Financial News: Page 337
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Amazon teases 'Prime Air' drone delivery fleet in video
The retailer plans to take to the skies worldwide with 30-minute deliveries.
By Ian P. Murphy • Dec. 1, 2015 -
Report of blocked deal sends Staples, Office Depot shares down
According to the New York Post, the FTC is very concerned about the merger’s effect on the business-supplies side of the retail space.
By Daphne Howland • Dec. 1, 2015 -
New CEO reveals plan to revive Wet Seal
The teen-focused retailer is emerging from bankruptcy with a reprieve from its liquidity issues but has a big challenge in front of it — how to return to its former glory.
By Daphne Howland • Dec. 1, 2015 -
Deep Dive
5 takeaways from this year's Black Friday
As consumer spending habits change, retailers responded with online deals and a blending of digital and in-store channels.
By Kelsey Lindsey • Nov. 30, 2015 -
Macy's CEO: Death of brick and mortar greatly exaggerated
Its CEO praised the store experience despite Black Friday concerns.
By Daphne Howland • Nov. 30, 2015 -
Toys R Us CEO: Toy sales may disappoint this year
The toy retailer has reversed last year's sales decline by cutting costs and developing popular toys not available at competitors, but that may not be quite enough to fuel big growth.
By Daphne Howland • Nov. 30, 2015 -
Deep Dive
A retailer's guide to Black Friday
The biggest shopping weekend of the year is here. Here are three trends to watch, five Twitter accounts to follow, and more.
By Kelsey Lindsey • Nov. 25, 2015 -
Everlane to give Black Friday profits to its factory workers
The web apparel retailer’s CEO-founder says the money will go to create wellness and education programs for its Los Angeles factory workers.
By Daphne Howland • Nov. 25, 2015 -
Jet lands $350M Series B funding
The funding values Jet at over $1 billion just four months after its July launch.
By Daphne Howland • Nov. 25, 2015 -
With settlement, Target gets closer to shutting the door on Canada
The retailer reached a settlement with RioCan Real Estate Investment Trust over 18 leases it abandoned when it left the Canadian market earlier this year.
By Daphne Howland • Nov. 24, 2015 -
Reuters: Wal-Mart failed to expand workforce even as it opened more stores
The condition of Wal-Mart stores may be due to a failure to hire enough workers. The fix, plus the retailer’s higher wages, could be expensive.
By Daphne Howland • Nov. 23, 2015 -
Cabela's weighing its options amid sales slump
Activist investor Elliott Management last month disclosed an 11% stake in Cabela's and is said to be urging a sale.
By Daphne Howland • Nov. 23, 2015 -
Analysts worry about GameStop as digital game sales rise
The retailer has fought the good fight but may find that video games can’t be its major product offering.
By Daphne Howland • Nov. 23, 2015 -
Petco announces $4.6B sale to CVC, Canadian Pension
The buyout comes in place of an IPO.
By Daphne Howland • Nov. 23, 2015 -
Old Navy once again buoys Gap in Q3
The brand continues to be Gap’s strong suit, but CEO Abe Peck said that Gap’s spring collection will be strong.
By Daphne Howland • Nov. 20, 2015 -
Abercrombie & Fitch's pivot from heavy discounts pays off
But executive chairman Arthur Martinez expects a “very intense promotional drumbeat” this holiday season.
By Daphne Howland • Nov. 20, 2015 -
NRF predicts big Black Friday crowds
But there are a few forces in play that could keep shoppers home.
By Daphne Howland • Nov. 20, 2015 -
51% of Americans plan to shop on Amazon this holiday season
Amazon is looming over the holidays as Americans’ go-to choice for shopping online, according to a Reuters/Ipsos poll.
By Daphne Howland • Nov. 20, 2015 -
Best Buy dragged down by declining sales of some devices
The struggling electronics retailer also warned that the holidays could disappoint.
By Daphne Howland • Nov. 19, 2015 -
Sephora's new 'Beauty TIP' store is heavy on the tech
The new store concept is designed for consumers to “teach, inspire and play.”
By Daphne Howland • Nov. 19, 2015 -
L Brands profit up thanks to Victoria's Secret sales
L Brands CEO Leslie H. Wexner demonstrated a fair bit of swagger while talking to investors Tuesday before the earnings report.
By Daphne Howland • Nov. 19, 2015 -
Martha Stewart leaves eBay for Amazon's Handmade marketplace
The style maven is hoping the e-retail giant’s reach and fulfillment capacity can help her comeback efforts.
By Daphne Howland • Nov. 18, 2015 -
Target boosts annual earnings forecast after profit rises
In sharp contrast to Wal-Mart, the retailer’s e-commerce sales grew 20% in the third quarter.
By Daphne Howland • Nov. 18, 2015 -
Retrieved from Walmart on April 18, 2012
Despite e-commerce efforts, Wal-Mart still struggling online
With just 3% of sales from its site, the retailer is in a pickle when it comes to prioritizing e-commerce.
By Daphne Howland • Nov. 18, 2015 -
Sales of Wal-Mart's Patti LaBelle pies skyrocket after viral video
Singer James Wright's video is not the stuff of corporate marketing, yet it's a marketer’s dream: fun and hugely effective.
By Daphne Howland • Nov. 18, 2015