Financial News: Page 329


  • Barnes & Noble to shutter fewer stores than expected, new prototype stores coming

    Despite a botched website relaunch, the retailer is hanging in there with a strong Q3, helped by sales of paperbacks and non-book goods.

    By March 4, 2016
  • Consumer confidence drops on economic insecurities

    The index’s snapshot of consumer sentiment suggests that the economy’s bounce from the Great Recession is not reaching everyone sufficiently.

    By March 4, 2016
  • Costco raising minimum starting hourly pay

    While Costco institutes wage increases for the top end of its pay scale every year, it's been nine years since the low end has seen a hike.

    By March 4, 2016
  • American Eagle reports healthy Q4, even healthier expectations

    The teen apparel retailer is being boosted by sales at its Aerie brand, which features "real" women as models and eschews photoshopping in promotions.

    By March 3, 2016
  • Target announces major changes to enhance in-store experience

    The retailer, which also announced a collaboration with Finnish design company Marimekko, says it aims to be Americans’ all-around retailer.

    By March 3, 2016
  • Costco misses expectations as wealthier shoppers tighten purse strings

    Members appear to be scaling back spending as the volatile stock market hits their wallets.

    By March 3, 2016
  • Theft-prevention tag maker Checkpoint acquired for $443m

    Checkpoint Systems offers advanced RFID inventory control systems that help retailers track and secure merchandise from source to shelf.

    By Ian P. Murphy • March 3, 2016
  • Why low gas prices don't bug Costco

    Low fuel prices hurt the warehouse retailer less than other station retailers, for a number of reasons.

    By March 2, 2016
  • Abercrombie shows surprising strength in Q4

    The retailer’s merchandising changes have enabled it to ease up on heavy discounting in addition to selling more, according to its report.

    By March 2, 2016
  • ModCloth hires 3 execs to help with brick-and-mortar expansion

    The retailer enjoys a strong sense of self and loyalty among its shoppers, which it calls its “community.”

    By March 2, 2016
  • Deep Dive

    Was Ron Johnson right?

    Ron Johnson’s time at J.C. Penney is universally seen as a disaster. But what if some of the ideas he had are exactly what department stores need today?

    By Kelsey Lindsey • March 1, 2016
  • Sports Authority files for bankruptcy

    The company will close or sell around 140 stores in the upcoming months. 

    By Kelsey Lindsey • March 1, 2016
  • Jet buys home furnishings e-retailer Hayneedle

    The acquisition brings the upstart online marketplace an array of household goods.

    By Ian P. Murphy • March 1, 2016
  • Report: Sports Authority may sell stores to Dick's

    But nothing will happen until the struggling Sports Authority files for bankruptcy, sources told Bloomberg.

    By March 1, 2016
  • Dollar Tree storefront.
    Image attribution tooltip
    The image by Mike Mozart is licensed under CC BY 2.0
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    Dollar Tree misses expectations after Family Dollar acquisition

    Even an improving economy is failing to dent consumers' need for low prices.

    By March 1, 2016
  • Amazon unsettles UK grocery market with Morrisons deal

    The U.K. supermarket space is seeing turmoil, with pricing and delivery wars rampant.

    By March 1, 2016
  • Lumber Liquidators taps Lowe's vet during 'pivotal time'

    Dennis R. Knowles comes aboard as COO amid worse-than-expected sales and fears of a cancer risk in the retailer's laminate flooring.

    By March 1, 2016
  • Amazon veteran joins Target in supply chain fix

    Arthur Valdez has been an operations executive at Amazon for 16 years.

    By March 1, 2016
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    Fotolia
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    Cardlytics unveils consumer insights data product

    The data intelligence provider's Platform Solutions will measure the impact of campaigns and help hone segmentation. 

    By Ian P. Murphy • Feb. 29, 2016
  • Wayfair reports strong sales as more customers return to buy

    The e-retailer and its sites benefited greatly from strong holiday sales, and its repeat-customer number is especially notable.

    By Feb. 29, 2016
  • Zappos wants to make Leap Day a national holiday

    The company gave all of its 1,600 employees Feb. 29 off, including those at its 24-hour, seven-days-a-week call center.

    By Feb. 29, 2016
  • J.C. Penney's luxury it can now afford: paying down debt

    In its earnings report last week, the rebounding retailer put an emphasis on cost-trimming and debt reduction.

    By Feb. 29, 2016
  • Wal-Mart to train store managers in new customer service academies

    The move comes as the retailer is spending $1 billion on boosting wages and training for workers. 

    By Feb. 29, 2016
  • WSJ: Alibaba seeking $4b to expand

    Unnamed sources say the Chinese e-commerce giant has plans to expand in part through acquisitions, building on its billion-dollar efforts last year.

    By Feb. 26, 2016
  • Shopgate promotes Biel to CEO

    The mobile commerce startup is readying for a major expansion upon its imminent move to Austin, TX.  

    By Ian P. Murphy • Feb. 26, 2016