 job decline last month may also be explained by the shift to e-commerce, according to outplacement consultancy Challenger, Gray & Christmas.

    By Nov. 6, 2017