Financial News: Page 336
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Retail exec bringing upscale vibe to Apple stores
Angela Ahrendts has been decisive in her moves, from revitalizing store employee morale to bringing in top-notch peripherals.
By Daphne Howland • Dec. 9, 2015 -
Staples shareholders anxious as FTC moves against deal
Staples' share price fell 14% Monday and another 8% Tuesday.
By Daphne Howland • Dec. 9, 2015 -
Activist investor Carl Icahn angling for Pep Boys
Icahn has acquired one-eighth of Pep Boys' stock and has topped Bridgestone’s $835 million offer. But what's really in it for him?
By Daphne Howland • Dec. 8, 2015 -
Restoration Hardware is getting closer to clothing sales
The retailer’s CEO has been talking about a move into apparel and accessories since the company’s 2012 acquisition of apparel brand Hierarchy.
By Daphne Howland • Dec. 8, 2015 -
FTC moves to block Staples' $6.3B Office Depot merger
The companies say they’ll fight, but any resolution could take years.
By Daphne Howland • Dec. 8, 2015 -
Nordstrom ramps up tech investments with Shoes of Prey financing
Nordstrom’s tech savvy could set it apart from other department stores, many experts say.
By Daphne Howland • Dec. 8, 2015 -
Is Costco 'Amazon proof'?
At least one analyst believes that Costco has a string of advantages that makes it so.
By Daphne Howland • Dec. 7, 2015 -
Zappos new ad surprises 1,900 Hanover households with gifts
Zappos employees deliver boxes full of merchandise under the cover of darkness in the new video.
By Ian P. Murphy • Dec. 7, 2015 -
Dov Charney pursuing bid to take back American Apparel
The company’s founder, who was ousted in a bitter battle last year, has submitted an “indication of interest” and is working with an investment bank to explore a return to power.
By Daphne Howland • Dec. 7, 2015 -
J. Crew names new CFO as loss widens
The struggling retailer also said its Q3 revenue fell 5.5%.
By Daphne Howland • Dec. 7, 2015 -
Deep Dive
Retail Therapy: All the (wannabe) Presidents' ugly sweaters
Every week, we bring you the most interesting retail news from around the Web.
By Kelsey Lindsey • Dec. 4, 2015 -
NJ town blames Amazon for traffic troubles
The town of Robbinsville, N.J., is threatening to shut down one of the retailer's busy fulfillment centers.
By Ian P. Murphy • Dec. 4, 2015 -
Is Barnes & Noble righting the ship?
The retailer’s pivot to sell more than books (and Nook products) appears to be paying off.
By Daphne Howland • Dec. 4, 2015 -
Clothing retailers' shares drop on sluggish apparel sales
But overall retailers are poised to have a good holiday season, according to RetailNext.
By Daphne Howland • Dec. 4, 2015 -
Sears continues to struggle despite strengths
The retail company narrowed its loss in Q3 due to fewer one-time expenses.
By Daphne Howland • Dec. 4, 2015 -
Amazon Prime attracting wealthier, younger members
This could spell trouble for Wal-Mart and Target, as a new report suggests that membership is becoming stickier.
By Daphne Howland • Dec. 4, 2015 -
Costco shares surge on same-store sales rise
The country’s second-largest retailer had a good Black Friday too, notable considering it stayed closed on Thanksgiving.
By Daphne Howland • Dec. 4, 2015 -
Deep Dive
What's happening in pet supplies retail—and what's next
Growing pet ownership and pet love is leading Americans to spend more on food, toys, and other products. But competition is fierce and growth isn't necessarily smooth.
By Daphne Howland • Dec. 3, 2015 -
Report: Black Friday-Cyber Monday discounts were few and fleeting
Despite widespread marketing, shoppers weren’t much impressed with discounts on Black Friday, according to research from Boomerang Commerce.
By Daphne Howland • Dec. 3, 2015 -
Cabela's exploring strategic alternatives, including a sale
Activist investor Elliott Management last month disclosed an 11% stake in the retailer and was said to be urging a sale or other ways to unlock value in the struggling retailer.
By Daphne Howland • Dec. 3, 2015 -
American Eagle officially names CEO as sales rise
The retailer has some momentum these days as it finally taps its new CEO, interim chief and previous chief Jay L. Schottenstein.
By Daphne Howland • Dec. 3, 2015 -
FBI says gun sales surged on Black Friday
The Federal Bureau of Investigation said it processed two background checks per second on the shopping day.
By Daphne Howland • Dec. 3, 2015 -
Nick Cannon to lead creative for reborn RadioShack
The entertainer will develop new products and events for the struggling electronics retailer.
By Ian P. Murphy • Dec. 3, 2015 -
Birchbox taps Sephora, Apple vets as it eyes new store growth
There’s perhaps no better way to take on the competition than to bring in an executive with experience at one of your most formidable rivals.
By Daphne Howland • Dec. 2, 2015 -
Deep Dive
Cyber Monday: What happened on the biggest e-commerce sales day ever
The big story this year? Mobile was "the dominant shopping trend."
By Kelsey Lindsey • Dec. 1, 2015