Financial News: Page
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Retrieved from Amazon on September 28, 2017
Amazon reportedly mulling CPG ads for Alexa
The company has been discussing the possibility with Proctor & Gamble and Clorox, and the move would be a big change for Alexa users.
By Daphne Howland • Jan. 3, 2018 -
Could Amazon really acquire Target?
Gene Munster, a former Piper Jaffray analyst, made the bold claim earlier this week. But others argue the prediction is "far fetched" and "a good PR stunt."
By Daphne Howland • Jan. 3, 2018 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Dyson opens NYC store on Fifth Avenue
The new space from the upscale appliance maker joins a host of brands opening stand-alone brick-and-mortar shops to spur engagement.
By Daphne Howland • Jan. 3, 2018 -
Amazon Prime shipped over 5B items in 2017
The online giant sent out a slew of statistics about its devices, Prime membership and streaming services — but what do they mean?
By Daphne Howland • Jan. 3, 2018 -
37 state and local minimum-wage increases take effect
Minimum-wage increases could impact retailers in 18 states and 19 cities, with more set for later in the year.
By Valerie Bolden-Barrett • Jan. 2, 2018 -
Rent-A-Center CEO resigns (again)
Mark Speese has left the top executive spot for the second time in less than five years, and the company, under activist pressure, is looking to sell itself.
By Ben Unglesbee • Jan. 2, 2018 -
Record retail closures to continue apace in 2018
Department stores face an increasingly bleak future and stores will continue to shutter, but that doesn't mean that sales are all going online.
By Daphne Howland • Dec. 29, 2017 -
Kroger poised to leap-frog over Walmart, Amazon in seamless checkout
In the new year, Amazon and Walmart will have strong competition in cashier-free checkout as Kroger expands its successful "Scan Bag Go" pilot from 25 to 400 stores.
By Daphne Howland • Dec. 28, 2017 -
Home Depot reportedly mulling acquisition of $9B logistics company
XPO provides several retailers, including Amazon, with delivery services, and the home improvement retailer might be playing defense with the possible acquisition.
By Daphne Howland • Dec. 27, 2017 -
Home Depot buys The Company Store
The deal, for an undisclosed amount, could extend Home Depot's reach into home goods and grow e-commerce.
By Daphne Howland • Dec. 22, 2017 -
Nike to partner with Stitch Fix, expand Amazon tie-up
The athletic brand continues to struggle in North America but is banking on new products and concepts to make all the difference.
By Daphne Howland • Dec. 22, 2017 -
Women bear the brunt of the 'retail apocalypse'
Women have seen greater losses, and men have seen greater gains, when it comes to retail jobs, according to a new analysis of labor data.
By Daphne Howland • Dec. 22, 2017 -
Bed Bath & Beyond bests all expectations
But shares dropped more than 10% Thursday as investors worried the retailer would have a weak holiday season.
By Daphne Howland • Dec. 22, 2017 -
Albertsons testing new small-format store
Now that it's back in the fuel center business, the retailer is able to capitalize on the fresh-focused, grab-and-go convenience these smaller formats can offer.
By Jeff Wells • Dec. 22, 2017 -
JD.com planning hundreds of unmanned stores
In the race toward automated stores, China's e-commerce titan could get the jump on Amazon, according to new reports.
By Dan O'Shea • Dec. 21, 2017 -
Target expanding urban footprint with new Chicago store
The new location will anchor an apartment complex and be among 100 stores in urban areas the mass merchant plans to open in coming years.
By Daphne Howland • Dec. 21, 2017 -
Stitch Fix Q1 was 'not the blowout quarter the bulls were hoping for'
Shares plummeted after the company's first post-IPO earnings report as executives justified spending and declared that premium brands won't be a focus going forward.
By Daphne Howland • Dec. 21, 2017 -
Amazon's Apple TV app breaks record for most launch-week downloads
The truce gives both companies a holiday boost, with big consumer demand for Amazon's new Apple TV app and for Apple TV products being sold on Amazon.
By Dan O'Shea • Dec. 21, 2017 -
Walmart reportedly testing Amazon Go-like store, personal shopping service
Incubated startups at the big-box retailer appear to be chasing younger, wealthier customers with shopping and delivery initiatives that depart from its traditional brick-and-mortar foundation.
By Daphne Howland • Dec. 21, 2017 -
Deep Dive
How Toys R Us is letting Target and Amazon steal Christmas
The bankrupt toy seller is losing the pricing game and reportedly readying another round of store closures. Toys R Us is facing its biggest challenge yet.
By Ben Unglesbee • Dec. 21, 2017 -
Deep Dive
The retail winners and losers of 2017
Here are the companies, technologies and trends that soared or sank in 2017.
By Corinne Ruff • Dec. 20, 2017 -
Citi analysts: Walmart 'emerging as a true challenger to Amazon'
Despite the big-box retailer's e-commerce growth, some argue Walmart is sitting on a massive liability — excess space.
By Daphne Howland • Dec. 20, 2017 -
Retrieved from Walmart on July 21, 2017
Deep DiveWill Walmart woo holiday procrastinators with in-store pickup?
While the big-box retailer can't compete with Amazon's last-minute delivery, it does have one major advantage — over 4,750 stores. But is that enough?
By Corinne Ruff • Dec. 20, 2017 -
Macy's taps former Walmart exec for new digital role
Jill Ramsey has more than two decades of e-commerce experience and is tasked with connecting the digital and physical stores.
By Daphne Howland • Dec. 20, 2017 -
Bon-Ton misses $14M interest payment, restructuring could follow
S&P analysts downgraded the department store retailer to default levels, writing that that a debt restructuring, either through bankruptcy or out of court, was "likely" in the near future.
By Ben Unglesbee • Dec. 20, 2017