Financial News: Page 313
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                    Sports Authority scrambling to close stores after bankruptcyStore closings could wrap up a month earlier than what was previously reported. By Daphne Howland • July 20, 2016
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                    P&G challenges retailers with Tide detergent subscription serviceProcter & Gamble is also rolling out Tide Spin, a smartphone app supporting on-demand laundry pickup-and-delivery services. By Daphne Howland • July 20, 2016
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                    Bankrupt Aeropostale poised to auction assets next month“Reorganization on a standalone basis is not feasible,” Aeropostale states in court papers filed July 15. By Daphne Howland • July 19, 2016
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                    J.C. Penney, Sears battle it out for appliance salesJ.C. Penney is aggressively trying to regain market share in an area it exited decades ago, while Sears is seeking to protect one of its rare strengths. By Daphne Howland • July 19, 2016
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                    Report: US, Chinese labor groups met ahead of Wal-Mart China strikesThe two groups say they’ll continue their new relationship in an effort to boost their clout in discussions with Wal-Mart. By Daphne Howland • July 18, 2016
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                    Citigroup CEO: 'Very focused' on resolving Costco credit card fiascoDespite months of preparation for its switch from American Express to Citi Visa, Costco has come under fire from members who didn't receive their new credit card or couldn't activate it. By Daphne Howland • July 18, 2016
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                    Report: Two-thirds of consumers shop at off-price storesOff-price stores and outlets make up three-quarters of all apparel purchases, according to NPD Group’s Checkout Tracking. By Daphne Howland • July 18, 2016
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                    Wal-Mart loses key analytics exec to NeustarVenkat Achanta played a major role in evolving how Wal-Mart leveraged analytics to better address changing e-commerce customer behaviors. By Dan O'Shea • July 17, 2016
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                    Deep DiveWhy did Bed Bath & Beyond buy One Kings Lane?Things seem dire for both Bed Bath & Beyond and One Kings Lane—but it looks like they could help each other out. By Daphne Howland • July 15, 2016
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                    Core retail sales climb 0.7% in June, boosted by home and garden storesWhile e-commerce and department stores enjoyed a rise in sales, apparel retailers saw sales drop. By Daphne Howland • July 15, 2016
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                    Google slammed with new EU antitrust charges over shopping searchThe charges are the third set from European antitrust regulators. By Daphne Howland • July 15, 2016
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                    Cabela's stock rises on report of sale to Bass Pro Shops, Goldman SachsThe struggling hunting gear retailer has been under pressure to sell some or all of its business. By Daphne Howland • July 15, 2016
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                           Retrieved from Ebay on June 04, 2015 Retrieved from Ebay on June 04, 2015 Deep Dive Deep DiveRetail Therapy: How well do you know eBay's wacky prohibited items list?What can and can’t be sold on the e-commerce site may surprise you. This, and more, in this week's Retail Therapy. By Kelsey Lindsey • July 14, 2016
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                    Uniqlo owner Fast Retailing trims profit outlook for third time this yearFiscal third-quarter operating profit rose 18.6%, thanks to 41% e-commerce growth in Japan, improved results in Uniqlo's U.S. stores and strong sales in China. By Daphne Howland • July 14, 2016
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                    Sports Authority's deal with lenders allows liquidation to continueWithout the deal, stores involved would have likely shuttered and liquidation sales would have halted by Friday By Daphne Howland • July 14, 2016
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                           "Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0 "Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0  Staples pins rebound hopes on back-to-school seasonBack-to-school sales this year are expected to rise 3.3% to $540 billion, according to data from research firm Customer Growth Partners. By Daphne Howland • July 14, 2016
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                    Burberry retail revenues flat, same-store sales fall 3%The fashion house beat expectations of a 5% same-store decline, but suffered a significant dropoff compared to 6% growth in the same period last year. By Daphne Howland • July 13, 2016
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                    Ikea extends dresser recall to China following outcryThe move comes after China’s official news agency, Xinhau, published an editorial decrying Ikea’s “arrogance” and irresponsibility in limiting the recall to North America. By Daphne Howland • July 13, 2016
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                    Wal-Mart rolls out special carts in fresh food revampThe retail giant is already the country’s biggest grocer, but is working to protect and grow that position. By Daphne Howland • July 12, 2016
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                           Retrieved from Amazon on October 28, 2015 Retrieved from Amazon on October 28, 2015  Study: 52% of Amazon customers are Prime membersThere are now some 63 million Prime members across the U.S., according to new estimates from Consumer Intelligence Research Partners. By Daphne Howland • July 12, 2016
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                    Burberry CEO Bailey steps down, replaced by Céline chief GobbettiThe fashion house also named Smith and Nephew executive Julie Brown to the new role of chief operating and financial officer. By Daphne Howland • July 12, 2016
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                    Report: Malls ditching department stores for a different kind of anchorExperience-based commerce and specialty retail are increasingly taking their place. By Daphne Howland • July 11, 2016
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                    Alibaba's Ma: 'If you want to sue us, sue us'Investigations and lawsuits offer greater insight into Alibaba's business practices, according to its founder. By Daphne Howland • July 11, 2016
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                    Analysts warn Gap needs more time despite promising June salesJune was a ray of sunshine for the struggling apparel retailer, but analysts want to see more improvement. By Daphne Howland • July 11, 2016
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                    Eyeing e-commerce efficiencies, Nordstrom buys stake in software platformThe department store has promised cost-cutting and investments to improve its e-commerce margins. By Daphne Howland • July 11, 2016
 
    
        
    