Financial News: Page 325
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Ikea is finding India alluring, but difficult
India is turning retailers’ heads thanks to its favorable demographics, but the country’s local sourcing requirements are causing headaches.
By Daphne Howland • Feb. 24, 2016 -
Nielsen readies new e-commerce measurement
Product will tap actual sales data on CPG brands from retailers such as Target.
By Ian P. Murphy • Feb. 24, 2016 -
Report: Customer satisfaction with retailers dips
But there’s a story in the numbers: Those retailers with better customer service at “pain points” like checkout fared better this year.
By Daphne Howland • Feb. 24, 2016 -
Malls are getting creative as more anchors drop
The American mall is becoming more of a mixed-used, less retail-heavy place to spend time, as mall owners are forced to replace major tenants.
By Daphne Howland • Feb. 24, 2016 -
Under Armour shows off US women's gymnastics team in new ad
The 90-second spot shows the U.S. women's gymnastics team in training, day and night.
By Ian P. Murphy • Feb. 24, 2016 -
Colorado's 'Amazon tax' gets a legal thumbs up
The ruling gives Colorado the go-ahead to collect sales tax from online orders, even if a retailer has no physical store in the state.
By Daphne Howland • Feb. 23, 2016 -
Macy's reports mixed Q4 with less-than-expected sales drop
January’s cold weather helped lift the iconic retailer’s sales somewhat, but its long-term prospects remain hard to predict in a tough retail environment.
By Daphne Howland • Feb. 23, 2016 -
Lumber Liquidators takes another hit from CDC report
The CDC said it underestimated the cancer risk from substandard Chinese wood products previously offered by the retailer.
By Ian P. Murphy • Feb. 23, 2016 -
Amazon's private label clothing line is here
The retail giant has sent out notices to customers about “select clothing, shoes, jewelry, watches, and luggage sold directly by Amazon.”
By Daphne Howland • Feb. 23, 2016 -
Kit and Ace lays off 10% of headquarter staff
Kit and Ace, the next step for Lululemon founder Chip Wilson, has expanded rapidly.
By Daphne Howland • Feb. 23, 2016 -
DSW to acquire discount e-retailer Ebuys
Some analysts hailed the move but others say Ebuys’ off-price model could be a problem for DSW.
By Daphne Howland • Feb. 22, 2016 -
Wal-Mart rolls out more improvements to worker schedules
The changes fall short of the demands by the labor group OUR Walmart, but have helped the company reduce absenteeism and turnover.
By Daphne Howland • Feb. 22, 2016 -
Bebe replaces CEO, cuts 14.6% of corporate jobs
Bebe founder Manny Mashouf returns to the retailer as its new CEO, unseating Jim Wiggett.
By Daphne Howland • Feb. 22, 2016 -
US government deems all hoverboards 'unsafe'
The U.S. Consumer Product Safety Commission has deemed hoverboards unsafe and says that manufacturers of the self-balancing scooters should get UL certification before selling them.
By Daphne Howland • Feb. 22, 2016 -
Deep Dive
Retail Therapy: Red Lobster basks in that Beyoncé glow
Every week, we bring you the best retail reads from around the Web.
By Kelsey Lindsey • Feb. 19, 2016 -
Kmart gets into the liquidation business
The struggling retailer bought thousands of grills, lighting, and other products from bankrupt Brinkmann to pass on savings to its customers.
By Daphne Howland • Feb. 19, 2016 -
Nordstrom pledges cost-cutting as earnings disappoint
Nordstrom seemed to have shrugged off the troubles plaguing American department stores, but its last two quarters show that it may not be immune after all.
By Daphne Howland • Feb. 19, 2016 -
Amazon workers appeal to Bezos to improve corporate culture
A new website is dedicated to bringing negative workplace details to light, and suggests workers will formally organize a union if their efforts prove futile.
By Daphne Howland • Feb. 19, 2016 -
Deep Dive
New opportunities, old obstacles, for retailers in Iran
By pushing to lift decades-old sanctions against Iran, the U.S. has cleared the way for billions of dollars in new trade. But American retailers won’t be privy to the new openness any time soon.
By Daphne Howland • Feb. 18, 2016 -
Wal-Mart misses expectations, stock tumbles
Despite ongoing efforts to ramp up e-commerce and the store experience, Wall Street was unimpressed with Wal-Mart's showing in the fourth quarter.
By Daphne Howland • Feb. 18, 2016 -
Are there too many luxury stores?
Despite evidence that luxury retail has a long-term growth problem and could be over-stored, Neiman Marcus has boldly opened a new store on Long Island.
By Daphne Howland • Feb. 18, 2016 -
Ex-Lululemon CEO advising Adidas on female-focused retail strategy
Christine Day's expertise in the female athleisure category makes her a natural fit for the consulting role with the German sportswear giant.
By Daphne Howland • Feb. 18, 2016 -
Sports Authority closing stores as it works to avoid bankruptcy
Sports Authority appears to be buckling under the pressure of an increasingly competitive sports apparel retail environment plus a crippling debt load.
By Daphne Howland • Feb. 18, 2016 -
Deep Dive
How great is Kohl's 'Greatness Agenda'?
Kohl's has a lot of advantages over other department stores, but sluggish sales continue to bog down its turnaround.
By Daphne Howland • Feb. 17, 2016 -
Nike to sponsor Portland's new bikeshare program
The deal christens the 1,000-bike program "Biketown."
By Ian P. Murphy • Feb. 17, 2016