Financial News: Page 258
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Retrieved from Starbucks on May 08, 2017
Starbucks taps former Sam’s Club chief as COO
Brewer, formerly of Sam’s Club, has over 30 years of experience, including the top-notch omnichannel chops that Starbucks really needs right now.
By Daphne Howland • Sept. 7, 2017 -
Amazon opens shop inside Kohl's
Beginning next month, the department store retailer will feature zones dedicated to Amazon's goods and services in 10 of its stores.
By Daphne Howland • Sept. 6, 2017 -
Gap to close 200 stores, expand Old Navy
Over the next three years, the apparel retailer plans to close locations across its namesake and Banana Republic brands while opening 270 Old Navy and Athleta stores.
By Ben Unglesbee • Sept. 6, 2017 -
Report: Bon-Ton hires turnaround advisers
The retailer has tapped AlixPartners for help as it grapples with sales declines, profit loss, a large debt load and traffic drought, sources told Reuters.
By Ben Unglesbee • Sept. 6, 2017 -
Report: Blackstone pulls $2.8B Australian mall sale as Amazon spooks buyers
The PE firm has canceled a planned sale of a 10-mall portfolio as the e-commerce giant's arrival to Australia next month thwarts interest.
By Daphne Howland • Sept. 6, 2017 -
Dick's Sporting Goods to open 10 more stores
The sporting goods retailer has made it clear that brick-and-mortar stores are key to its sales — including those made online.
By Daphne Howland • Sept. 6, 2017 -
Deep Dive
What retailers can learn from REI's marketing success
Two years after the launch of its celebrated Opt Outside campaign, the outdoor retailer is engaging customers with a new brand message.
By Corinne Ruff • Sept. 6, 2017 -
Vitamin World reportedly preparing for bankruptcy
The supplement retailer, like other mall-based specialists that have filed for Chapter 11 protection this year, is looking to shed expensive leases for stores it no longer needs.
By Ben Unglesbee • Sept. 6, 2017 -
Hudson's Bay gives Gilt a makeover, debuts first Dutch store
While the Canadian department store is scaling back its North American operations, it's committed to opening at least 10 stores in the Netherlands this month.
By Daphne Howland • Sept. 6, 2017 -
Alibaba to open brick-and-mortar mall in China
The effort is part of the e-commerce giant’s "New Retail" strategy, focused on connecting with consumers across all channels, according to a report.
By Daphne Howland • Sept. 5, 2017 -
Retrieved from Amazon on May 10, 2017
Report: Amazon beefs up Alexa efforts as competition grows
The company has hired more engineers to work on Alexa-related projects and has appointed a new executive to head the efforts.
By Dan O'Shea • Sept. 5, 2017 -
Retrieved from Target on June 21, 2017
Retail employment slides, but could pick up for holidays
August job losses in the sector don’t reflect a big shift to e-commerce, according to the National Retail Federation and outplacement firm Challenger, Gray & Christmas.
By Daphne Howland • Sept. 5, 2017 -
Retrieved from Amazon on June 21, 2017
Amazon's apparel ambitions create tough choices for brands
Even if apparel makers sell directly through the e-commerce giant, they could face new competition as Amazon studies their best sellers, according to research from L2.
By Daphne Howland • Sept. 5, 2017 -
Target chief risk and compliance officer to depart
Jackie Rice, who was hired about a year after the retailer’s debilitating data breach, won't be replaced.
By Daphne Howland • Sept. 5, 2017 -
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 -
Retrieved from Amazon on July 12, 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