Financial News: Page 265


  • Deep Dive

    Is Sears' Kenmore deal with Amazon a game changer, or a drop in the bucket?

    A partnership to sell Kenmore appliances on Amazon could add new sales for Sears and expand Amazon's appliance ambitions. But will Amazon shoppers flock to a brand some say is dying?

    By July 27, 2017
  • Moody's: Smaller retailers vulnerable as competition intensifies

    Amazon is casting a long shadow, and smaller retailers are vulnerable as competitors seek to grab their market share. And grocers are next.

    By July 26, 2017
  • Walmart, JD announce shopping holiday to rival Singles Day

    The companies have joined forces in China on order fulfillment and distribution and are planning an answer to Alibaba's blockbuster Singles Day.

    By July 26, 2017
  • Shareholders demand Rent-A-Center sell itself

    The rent-to-own retailer has faced increasing pressure from shareholders as it struggles to stay competitive in the market.

    By July 26, 2017
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    Fotolia
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    Survey: Retailers using outdated tools to manage sourcing

    Retail sourcing management needs to be brought into the 21st Century with new tools to manage their sourcing and supplier relationships, according to new research.

    By July 26, 2017
  • Activist presses Barnes & Noble to sell itself or go private

    Sandell Asset Management said it had taken a "meaningful" stake in the book retailer and pushed it to consider a buyout by private equity or potentially a media company. 

    By July 25, 2017
  • Sports retailers tumble on Hibbett Sports sales warning

    The sports retailer has its particular troubles, including a late entry to e-commerce, but investors are worried about sports retail in general.

    By July 25, 2017
  • Michael Kors snaps up Jimmy Choo for $1.2B

    With this move, Michael Kors is aiming upmarket and overseas for growth.

    By July 25, 2017
  • J.C. Penney taps former Walmart exec as CFO

    Jeffrey Davis has served as chief financial officer for Darden Restaurants (parent of the Olive Garden chain) and Walmart's U.S. stores.

    By July 25, 2017
  • Lane Bryant launches free in-store styling

    The company's one-on-one styling advice hopes to leverage the advantages of brick-and-mortar retail over e-commerce.

    By July 25, 2017
  • Macy's names executive to head Backstage

    Michelle Israel, senior vice president of Bloomingdale’s off-price unit, has been promoted to head Macy's Backstage and will oversee both businesses.

    By July 25, 2017
  • Walmart takes a page from Amazon, invests in Plug Power

    The investment provides both Walmart a means of powering its equipment faster, and a way to keep tabs on Amazon.

    By Jennifer McKevitt • July 25, 2017
  • Deep Dive

    What will become of the retail worker after the 'apocalypse'?

    Employment losses in the retail sector are approaching 2009 levels with 60,000 jobs cut and counting. As retailers realign resources around e-commerce, the roles of associates are also changing.

    By July 24, 2017
  • The Buckle taps new CFO as sales plummet

    The teen apparel retailer is struggling with the chronic problems of the shifting apparel retail environment. 

    By July 24, 2017
  • Sephora debuts small format concept store in Boston

    Sephora Studio will emphasize customer experiences through beauty consultations and services that fall in line with the retailer's in-store tech push.

    By July 24, 2017
  • Amazon pays publishers, influencers to post on Spark

    The e-commerce giant is seeking more content for its shopping-oriented social network.

    By Robert Williams • July 21, 2017
  • FTC reportedly looking into Amazon's price listing practices

    As it reviews the e-commerce giant's buyout of Whole Foods, the agency is probing a report that Amazon's reference prices mislead customers.

    By July 21, 2017
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    "TOPSHOP / TOPMAN" by Sento is licensed under CC BY-SA 2.0
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    Topshop taps Burberry merchant for top spot

    Paul Price has been chief merchant at Burberry for a decade and replaces Topshop veteran Mary Homer, who left to lead The White Company.

    By July 21, 2017
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    Retrieved from Amazon on March 17, 2017
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    Amazon acquires comparison search firm Graphiq with Alexa in mind

    As Amazon continues to expand Alexa's value, the e-commerce giant buys a company that enhances its search functionality.

    By July 20, 2017
  • NRF taps ex-Macy's chief Lundgren to lead board

    Terry Lundgren, the man credited with building the first national department store chain, is leaving Macy's but he just can't quit retail. 

    By July 20, 2017
  • Alexa, can you help Sears sell Kenmore appliances?

    The department store retailer is trying to boost sales of its appliance brand by selling on Amazon and connecting smart appliances to the e-commerce giant's virtual assistant. 

    By July 20, 2017
  • Abercrombie & Fitch investor: 'This is the time for buybacks'

    A major shareholder, SLS Management, urged the retailer to take more aggressive action to bolster shareholder value following its failed sale.

    By July 20, 2017
  • RadioShack receives a lifeline

    The company will emerge from its second bankruptcy in two years as a shadow of its former shadow.

    By July 20, 2017
  • Target kills Cartwheel Perks

    The savings application, which is being rolled into Target's main app, will retain discounts and third-party coupons.

    By July 20, 2017
  • Report: Walmart developing facial-recognition tech

    The retailer is looking to the technology to monitor shopper dissatisfaction and improve the store experience. 

    By July 19, 2017