Financial News: Page 335


  • J.C. Penney to re-enter appliance sales after 33 years

    The move is the first major initiative by CEO Marvin Ellison, who arrived in August from Home Depot to boost growth.

    By Jan. 20, 2016
  • Macy's shares get a lift after hedge fund investment

    The investment puts more focus on the company’s real estate portfolio, but not so much on its retail strategy.

    By Jan. 20, 2016
  • Deep Dive

    NRF 2016: Why brick-and-mortar retail faces a shakeout

    Expect turnarounds, bankruptcies, and store closings to dominate the headlines in 2016.

    By Davide Savenije • Jan. 20, 2016
  • Image attribution tooltip
    Retrieved from Amazon on January 19, 2016
    Image attribution tooltip

    The first appliances in Amazon's Dash Replenishment program go live

    Amazon appears to be betting on the idea that it can bypass other retailers if they eliminate the need for consumers to actively make necessary-yet-unexciting purchases. 

    By Ian P. Murphy • Jan. 19, 2016
  • Adidas names former Henkel chief as new CEO

    Kasper Rorsted has many admirers and a good track record, but faces the challenge of regaining market share lost to Under Armour. 

    By Jan. 19, 2016
  • December sales dip as consumers end the year more cautious

    Many consumers are pocketing their fuel savings rather than plowing it into spending, due in part to stagnate wages. 

    By Jan. 19, 2016
  • Lululemon hires former Target digital exec

    Alan Wizemann helped develop Target's popular Cartwheel app. 

    By Ian P. Murphy • Jan. 18, 2016
  • Deep Dive

    Retail Therapy: El Chapo's fabulous shirt choice and a finger-losing Wal-Mart brawl

    Every week, we bring you some of the most interesting retail reads from around the Web. 

    By Kelsey Lindsey • Jan. 15, 2016
  • Wal-Mart to close 269 stores, shut down 'Walmart Express'

    The retail giant plans to turn its focus to boosting Supercenters, fine-tuning Neighborhood Markets, growing its e-commerce operations, and expanding in-store pickup. 

    By Davide Savenije • Jan. 15, 2016
  • Image attribution tooltip
    Courtesy of Burberry
    Image attribution tooltip

    China, e-commerce bolster Burberry's sales growth

    Economic uncertainties have hit most luxury brands hard. 

    By Ian P. Murphy • Jan. 15, 2016
  • American Apparel board rejects takeover bid from Charney-allied investors

    Meanwhile, the bankruptcy judge overseeing the retailer’s restructuring says Charney and witnesses favorable to his return can testify at a hearing scheduled for Jan. 20.

    By Jan. 15, 2016
  • Lowe's to hire 15% more seasonal workers this year

    The retailer has also hired a new chief human resources officer.

    By Jan. 15, 2016
  • Kohl's to replace J.C. Penney as Academy Awards sponsor after 14 years

    The move will support the relaunch of the chain's private-label Sonoma brand. 

    By Ian P. Murphy • Jan. 15, 2016
  • Tiffany emphasizes trademarks in new marketing campaign

    The luxury jeweler recently sued Costco over the use of its name, which has become a common descriptor.

    By Ian P. Murphy • Jan. 14, 2016
  • Best Buy holiday sales miss, shares fall 11%

    Weak demand for smartphones drove the retailer to lower its sales outlook.

    By Jan. 14, 2016
  • Pitney Bowes buys cloud software firm to boost shipping logistics for e-commerce

    The acquisition of Enroute Systems Corp. will help clients find shipping options and track packages.

    By Ian P. Murphy • Jan. 14, 2016
  • Why Hudson's Bay bought Gilt Groupe

    The flash-sales concept has more or less collapsed, but the purchase solves one of the model's biggest problems.

    By Jan. 14, 2016
  • Deep Dive

    Can the American department store be saved? 10 retail experts weigh in

    After much instability in the space, one thing is clear — change is needed. 

    By Kelsey Lindsey • Jan. 13, 2016
  • Under Armour falls after analyst cites failure to appeal to women

    The note comes as a surprise considering statements that the retailer would be boosting its offerings for women.

    By Jan. 13, 2016
  • Retail holiday hiring fell again as e-commerce grows

    This holiday saw e-commerce sales rise 20%, by some measures.

    By Jan. 13, 2016
  • Closing stores may not be the saving grace retailers think it is

    Many retailers are closing stores in an effort to boost profitability, but the move can have a short-term hit to profits without any guarantee of long-term improvement to performance.

    By Jan. 13, 2016
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    Amazon may be fined for hazardous warehouse conditions

    How fair is that “disruption” in delivery or retail if it depends on either brutal working conditions, poor pay, or both?

    By Jan. 13, 2016
  • Deep Dive

    4 forces retailers will have to confront in 2016

    The winners will be the retailers who take the steps necessary to stay in control.

    By Jan. 12, 2016
  • Hedge fund urges Macy's to unleash real estate value

    In a Monday letter, major activist investor Starboard Value praised Macy’s for its capitulation to the idea of selling off some of its property assets.

    By Jan. 12, 2016
  • Amid turnaround, Kohl's mulls going private

    The retailer remains profitable but continues to struggle, and its board is seeking to head off activist investors.

    By Jan. 12, 2016