Financial News: Page 328
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Macy's mixes up executive ranks with two new spots
The retailer has hired from the outside to take on new digital and innovation efforts.
By Daphne Howland • Feb. 2, 2016 -
Birchbox trims 15% of staff, halts Canadian operations
The moves come at a time when talk of a tech bubble burst heats up.
By Daphne Howland • Feb. 1, 2016 -
Nordstrom to open second Manhattan store
A smaller store near its planned flagship at Central Park Tower could help the company compete in the city's intensifying luxury market.
By Daphne Howland • Feb. 1, 2016 -
Under Armour calms investor fears with strong Q4
With typical swagger, CEO Kevin Plank promised that the company’s 20th birthday this year will include more impressive results.
By Daphne Howland • Jan. 29, 2016 -
Etsy store opens at Macy's Herald Square flagship
But does the move enhance the artisanal marketplace’s reputation for unique handmade goods, or hurt it?
By Daphne Howland • Jan. 29, 2016 -
H&M will open 425 new stores this year
But the company announced muted expectations for the first quarter this year, in part because of the strong dollar.
By Daphne Howland • Jan. 29, 2016 -
Amazon posts 22% sales growth in its most profitable quarter yet
Despite impressive growth during an otherwise tepid holiday season for many retailers, the results still fell short of analyst expectations.
By Daphne Howland • Jan. 29, 2016 -
Circuit City has plans for a comeback
The electronics retailer will retain its familiar white and red logo, but little else from its ill-fated past.
By Daphne Howland • Jan. 28, 2016 -
EBay doesn't move the needle much in Q4
EBay’s performance validates the move to spin off PayPal, which the company had resisted for months before eventually relenting.
By Daphne Howland • Jan. 28, 2016 -
Alibaba beats estimates with strong holiday sales
But the company could still face headwinds if Chinese consumer spending slows as many expect.
By Daphne Howland • Jan. 28, 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 shaking up exec teams, reportedly laying off 'hundreds'
The office supplies retailer announced the executive shuffle, but won’t confirm reports of job cuts.
By Daphne Howland • Jan. 27, 2016 -
American consumer sentiment remains steady
But there were enough contradictions in the Conference Board’s report to indicate that consumers’ iffy attitude toward spending could continue this year.
By Daphne Howland • Jan. 27, 2016 -
Major U.S. trucking companies not worried about Amazon
Swift Transportation and Covenant Transportation, the country’s largest trucking companies, dismissed the idea that Amazon’s own trucking operations would hurt business, saying there’s plenty of demand to go around.
By Daphne Howland • Jan. 27, 2016 -
Apple beats profit expectations, but forecast draws concern
The company can no longer expect heady sales in China and hasn’t unveiled a new device in a while.
By Daphne Howland • Jan. 27, 2016 -
Coach's pivot from discounts brings optimistic results
The legacy accessories company had fallen from its upscale perch, thanks in part to a focus on outlet stores. But its Q2 report shows it may be digging itself out.
By Daphne Howland • Jan. 27, 2016 -
Deep Dive
Who is the new Wal-Mart customer?
Accomplishing Wal-Mart's goal to appeal to a wealthier shopper may mean going against the company's very-ingrained corporate culture.
By Daphne Howland • Jan. 26, 2016 -
WSJ: Falling bond prices a bad sign for retailers
The long-term prospects for turnarounds at some retailers are dimming, spelling trouble for them and their backers.
By Daphne Howland • Jan. 26, 2016 -
Some retailers could see sales lift, despite $850M hit from Jonas
Most of the economic fallout wasn’t felt by retailers so much as by venues like restaurants, theaters, and hotels.
By Daphne Howland • Jan. 26, 2016 -
Alibaba growth slowing as competition with JD.com heats up
While Alibaba has been eyeing consumers in rural China, JD.com has focused on reaching more affluent shoppers in urban areas. That may be paying off.
By Daphne Howland • Jan. 26, 2016 -
American Apparel will move on without Charney
Now it’s up to the retailer to prove that it really can come back—and thrive—without him.
By Daphne Howland • Jan. 26, 2016 -
Deep Dive
Is there ever a perfect storm for retailers?
Retailers increasingly have the ability to make weather forecasting work for them—helping them respond to extreme events like the recent winter storm Jonas.
By Daphne Howland • Jan. 25, 2016 -
Winter storm Jonas unlikely to hurt retailers
While retailers may see consumer spending shift to just before and after a major storm like the one we saw this past weekend, it’s usually a wash for retailers.
By Daphne Howland • Jan. 25, 2016 -
Amazon touts job creation record amid assertive moves in Europe
Sainsbury’s bid for Home Retail, owner of retail goods chain Argos, is seen as a response to increased competition in Europe from the American e-retail giant.
By Daphne Howland • Jan. 25, 2016 -
Avon's turnaround plan draws skepticism from analysts
Avon’s 130-year-old approach to cosmetic sales could be outdated—or perfectly positioned to evolve in today’s social-media-rich, highly connected market.
By Daphne Howland • Jan. 25, 2016 -
Report: Many retailers could face moves from activist investors
The changes wanted by activist investors aren’t necessarily good or bad for retail companies. But they can be a distraction.
By Daphne Howland • Jan. 25, 2016