Financial News: Page 336
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After Costco loss, Amex's position slipping in the marketplace
Costco defection, higher swipe fees continue to hurt prestigious brand.
By Ian P. Murphy • Oct. 16, 2015 -
Apple's retail store 'fanboy' dies
Gary Allen had a special appreciation for Apple’s stores and its employees, and traveled the world to find them.
By Daphne Howland • Oct. 16, 2015 -
Two major retailers delay IPOs
Both Albertsons and Neiman Marcus are choosing to wait and see if the market will rally so they can raise the cash they’re hoping for.
By Daphne Howland • Oct. 16, 2015 -
Retail execs curb travel to Bangladesh factories after deaths
Several global brands have canceled executive trips to Dhaka, Bangladesh after two foreigners were killed in the city.
By Daphne Howland • Oct. 16, 2015 -
Deep Dive
Who are the 'best-performing' retail CEOs in the world?
Ten retail CEOs made the Harvard Business Review’s annual ranking of chief executives.
By Kelsey Lindsey • Oct. 15, 2015 -
Wal-Mart spooks Wall Street with disappointing outlook
The retailer admitted that it has work to do that will take time and money. But Wall Street isn’t exactly known for its patience.
By Daphne Howland • Oct. 15, 2015 -
Square files for IPO
The company founder and CEO Jack Dorsey has recently filled the top spot at Twitter.
By Ian P. Murphy • Oct. 15, 2015 -
Facing rising competition, Birchbox launches in-house makeup brand
The move is part of on-going efforts to boost sales beyond Birchbox's sample subscriptions.
By Daphne Howland • Oct. 15, 2015 -
Martha Stewart regrets not buying Kmart
Stewart said she fought with a "less bold" Martha Stewart Living executive who was against acquiring the retailer.
By Daphne Howland • Oct. 15, 2015 -
September retail sales miss expectations
Despite a drop of fuel prices, consumers seem to be losing confidence ahead of the holidays.
By Daphne Howland • Oct. 14, 2015 -
Under Armour COO/CFO leaving next year
Brad Dickerson, who helped oversee the retailer’s significant growth in the past decade, is taking a position outside the sportswear industry.
By Daphne Howland • Oct. 14, 2015 -
Target and Who What Wear partner on high-fashion collections
Unlike many of Target's here-today-gone-tomorrow designer lines, this new collaboration will be stocked in stores year-round.
By Daphne Howland • Oct. 14, 2015 -
Study: Retail industry a bit stumped on growth strategies
Complex, rapidly evolving technology is making digital investments difficult, but stores are getting short shrift, too, a HRC study found.
By Daphne Howland • Oct. 14, 2015 -
Kohl's expands same-day delivery as holiday rush nears
Shoppers may take advantage of in-store pickup and various delivery options to avoid crowded holiday shopping.
By Daphne Howland • Oct. 13, 2015 -
Staples, Office Depot agree to extend merger decision deadline
The FTC and EU have both stepped up their scrutiny of the merger.
By Daphne Howland • Oct. 12, 2015 -
Amazon assessing its corporate culture through feedback system
The program invites feedback from employees on a number of issues that it’s analyzing, Bloomberg reports.
By Daphne Howland • Oct. 12, 2015 -
Wal-Mart announces two big executive shifts
The company’s CFO is retiring after more than two decades at the company, and the chief merchant role has been filled.
By Daphne Howland • Oct. 12, 2015 -
Sears acquires WallyHome IoT unit
The deal shows that Sears sees great promise in the Internet of Things, an area that is a natural fit for the struggling retailer.
By Daphne Howland • Oct. 9, 2015 -
Uniqlo scaling back its US ambitions after earnings miss estimates
The company says it hasn’t found the same level of success at American malls that it’s found in its urban locations here.
By Daphne Howland • Oct. 9, 2015 -
NRF: Holiday retail sales growth to slow this year
But e-commerce sales could increase as much as 8%, outpacing last year’s healthy 5.8% bump.
By Daphne Howland • Oct. 9, 2015 -
Banana Republic creative director leaves as brand struggles
Designer Marissa Webb joined the retailer in April 2014.
By Daphne Howland • Oct. 9, 2015 -
H&M to release new cosmetics line ahead of holidays
The fast-fashion retailer is also releasing its long-awaited collection from French couturier Balmain.
By Ian P. Murphy • Oct. 9, 2015 -
Deep Dive
Can American Apparel make a comeback?
Filing for Chapter 11 bankruptcy protection is the retailer’s last-ditch attempt to salvage its business.
By Daphne Howland • Oct. 8, 2015 -
Gilt Groupe cutting 45 jobs as CMO and international chief leave
Gilt has seen its once-dazzling fortunes decline, along with those of the flash-sales concept in general.
By Daphne Howland • Oct. 8, 2015 -
TJX CEO Carol Meyrowitz to step down
Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirement.
By Daphne Howland • Oct. 7, 2015