Financial News: Page 259


  • Toys R Us vendors reportedly pull back ahead of possible bankruptcy

    Chatter around a possible bankruptcy filing from the toy retailer has intensified with reports of skittish vendors and news that Toys R Us is shopping a bankruptcy plan to lenders.

    By Sept. 18, 2017
  • Aerosoles files for Chapter 11 bankruptcy

    The company will close up to 74 retail stores as it reorganizes, a move which is "critical" to its turnaround.

    By Sept. 18, 2017
  • Ex-Googlers stir up controversy with Bodega pantry concept

    The startup suffered social media backlash after critics accused it of pitting its unmanned food boxes, which are unlocked by users with a mobile app, against mom-and-pop markets.

    By Sandy Skrovan • Sept. 18, 2017
  • Walmart building new Arkansas HQ

    The new headquarters, aimed for completion in the next five to seven years, will big a big departure from the retailer's aging office space and boast amenities often found in Silicon Valley.

    By Sept. 18, 2017
  • Retailers double down on holiday help

    Emerging price wars may hit margins this season, but they'll also bring more shoppers into stores and online, according to a recent holiday hiring forecast.

    By Sept. 15, 2017
  • August retail sales tumble, missing expectations

    Retail trade sales fell 0.3% and e-commerce sales fell 1.1% from July, but analysts say year-over-year numbers in line with expectations are more indicative of trends.  

    By Sept. 15, 2017
  • Under Armour unveils new innovation hub on Nike turf

    Under Amour's new "UA PDX" center brings footwear design and development under one roof, just eight miles from Nike's Oregon headquarters.

    By Sept. 15, 2017
  • Report calls size of Neiman Marcus' Manhattan flagship into question

    The struggling department store is an anchor tenant of developer Related Companies’ massive Hudson Yards mixed-use development on Manhattan's West Side.

    By Sept. 15, 2017
  • Beloved local New England chain Benny's calls it quits

    Fans are flocking to the general store's going-out-of-business sales, but were likely buying their toys, bikes, housewares and auto supplies somewhere else.

    By Sept. 15, 2017
  • Lowe's taps Neiman Marcus supply chain exec

    Michael West will join the company as senior vice president of supply chain field operations later this month.

    By Sept. 14, 2017
  • Pirch to close most new stores and focus on design sales

    The retailer's joyful "playground"-like experience delights customers, but requires higher volume purchasing to offset the high costs.

    By Sept. 14, 2017
  • Target employees migrate to mobile Zebra device

    The Apple iPod Touch is no longer the tool of choice for Target's store associates, as the retailer switches over to an Android mobile device.

    By Sept. 14, 2017
  • External shot of an Office Depot store.
    Image attribution tooltip
    Courtesy of Office Dept
    Image attribution tooltip

    Office Depot names new marketing chief

    Jerri DeVard, who has more than 30 years of marketing and leadership experience, joins the retailer amid an executive shakeup.

    By Sept. 14, 2017
  • Image attribution tooltip
    Addition Elle
    Image attribution tooltip
    Deep Dive

    Q&A: Why Addition Elle sees a big opportunity in the US market

    Roslyn Griner, the Canadian company’s VP of marketing, spoke with Retail Dive about the brand's reinvention and expansion efforts.    

    By Sept. 14, 2017
  • Target increases holiday hiring by 40%

    The retailer will hire 100,000 seasonal employees — a big step up from the 70,000 holiday workers hired in stores last year.

    By Sept. 13, 2017
  • Neiman Marcus closing 25% of off-price stores

    The luxury department store retailer is rolling back the Last Call outlets even as its peers expand competing off-price efforts. 

    By Sept. 13, 2017
  • Target launches 'innovation sprint,' adds HGTV stars to store brand stable

    A 14-week partnership has five Target employees working out of Digital Ventures’ centers in New York and Los Angeles and conducting immersive customer behavior research in six U.S. cities.

    By Sept. 13, 2017
  • Image attribution tooltip
    Getty
    Image attribution tooltip

    Amazon, eBay, Google lead surge in AI patents

    Artificial intelligence-related patent filings have surged in recent years as the technology's retail uses have come to light.

    By Sept. 13, 2017
  • Nordstrom reportedly closing in on deal to go private

    The department store retailer is close to a deal with private equity firm Leonard Green & Partners, and analysts think it will likely avoid the pitfalls of other PE tie-ups.

    By Sept. 13, 2017
  • Walmart is streamlining US operations

    The big-box retailer will reduce business divisions and scale down its geographic regions by October in an effort to "accelerate [the] pace of change."

    By Sept. 13, 2017
  • Image attribution tooltip
    Retrieved from Apple on September 13, 2017
    Image attribution tooltip

    Apple expands on retail revamp, reveals iPhone X with Face ID

    The technology company plans to unveil a store in Chicago that will reflect the new "town square" model, designed to create a more community-oriented retail experience. 

    By Sept. 12, 2017
  • The Body Shop bought by Brazilian cosmetics company

    Natura bought the faltering retailer from L’Oréal, which itself purchased the brand in 2006.

    By Sept. 12, 2017
  • Abercrombie & Fitch names new CFO, expands overseas

    With the return of former Hollister CFO Scott Lipesky, the company continues to populate its top ranks with executives from its much healthier brand.

    By Sept. 12, 2017
  • Vitamin World files for bankruptcy, plans to close 50 stores

    Less than a week after the supplement retailer's CEO said his company was preparing to file, it sought Chapter 11 protection with the aim of closing unprofitable stores.

    By Sept. 12, 2017
  • Amazon's Whole Foods price cuts boosted store traffic 25%

    But can the e-commerce giant and grocery novice maintain its momentum?

    By Sept. 12, 2017