Financial News: Page 256
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West Elm parts with Casper, signs new deal wth Leesa
Only a year after signing a contract with Casper, the furniture retailer is shifting gears and switching mattress partners.
By Lara Ewen • Sept. 2, 2017 -
Walmart's new restaurant tie-up is a feast for the young and wealthy
The retail giant is partnering with Grown, a new fast-casual concept with a much higher price point than Walmart's customers may be used to.
By Daphne Howland • Sept. 1, 2017 -
Casper Mattress opening pop-ups in 15 US cities
The mattress startup has a partnership with West Elm and Target to showcase its wares, but the company will open its own doors in October.
By Daphne Howland • Sept. 1, 2017 -
Report takes aim at 'retail apocalypse,' but notes industry challenges
Many trouble spots are real, but the death of retail is "patently false," according to new research from global research and advisory firm IHL.
By Daphne Howland • Sept. 1, 2017 -
Dyson plots branded stores for North America
Like many brands, Dyson is increasingly selling directly to customers, including through a series of its own physical stores.
By Daphne Howland • Sept. 1, 2017 -
Men give Lululemon a boost in Q2
The athleisure innovator isn’t slowing down, despite its higher prices and more muted demand in the category.
By Daphne Howland • Sept. 1, 2017 -
Dollar General profits take a hit despite sales and traffic growth
The discount retailer is ceding market share in higher-priced goods to rivals with better assortments.
By Daphne Howland • Aug. 31, 2017 -
Moody's: Amazon still far from ruling retail
Analysts question the e-commerce giant's dominance over all retail and that much-cited estimate of 85 million U.S. Prime members.
By Ben Unglesbee • Aug. 31, 2017 -
Costco muscles past the competition
The warehouse retailer shrugs off Amazon's challenge, but some analysts aren't satisfied with its plodding pace of e-commerce growth.
By Daphne Howland • Aug. 31, 2017 -
Nordstrom warns shareholders of 'going private' risks
The company doesn’t have any solid plans yet but speculation could hurt supplier, employee and customer relationships, the department store said in a SEC filing.
By Daphne Howland • Aug. 31, 2017 -
Five Below capitalizes on spinners, slime and smileys
The discounter keeps its eye on fast-moving trends to draw consumers into stores — and customers are buying in.
By Daphne Howland • Aug. 31, 2017 -
Nasty Gal founder launches Girlboss Media with $1.2M in seed funding
Sophia Amoruso is pivoting from apparel to expand her Girlboss Radio podcast into a media company.
By Daphne Howland • Aug. 31, 2017 -
Deep Dive
Payless is the first of its peers to exit bankruptcy. Now what?
The discount shoe seller filed for Chapter 11 prepared and is now a smaller, healthier retailer. But it still has to win customers in a chaotic retail world.
By Ben Unglesbee • Aug. 30, 2017 -
Chico's still failing to gain traction
The struggling retail company also announced a new president for its better-performing Soma lingerie brand.
By Daphne Howland • Aug. 30, 2017 -
Simon Property Group sues Starbucks over Teavana store closures
The coffee retailer is pulling the plug on the tea chain’s underperforming stores, but the mall operator alleges in doing so it's violating lease agreements.
By Daphne Howland • Aug. 30, 2017 -
Grocery is driving e-commerce success at Walmart
A new study shows 26% of the retail giant’s e-commerce sales came from food and beverages in Q2, a sign that its efforts in the online marketplace are paying off.
By Sandy Skrovan • Aug. 30, 2017 -
Deep Dive
Inside Amazon + Whole Foods: The first day
As Amazon started running the upscale grocer on Monday, special sales were the main draw. But the changes go beyond just low prices.
By Jeff Wells • Aug. 29, 2017 -
Best Buy holds its own against Amazon
The electronics retailer beat sales and earnings estimates, but an initial burst of excitement by investors was tempered by Best Buy's hint that holiday sales might not keep up.
By Daphne Howland • Aug. 29, 2017 -
Sears reportedly losing suppliers as vendor insurance rises
Some vendors have pulled back from the struggling department store retailer as the cost of insuring their orders has spiked, Reuters reports.
By Ben Unglesbee • Aug. 29, 2017 -
Report: Uniqlo looking for a digital transformation
The Japanese retailer is adopting an increasingly common stance as it aims for a digital and technological makeover.
By Dan O'Shea • Aug. 29, 2017 -
Walmart heir sheds $62M in shares
Rob Walton, founder Sam Walton’s oldest son, sold the stock last week, sparking speculation although he’s still got $8.4 billion left.
By Daphne Howland • Aug. 29, 2017 -
Target hopes shoppers raise a glass to its new $5 private label wine
The retailer is extending its cheap chic image to the grocery department with the introduction of an exclusive, value-oriented collection that includes Cabernet Sauvignon, Chardonnay and Pinot Grigio.
By Sandy Skrovan • Aug. 29, 2017 -
Deep Dive
Is Nordstrom the next acquisition target for Walmart or Amazon?
The two retail giants have something to gain from taking over Warby Parker, Lowe’s or Ulta Beauty — but the Seattle-based department store with a strong off-price division is a strong contender, according to data-fueled speculation from Foursquare.
By Daphne Howland • Aug. 28, 2017 -
Report: Hudson's Bay considering going private
The department store retailer is said to be looking for an adviser to assess options as an activist presses for a real estate sale to pay off shareholders.
By Ben Unglesbee • Aug. 28, 2017 -
Roots Canada opens customization lab at Toronto flagship
Shoppers of the lab can peruse leather and fabric samples and use a digital interface to add custom touches like monograms.
By Daphne Howland • Aug. 28, 2017