Financial News: Page 326
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Report: Amazon preparing to launch its own clothing line
Last year Amazon’s Fashion VP said an apparel line was possible. Now that seems to be coming true.
By Daphne Howland • Feb. 17, 2016 -
Deep Dive
What's next after Wal-Mart's store closings
When it comes to growth, has Wal-Mart hit a plateau?
By Daphne Howland • Feb. 16, 2016 -
Online athleisure retailer Fabletics planning 100 more stores
The company has received complaints from customers, who find they’re subject to difficult-to-opt-out monthly charges and deliveries.
By Daphne Howland • Feb. 16, 2016 -
Snapdeal raises another $200M as e-commerce in India heats up
India presents retailers with immense growth opportunities, including some advantages that can’t be found in China.
By Daphne Howland • Feb. 16, 2016 -
PopSugar has plans to become the 'iTunes of fashion'
With the acquisition of mobile shopping platform Cosmic Cart, PopSugar’s ShopStyle discovery-based fashion site could drive even more sales in apparel and accessories.
By Daphne Howland • Feb. 16, 2016 -
Kohl's cuts three leadership positions after weak holiday season
The eliminations come as the mid-tier department store continues to struggle to make strides in its turnaround.
By Daphne Howland • Feb. 16, 2016 -
Victoria's Secret CEO abruptly resigns, leaving reins to Wexner
Sharen Jester Turney was with the lingerie brand for 16 years, and in the top spot for the last 10.
By Kelsey Lindsey • Feb. 12, 2016 -
Retail sales increase in January, beating expectations
Apparel sales last month likely got a bump from colder weather.
By Daphne Howland • Feb. 12, 2016 -
High profits: Colorado marijuana sales approach $1B
The state saw $996,184,788 in sales of recreational and medical cannabis in 2015, according to Colorado's Department of Revenue.
By Daphne Howland • Feb. 12, 2016 -
Avon shares fall as losses mount
The company is facing headwinds in its international business.
By Daphne Howland • Feb. 12, 2016 -
Deep Dive
Why Target sold out to CVS
CVS Health's acquisition of Target's pharmacies allows the big-box retailer to concentrate on its core goals.
By Daphne Howland • Feb. 11, 2016 -
Amazon shares rise on new stock buyback program
The e-retail giant could be looking to appease disappointed investors, or to show that it believes its stock is undervalued.
By Daphne Howland • Feb. 11, 2016 -
EBay CEO outlines turnaround plan
CEO Devin Wenig promised changes that make the marketplace retailer sound a lot like Amazon.
By Daphne Howland • Feb. 11, 2016 -
Skechers plans to open as many as 340 stores this year
The company’s shares tumbled on its revenue miss despite a solid sales gain in the fourth quarter.
By Daphne Howland • Feb. 11, 2016 -
Jet is seeing a 40% response rate on feedback e-mails
The online retailer is using StellaService software to send personalized feedback e-mails to customers.
By Ian P. Murphy • Feb. 10, 2016 -
Twitter changes algorithm to present more relevant tweets first
The change may signal the end of organic "reach" for marketers.
By Ian P. Murphy • Feb. 10, 2016 -
NRF predicts 3.1% retail sales growth in 2016
Lower gas prices and more jobs will lead to more spending — just not necessarily in traditional retail categories.
By Kelsey Lindsey • Feb. 10, 2016 -
Out of bankruptcy, American Apparel set to launch new campaign
The brand will promote its "luxury" T-shirt line while still maintaining its "edgy" positioning.
By Ian P. Murphy • Feb. 10, 2016 -
"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 garners EU approval for Office Depot acquisition
But the merger faces continued scrutiny in the U.S. and Canada.
By Daphne Howland • Feb. 10, 2016 -
Deep Dive
What does Wal-Mart owe the towns it leaves? 9 experts weigh in
What obligation—if any—does a business have to the communities it leaves? The answer is not as clear as one might think.
By Kelsey Lindsey • Feb. 10, 2016 -
Saks Off 5th announces first Gilt store-within-a-store
Hudson’s Bay's purchase of the flash-sales company solves problems for Saks and Gilt, especially as Saks looks to compete with (or imitate) Nordstrom.
By Daphne Howland • Feb. 10, 2016 -
Burberry files suit against J.C. Penney over signature plaid
The luxury brand says the chain used exact copies of its traditional plaid pattern on jackets and scarves.
By Ian P. Murphy • Feb. 10, 2016 -
Sears to close more stores in cost-cutting effort
The retailer also said that it’s boosting its apparel offerings to combat weak sales in that area.
By Daphne Howland • Feb. 9, 2016 -
Gap posts fourth quarter sales as Old Navy stumbles
The retailer’s flagship brand shows new signs of life, but faltering sales at Old Navy, which has carried the company for several quarters, is a new concern.
By Daphne Howland • Feb. 9, 2016 -
Nordstrom debuts first TV ad since 2013
The retailer's "See Anew" campaign promotes spring styles.
By Ian P. Murphy • Feb. 9, 2016