Financial News: Page 251


  • Hudson's Bay to sell Lord & Taylor Fifth Avenue store

    The $850 million deal makes way for WeWork to build a New York headquarters, while leaving just enough room for a diminished Lord & Taylor store.

    By Oct. 24, 2017
  • Target unveils mobile pay in time for the holidays

    This season the mass merchant is betting that its new private label lines will balance the margin hit from its consumer goods price cuts.

    By Oct. 24, 2017
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    Courtesy of Amazon
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    Amazon HQ2 grabs 238 bids

    Following the announcement, cities scrambled to pull together incentive packages and tout their advantages as a second base, though not everyone was enamored by the opportunity.

    By Oct. 24, 2017
  • Jet takes on Amazon, Target with new private brand 'Uniquely J'

    The e-commerce company's line targets Amazon Basics and enters a highly competitive consumer goods market.

    By Oct. 24, 2017
  • Deep Dive

    What's next for Hudson's Bay?

    The 350-year-old company has been here before: Possessing vast real estate holdings with more value than its once-lucrative core business. Will this retail empire go the way of the fur trade?

    By Oct. 24, 2017
  • Hudson's Bay CEO steps down abruptly

    Executive Chairman Richard Baker will take over the chief executive role until a permanent replacement for Jerry Storch is selected.

    By Oct. 23, 2017
  • Neiman Marcus, Talbots and Land's End among those added to new Fitch watch lists

    The ratings agency has named more than a dozen retailers at some risk of bankruptcy or other forms of default.  

    By Oct. 23, 2017
  • Toys R Us gets a head start on Black Friday

    America’s most prominent toy retailer has little wiggle room this holiday season in light of last month's bankruptcy filing.

    By Oct. 23, 2017
  • Alibaba tees off Singles Day 3 weeks early

    More than 140,000 brands will participate in the shopping holiday, which last year shattered expectations with $18 billion in sales.

    By Oct. 23, 2017
  • Apple opens buzzworthy Chicago flagship

    The store serves as a showplace for Apple's new devices and positions the location as a gathering place in addition to a shopping destination. 

    By Oct. 23, 2017
  • Amazon powers up Texas wind farm

    With the launch of the e-commerce giant's Snyder, Texas, wind farm, its renewable energy projects will generate enough clean energy to power more than 330,000 homes each year.

    By Oct. 20, 2017
  • Stitch Fix files for an IPO

    An IPO will likely challenge the online personal styling model, which remains popular but is largely untested as a profitable enterprise.

    By Oct. 20, 2017
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    Getty Images
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    Sears takes another $40M from CEO's hedge fund

    The murky relationship between Lampert and Sears continues in the slow, agonizing wind-down of the once-iconic retailer.

    By Oct. 20, 2017
  • Target increases store remodels to 1,000 units

    The mass merchant's revamp of 70 stores is paying off online and off, and the new design was on display as the company debuted a location in Midtown Manhattan. 

    By Oct. 20, 2017
  • Walmart, JD.com reportedly integrating customer loyalty in China

    In a challenge to Alibaba, the companies will also develop a program for JD.com to fulfill orders by relying on inventory from Walmart.

    By Oct. 19, 2017
  • Google reprises holiday pop-ups in NYC and LA

    Unlike last year, customers can buy Google devices on the spot.

    By Oct. 19, 2017
  • Gordmans wins OK for liquidation plan

    A bankruptcy judge approved the discount department store chain's plans to liquidate and transfer assets to Stage Stores, which reported a $55.5 million bump in sales from Gordmans. 

    By Oct. 19, 2017
  • Target designs private label apparel for kids with disabilities

    Cat & Jack, a private line of kids clothing unveiled by Target last year, has surpassed the $2 billion mark to be one of Target’s largest brands ever, the company said Wednesday.

    By Oct. 19, 2017
  • Report: Lord & Taylor to sell on Walmart.com

    If true, the move could be another attempt by the big box retailer to gain a foothold with wealthy, younger customers.

    By Oct. 19, 2017
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    Elizabeth Regan/Retail Dive
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    Podcast

    Conversational Commerce: How Matthew Shay views the state of the retail industry

    Retail Dive sat down with the head of the NRF to talk about the evolution of the association and the industry when it comes to public policy, technology and changing consumer habits.

    By Oct. 19, 2017
  • Amazon to take over top floors of Seattle Macy's

    The move is rife with symbolism, as the e-commerce giant continues to make life hard for department store retailers.

    By Oct. 19, 2017
  • Amazon is open for business at Kohl's

    The e-commerce giant and the discount department store have been quietly working out their alliance since the spring.

    By Oct. 19, 2017
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    Walmart Store No. 8
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    Deep Dive

    Walmart’s Store No. 8 showcases the future of VR

    The event, a first of its kind for Walmart, drew an exclusive group of high-tech brands, technologists and venture capitalists to debut the latest in VR.

    By Oct. 19, 2017
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    Retrieved from Amazon on July 12, 2017
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    Report: Amazon Prime reaches 90M US members

    Almost all (95%) of Prime users said they're likely to renew their membership, according to the most recent survey by equity securities research firm Consumer Intelligence Research Partners.

    By Oct. 18, 2017
  • Toys R Us plays with Asian unit IPO

    The retailer is reportedly exploring options for its growing Asian unit, which could include a spin off that would benefit Toys R Us' private equity owners, according to Bloomberg. 

    By Oct. 18, 2017