Financial News: Page 269


  • Deep Dive

    How Amazon's Whole Foods deal could spoil Target's grocery ambitions

    The mass merchant's grocery business has struggled with spoilage and turnover. With Amazon moving fast into brick-and-mortar grocery retailing, it's now or never for Target to carve out a defensible position.

    By June 20, 2017
  • Lululemon invests in high-tech cycling wear startup 7mesh

    The companies share a commitment to innovative fabrics, and Lululemon is on the hunt for growth.

    By June 20, 2017
  • Hubba launches group discussion forums for retailers, brands

    Small merchants can trade learnings and share advice through new Hubba Group discussion forums on a variety of retail topics.

    By June 20, 2017
  • Ulta opens its 999th store on Chicago's 'Mag Mile'

    Ulta plans to open approximately 100 net new stores this year with the ultimate goal of 1,400 to 1,700 locations.

    By June 19, 2017
  • Papaya becomes latest teen apparel retailer to file for bankruptcy

    The California-based retailer, which went through a rapid expansion in recent years only to run into a sales drought hitting retailers across sectors, hopes to stay in business.

    By June 19, 2017
  • J. Crew speeds up timeline for refinancing moves

    That its securities have risen since its debt swap announcement last week suggests bondholders are amenable to the plan to trade notes for equity and new bonds.

    By June 19, 2017
  • Deep Dive

    Amazon vs. Walmart: Why the Whole Foods deal escalates the war for the American shopper

    The deal gives Amazon a big brick-and-mortar footprint in the grocery business it's trying to disrupt. 

    By Laura Heller • June 19, 2017
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    Getty
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    Sports Direct completes takeover of Eastern Mountain Sports, Bob's Stores

    The U.K. sports retail company will expand product lines available to U.S. stores and websites, including the debut of an extensive portfolio of European brands.

    By June 16, 2017
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    Whole Foods Market
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    Amazon to buy Whole Foods in $13.7B deal

    The online giant is buying the organic and natural foods pioneer as it faces growing competition from Kroger, Walmart and other retailers.

    By Christopher Doering • June 16, 2017
  • Mattel looks to get leaner and nimbler

    While not approaching the speed of fast fashion, plans include a supply chain revamp and a focus on its core brands, including American Girl, Barbie and Fisher Price.

    By June 16, 2017
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    Retrieved from Target on June 16, 2017
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    Target debuts remodeled stores

    The discounter is debuting remodeled stores in Dallas, the first in a $7 billion three-year store overhaul. 

    By June 16, 2017
  • Ascena cuts 200 jobs amid restructuring effort

    The move is part of the company's "Change for Growth" initiative, which looks to focus and downsize a company struggling with traffic and sales declines.

    By June 16, 2017
  • Amazon reportedly interested in picking up Slack

    Could Amazon acquire red-hot collaboration start-up Slack? Here's why it might actually make sense.

    By June 15, 2017
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    Retrieved from Nike on March 09, 2017
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    Nike to cut 2% of workforce as it reshapes consumer approach

    As more big brands go direct to consumer, Nike is reshaping it marketing focus and structure, and cutting about 1,400 jobs in the process.

    By June 15, 2017
  • Deep Dive

    How Mickey Drexler failed J. Crew — and what James Brett needs to succeed

    The era of the Merchant Prince is over, and the incoming CEO is tasked with reinventing the brand and reinvigorating relevancy with shoppers.

    By Lara Ewen • June 15, 2017
  • Gymboree said vendor issues hastened financial woes

    Starting in January, when Gymboree's CEO departed, vendors began demanding tougher terms, sparking a vicious financial cycle. 

    By June 15, 2017
  • Core retail sales flat in May

    The monthly snapshot belies relatively healthy consumer confidence, though some retailers benefited more than others.

    By June 15, 2017
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    Megan Poinski
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    Deep Dive

    How much will Lidl disrupt the US grocery market?

    Thursday’s opening is the first step in an offensive that analysts say will push traditional grocers — perhaps to their breaking point.

    By Jeff Wells • June 15, 2017
  • Amazon reportedly eyeing BigBasket buy in India

    Amazon may be close to making another big move in India with the purchase of online grocer BigBasket.

    By June 14, 2017
  • Toys R Us holiday woes continue into Q1

    Weakness in the baby and toys business continues to plague Toys R Us, as competition drives down prices.

    By June 14, 2017
  • Report: Back-to-school shopping poised to grow 4% this year

    E-commerce is grabbing market share from physical stores in all categories thanks to kids’ comfort with online shopping. 

    By June 14, 2017
  • Deep Dive

    Is Walmart's new last-mile delivery program brilliant — or a disaster in the making?

    The Uber-like program will have store associates delivering packages on their way home from work. Will it work for Walmart?

    By Laura Heller • June 14, 2017
  • Walmart maintains top Fortune 500 spot for 5th straight year

    Walmart maintains its top spot with Amazon rising fast, from No. 8 to No. 12 in a single year. 

    By June 14, 2017
  • J.C. Penney adds Libby Edelman to the apparel roster

    Women’s apparel is critical for Penney, which hopes the footwear designer can kick-start sales.  

    By June 14, 2017
  • Three executives leave Sears amid corporate layoffs

    More executive departures at Sears spell, for many, the steady collapse of a one-time giant of American commerce.

    By June 14, 2017