Financial News: Page 257
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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 Ben Unglesbee • 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 Daphne Howland • 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 Daphne Howland • 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 Daphne Howland • Sept. 28, 2017 -
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 Daphne Howland • 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 Daphne Howland • Sept. 28, 2017 -
Retrieved from Amazon on September 28, 2017
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 Dan O'Shea • 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 Daphne Howland • 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 Daphne Howland • 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 Ben Unglesbee • 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 Daphne Howland • 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 Daphne Howland • 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 Daphne Howland • 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 -
Retrieved from Nike on February 07, 2017
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 Daphne Howland • 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 Ben Unglesbee • 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 Daphne Howland • Sept. 26, 2017 -
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 Corinne Ruff • 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 Daphne Howland • 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 Daphne Howland • 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 Ben Unglesbee • Sept. 25, 2017