Financial News: Page 261
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Walmart showcases $20B women's empowerment program
The retailer has sourced more than $20 billion from women-owned businesses worldwide for products and services in the U.S., and after a years-long, relatively quiet effort, wants to share results.
By Daphne Howland • July 13, 2017 -
Target boosts Q2 guidance as traffic, sales improve
The company is gleaning positive results from new merchandising, brick-and-mortar and e-commerce efforts.
By Daphne Howland • July 13, 2017 -
Tiffany taps veteran luxury exec as new CEO
Alessandro Bogliolo replaces Frederic Cumenal, who stepped down in February amid declining sales at the luxury jeweler.
By Ben Unglesbee • July 13, 2017 -
Deep Dive
Can Backstage attract shoppers to Macy's mall stores?
As the department store pushes ahead on off-price concepts, experts say there's a fine line between attracting new shoppers and heading too down market.
By Laura Heller • July 12, 2017 -
Target rethinks curbside pickup, launches new test
The big-box retailer is testing a new pickup service at three Minneapolis-area stores just a year after pulling the plug on a previous attempt.
By Corinne Ruff • July 12, 2017 -
Walmart will fine suppliers for late, early deliveries in push for inventory control
The new rule may have unintended consequences at Walmart's loading docks, however, as carriers will lose a time-based risk buffer to account for traffic, weather and hours-of-service delays.
By Jennifer McKevitt • July 12, 2017 -
Deep Dive
5 takeaways from Amazon Prime Day 2017
Amazon once again had its biggest sales day in history, crushing the competition on both assortment and price. Here's what you need to know about Prime Day 2017.
By Laura Heller • July 12, 2017 -
Report: Hudson's Bay faces more calls to sell off property
Shareholders representing more than 7% ownership in the Canadian department store retailer support an activist investor's plan to sell off treasured real estate.
By Ben Unglesbee • July 12, 2017 -
Bankrupt Gymboree to close 350 stores
The children's apparel retailer is trying to shore up its balance sheet and focus on its most profitable stores and brand lines through the closures hashed out in bankruptcy court.
By Ben Unglesbee • July 12, 2017 -
Deep Dive
Prime Day: A test-run for peak season logistics
Amazon's customers expect items to show up on doorsteps only a few days after purchase, but that's only if truckers can get them to Amazon's fulfillment centers first.
By Kate Patrick Macri • July 12, 2017 -
Lululemon takes Under Armour to court over sports bra patents
The athleisure brand has good reason to protect its sports bra designs, considering how important the category is to its bottom line.
By Daphne Howland • July 12, 2017 -
Lululemon, PBteen launch capsule decor collection for girls
The collection comes as Lululemon is scaling back its Ivivva unit, leaving few stores open.
By Daphne Howland • July 12, 2017 -
Dick's Sporting Goods taps CMO amid leadership shakeup
A Dunkin' Brands exec will join the company just two months after it announced the departure of its chief operating officer and the appointment of a new president.
By Daphne Howland • July 12, 2017 -
New tools from Salesforce to help retailers manage their field forces
As retailers increasingly put their own employees in the field to provide on-site support services for customers, Salesforce has come up with tools to help them.
By Dan O'Shea • July 12, 2017 -
Eddie Lampert, investors mull Sears Canada deal
ESL Partners and another investment fund "may engage” in discussions of a transaction that involves the Canadian retailer, but the announcement offered few details on what a deal may look like.
By Ben Unglesbee • July 11, 2017 -
UPDATE: Prime Day could fetch Amazon $2B in sales
The e-commerce giant's holiday in July is expected to set new records as rival retailers take the day to promote their own deals.
By Ben Unglesbee • July 11, 2017 -
J.C. Penney revamps loyalty as CFO departs
The discount department store continues to struggle as it works to right-size its store base and boost apparel sales, something a new loyalty program may help to address.
By Daphne Howland • July 11, 2017 -
Target takes Toca Boca from app to exclusive kid's line
The licensing deal expands a move to "reimagine" the big-box retailer's stable of brands.
By Corinne Ruff • July 11, 2017 -
Barnes & Noble taps retail vet as new stores chief
Carl Hauch began his career at Starbucks and will now lead the bookseller's store efforts as it looks for new traffic-drivers.
By Daphne Howland • July 11, 2017 -
Report: Amazon set to wage war on Best Buy's Geek Squad
The e-commerce giant appears to be getting into the business of helping households plan and install tech products.
By Dan O'Shea • July 10, 2017 -
Courtesy of Apple Inc.
Apple retail strategy rolls on with US remodels, India plans
Plans for two giant stores in India, and re-openings of remodeled, expanded stores prove that Apple's retail rethink is strong .
By Dan O'Shea • July 10, 2017 -
Deep Dive
9 reasons why Prime Day matters — to Amazon and the rest of retail
The event is more than just a big sale — it’s a massively ambitious bid to deepen Amazon’s reach with U.S. shoppers.
By Laura Heller • July 10, 2017 -
Abercrombie & Fitch halts talks with suitors
American Eagle Outfitters and Express expressed interested in the teen apparel retailer, but it has decided to go it alone in its turnaround.
By Daphne Howland • July 10, 2017 -
Amazon played hardball with Whole Foods in merger deal
The e-commerce giant raised its initial bid somewhat, but refused Whole Foods' request for $45 per share and asked the organic grocer to refrain from talking to other suitors.
By Daphne Howland • July 10, 2017 -
Muji to open second hotel
The minimalist retailer, like West Elm, is turning to the hospitality business to expand its horizons and showcase its goods.
By Daphne Howland • July 10, 2017
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