Financial News: Page 257


  • Toys R Us rebrands as some suppliers reportedly pull back

    The company, which recently filed for bankruptcy, is trying to position itself as a house of free play (rather than a mere toy store) to recapture market share.

    By Sept. 29, 2017
  • Report: Walmart will sell meal kits on its website starting in December

    The retailer will offer meal kits from various companies as it tests the growing market, according to one supplier who’s had talks with the chain.

    By Jeff Wells • Sept. 29, 2017
  • AmazonBasics is crushing other private brands

    According to One Click Retail, the private label line is not only highly popular, but also cannibalizing some of the online giant's other brands.

    By Sept. 29, 2017
  • Ikea buys odd-job service TaskRabbit

    Flat-packed furniture is famously difficult to assemble, and TaskRabbit could help the Swedish furniture giant solve that problem following a successful pilot.

    By Sept. 29, 2017
  • Pier 1's online sales grow, and so does its profit loss

    As the furnishings retailer builds its online sales business, shipping costs also threaten to eat up its margins. 

    By Sept. 28, 2017
  • Exterior of a DSW store.
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    "DSW" by Mike Mozart is licensed under CC BY 2.0
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    DSW plans 'warehouse' store redesign

    The shoe retailer says the new layout will allow it to showcase 70% more merchandise and is set to expand in 2018.

    By Sept. 28, 2017
  • Finish Line to invest $15M in digital

    Most of the sports gear retailer's traffic is coming through mobile now, but will the digital push be enough to secure market share in a quickly changing sector?

    By Sept. 28, 2017
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    Retrieved from Amazon on September 28, 2017
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    Amazon reimagines Echo and expands device family

    The e-commerce giant announced six new, voice-enabled products, including a much-anticipated revamped version of the original Echo smart speaker.

    By Sept. 28, 2017
  • Opinion

    Why the Walmart-Bonobos deal shows the way to retail's showroom future

    The big-box retailer’s e-commerce acquisitions are about more than assets, they’re about taking on new mindsets, writes Lee Peterson of WD Partners.

    By Lee Peterson • Sept. 28, 2017
  • Walmart boosts private baby line with 120 new items

    The retailer also made a commitment to reducing chemicals — an emerging consumer priority — especially in products for babies and children.

    By Sept. 28, 2017
  • Bass Pro Shops completes $5B Cabela's acquisition

    After nearly two years of talks and antitrust hurdles, the rival companies have successfully merged.

    By Sept. 27, 2017
  • New Macy's loyalty program nudges customers to spend more

    By rewarding shoppers that spend, the department store retailer is trying to capitalize on the 10% of customers who account for half of its business.

    By Sept. 27, 2017
  • Marc Lore: Walmart's e-commerce unit still 'feels like a startup'

    At Shop.org, the head of Walmart's U.S. e-commerce spoke about the retailer's acquisition strategy and new technology. 

    By Laura Heller • Sept. 27, 2017
  • Target food partner Freshii pulls out of all stores

    Over the years, Target has moved to replace its traditional popcorn and hot dog concessions with sleeker Starbucks, Freshii and Which Wich cafes.

    By Sept. 27, 2017
  • Walmart taps Facebook's Workplace to boost productivity

    It's part of the retailer's drive to "be a better place to work" and comes on the heels of its new planned corporate campus intended to facilitate teamwork.

    By Sept. 27, 2017
  • Alfred Angelo bankruptcy auction collects meager $245K for creditors

    The bridal retailer's liquidation this summer didn't reduce its $78 million debt load all that much.

    By Sept. 27, 2017
  • 2 Adidas marketing execs caught in college basketball bribery crackdown

    Director of Global Sports Marketing James Gatto is among 10 individuals being charged by the U.S. Department of Justice. 

    By David Kirkpatrick • Sept. 27, 2017
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    Retrieved from Nike on February 07, 2017
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    Nike faces headwinds in North America

    The athletic retailers' focus on overseas markets and selling directly to consumers, including on Amazon, should challenge other retailers.

    By Sept. 27, 2017
  • Kohl's CEO to retire next year

    Kevin Mansell is set to retire in May, when current Chief Merchandising and Customer Officer Michelle Gass will takeover as chief executive.

    By Sept. 26, 2017
  • Ascena stuns with surprise sales and profit beats

    The retailer, which runs Ann Taylor, LOFT and other store brands, delivered a fourth quarter performance that bested not just analysts’ expectations, but also its own.

    By Sept. 26, 2017
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    Kendall Davis/Retail Dive
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    Podcast

    Conversational Commerce: Why Toys R Us went bankrupt — and what it means for the holidays

    In the second episode of our podcast, the Retail Dive team breaks down the third-largest Chapter 11 bankruptcy filing in retail history.

    By Sept. 26, 2017
  • Report: Amazon invests in Indian brick-and-mortar retailer

    Regulations in the country favor homegrown and physical retailers; Amazon’s stake allows it to take advantage of both those protections.

    By Sept. 26, 2017
  • JPMorgan: Off-price poised for nearly $20B growth

    Strong foot traffic, low prices and plenty of room for brick-and-mortar growth could give TJX and Ross a boost — likely at the expense of department stores.  

    By Sept. 26, 2017
  • UPDATE: Bankrupt Toys R Us secures financing, begins holiday hiring

    The timing of the company's recent Chapter 11 filing is the worst possible scenario for any retailer, much less one so dependent on holiday sales.

    By Daphne Howland, Ben Unglesbee • Sept. 26, 2017
  • Rue21 emerges from bankruptcy with 420 fewer stores

    The teen apparel retailer emerged last week from a well-planned, relatively orderly Chapter 11 process as a smaller and less-indebted retailer.

    By Sept. 25, 2017