Financial News: Page 337


  • Lululemon stock shoots up 6.5% during volatile day

    Monday was an up-and-down day on Wall Street, but Lululemon's stock rose on the news that several analysts had upgraded their outlooks. 

    By Jan. 5, 2016
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    Amazon falls 6% after downgrade

    The company's stock fell after analysts questioned whether its growth investments would deliver in 2016 as they did last year.

    By Jan. 5, 2016
  • Target names new chief stores officer amid turnaround efforts

    Long-time head of stores Tina Tyler won’t be sticking around, as CEO Brian Cornell continues to reshape his leadership team. 

    By Jan. 5, 2016
  • China stocks fall, triggers global tumble

    China has been the stage for major expansions by several retailers, thanks to a burgeoning middle class, and many worry that a slowdown in its economy, the world’s second largest, could spell trouble.

    By Jan. 4, 2016
  • El Niño's warm weather is costing retailers $500M

    And the hit will continue into the spring and fall, experts say.

    By Jan. 4, 2016
  • Target to focus on opening small, urban stores in 2016

    Last year, the company did away with specialized names “CityTarget” and “TargetExpress,” rebranding every store to just “Target” regardless of size or location.

    By Jan. 4, 2016
  • Tech-based retail startups could face a tough year

    Tech and web-based startups in 2016 could struggle to garner the kind of private funding they’ve enjoyed in recent years, and the reception for IPOs may not be much warmer.

    By Jan. 4, 2016
  • Icahn wins Pep Boys for $1B plus

    For Pep Boys, the deal likely means major change.

    By Dec. 31, 2015
  • Amazon happily shares some solid holiday numbers

    Last week the e-commerce giant sent out a boastful holiday missive with a litany of its accomplishments.

    By Dec. 28, 2015
  • Heavy numbers of holiday orders slow USPS site

    The postal service’s tracking site was slow at one point Tuesday morning due to 'unprecedented' demand.

    By Dec. 23, 2015
  • Abercrombie ends its CEO search

    The teen retailer is also shaking up its executive team. 

    By Dec. 23, 2015
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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    J.C. Penney appoints new CIO

    The former Target executive will be Penney's fifth CIO since 2011. 

    By Ian P. Murphy • Dec. 22, 2015
  • Apple veteran will help Alibaba head off counterfeits

    IP wunderkind has helped Apple, Pfizer fight fakes in the past.

    By Ian P. Murphy • Dec. 22, 2015
  • FTC rejects Staples' revised deal to buy Office Depot

    Staples says it's willing to divest business contracts worth $1.25 billion, up from $500 million.

    By Dec. 22, 2015
  • Wal-Mart taps new marketing chief

    The company is turning to company veteran Tony Rogers, who may be set to make some big changes to the retailer’s U.S. marketing approach.

    By Dec. 21, 2015
  • Retailers continue to slash prices as Christmas looms

    With consumers patient and keen on discounts and time running out, retailers have little choice.

    By Dec. 21, 2015
  • US trade office warns Alibaba over fakes

    Although the U.S. Trade Representative’s report didn’t name Alibaba on its blacklist, it did say the Chinese conglomerate and its online marketplaces need to work harder to excise counterfeits.

    By Dec. 18, 2015
  • Hedge fund Cerberus throws a lifeline to struggling Avon

    The $605 million dollar deal could help salvage the company’s fortunes.

    By Dec. 18, 2015
  • Apple alters top management

    The change-up is not so much a shift in strategy but a continuation of the mark Cook is making on the company since the death of founder-CEO Steve Jobs.

    By Dec. 18, 2015
  • 'Secret Santas' paying off layaway orders nationwide

    Anonymous donors and charities aim to take some pressure off struggling families during the holidays.

    By Dec. 17, 2015
  • One Kings Lane lays off more staff, top execs

    The developments highlight the limits of the flash-sales model.

    By Dec. 17, 2015
  • A picture of the exterior of a CVS Pharmacy with the logo and name in view.
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    Bruce Bennett via Getty Images
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    CVS Health completes acquisition of Target pharmacy, clinic business

    CVS may be the poster child for a new healthcare retail environment that has several drugstores rebranding themselves more broadly as medical and wellness clinics.

    By Dec. 17, 2015
  • What the Federal Reserve's interest rate hike means for retailers

    The increase, and the likelihood of future increases in 2016, is expected to negatively impact consumer lending and spending, and tighten the fundraising environment for retail startups. 

    By Kelsey Lindsey • Dec. 16, 2015
  • Study: 40% of consumers say they'll spend less if interest rates rise

    A rate hike could help head off inflation and would be a sign that the Fed has faith in the economy. But retailers could be hit hard in the aftermath.

    By Dec. 16, 2015
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    Warm weather brings not-too-sunny forecast for apparel sales

    Sweaters, boots, and coats could see some extreme discounts by January, and spring weather could confound retailers again.

    By Dec. 16, 2015