Financial News: Page 250


  • REI revamps #OptOutside

    In the third year of the campaign, the outdoor retailer is launching a search engine populated with user-generated content.

    By Oct. 30, 2017
  • True Religion exits bankruptcy, shedding $358M in debt

    The denim apparel retailer is "clearing the way" for company investment and growth just in time for the holidays.

    By Oct. 30, 2017
  • Nike challenges Lululemon with 'Pant Studios'

    The line was derived from intense market research and is part of Nike's push to capture more athleisure sales.

    By Oct. 30, 2017
  • Simon Property plots growth, considers a sale

    With an over-abundance of brick-and-mortar stores and malls in the U.S., CEO David Simon said the company is mulling a "sale potentially by year-end or early next year."

    By Oct. 29, 2017
  • J.C. Penney expects heavier Q3 loss as it recasts women's apparel

    Wall Street pummeled the department store retailer as it moved to liquidate inventory and speed up its turnaround strategy in apparel.

    By Oct. 27, 2017
  • Walgreens to shutter 600 Rite Aid stores

    The retailer said optimizing its purchase of nearly 2,000 Rite Aid stores, a scaled back version of its original merger plans, will entail a number of closures over the next 18 months.

    By Oct. 27, 2017
  • CVS reportedly in talks to buy Aetna

    The companies are mulling a $66 billion deal as CVS looks to bolster itself in preparation for Amazon's potential entry into the space, The Wall Street Journal reports.

    By Shannon Muchmore • Oct. 27, 2017
  • Home improvement sector weatherized for the retail storm

    The segment will outpace wider retail for the next year or so, although the housing boom that's fueling it could turn into a drag if housing prices rise too much, according to Moody's Investors Service.

    By Oct. 27, 2017
  • Amazon reportedly snaps up wholesale pharmacy licenses

    The e-commerce giant has received regulatory approval from 12 states, and analysts have said it's only a matter of time before it dives into the market.

    By Oct. 27, 2017
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    Amazon's sales — and costs — are going up

    More than ever, Amazon’s report is a picture of burgeoning sales, with heavy investments hitting profits. But most analysts continue to see its potential.

    By Oct. 26, 2017
  • Amazon Fashion signs up Drew Barrymore's 'Dear Drew' collection

    The new line from the actress follows a prior collaboration with Walmart, which debuted Barrymore's Flower cosmetics brand.

    By Oct. 26, 2017
  • Nike delays $50B revenue target

    The company will achieve this goal in the next five years as it hones a long-term growth strategy announced this summer, CEO Mark Parker told CNBC.

    By Oct. 26, 2017
  • Toys R Us reports full supplier backing

    An attorney for the toy retailer said in court that almost all of its top suppliers are shipping on normal terms again.

    By Oct. 26, 2017
  • American Eagle's NYC concept lets students do laundry while shopping

    The new store also includes amenities like a "jeans gallery," as well as a bar and lounge with a view of Union Square.

    By Oct. 26, 2017
  • This $525M shopping center could be the last enclosed mall built

    Located about 50 miles north of New York City, the mall represents an endangered concept as shopping preferences shift. 

    By Laurie Cowin • Oct. 26, 2017
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    Lara Ewan
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    Deep Dive

    Nordstrom Rack opens second Manhattan store

    The latest addition to the department store retailer's off-price fleet is larger and sports new technology such as visual search, designed to create a better omnichannel experience. 

    By Lara Ewen • Oct. 26, 2017
  • Target unveils AR mobile feature for furniture shopping

    The "See It In Your Space" capability works with the retailer's Project 62 furniture line, part of its renewed commitment to differentiated merchandising.

    By Oct. 25, 2017
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    Retrieved from Amazon on October 25, 2017
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    Amazon unlocks in-home delivery with ‘Amazon Key’

    Just ahead of the holidays, Prime members in 37 cities will be able to give remote access to their homes for services and package delivery if they buy the company's latest device.

    By Oct. 25, 2017
  • Walgreens sales remain 'anemic' despite Rite Aid takeover

    The acquisition of nearly 2,000 Rite Aid stores will contribute growth next year, but that won't help Walgreens improve its stores.

    By Oct. 25, 2017
  • Amazon launches Prime for business customers

    Amazon's swift expansion of its B2B business is exactly what Staples and Office Depot described to a skeptical Federal Trade Commission last year as their merger plans faltered.

    By Oct. 25, 2017
  • Lowe's to sell Craftsman tools

    The move by the home improvement retailer represents further erosion of a historic Sears strength, as well as an advantage over rival Home Depot.

    By Oct. 25, 2017
  • Walmart reorganizes Home with a group president and new top exec for Hayneedle

    Walmart is strengthening the home category with new leadership across all digital properties while one of those units, Hayneedle, gains an exec with a millennial-focused brand history.

    By Oct. 24, 2017
  • Deep Dive

    Lord & Taylor could be the anchor to Walmart's web mall

    A partnership with the upscale department store could allow the big-box retailer to tap into a wealthier market, but it also stands to dilute the brand.

    By Oct. 24, 2017
  • Sears to stop selling Whirlpool appliances

    The manufacturer "has sought to use its dominant position in the marketplace to make demands" that put Sears at a pricing disadvantage, the retailer said in a note to employees.

    By Oct. 24, 2017
  • Bed Bath & Beyond adds $29 annual membership Beyond+

    The membership experiment was first floated as a way to ease margins hit by its popular blue-and-white coupons.

    By Oct. 24, 2017