Financial News: Page 341
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Reports: Wal-Mart to cut about 450 jobs at HQ
The Wall Street Journal broke the news Wednesday, but the retailer has yet to confirm the report.
By Daphne Howland • Oct. 2, 2015 -
Analysts: Old Navy president's move to Ralph Lauren a blow to Gap Inc.
It’s no wonder that Stefan Larsson, who did wonders at Gap’s lower-priced brand, was scooped up by Ralph Lauren. But what will Gap do now?
By Daphne Howland • Oct. 1, 2015 -
Kohl's testing cafes in stores to up shopper traffic
The experiment in two stores near its Milwaukee-area headquarters comes as Kohl’s is having trouble getting its turnaround efforts to stick.
By Daphne Howland • Oct. 1, 2015 -
Thrillist, JackThreads to separate amid new funding rounds
Both the media company and the flash-sales retail site will now have a chance to focus on their separate needs and goals.
By Daphne Howland • Oct. 1, 2015 -
Digital shopping will rise this holiday season
But that won’t translate to much of a boost in sales, according to Deloitte’s annual holiday forecast.
By Daphne Howland • Sept. 30, 2015 -
Target vastly broadens price-matching policy
The retailer announced that as of Thursday, it will match the prices of 29 rivals, including online prices.
By Daphne Howland • Sept. 30, 2015 -
L.L. Bean still struggling to meet demand for signature boots
The company refuses to outsource production of the boots or change its manufacturing methods much.
By Daphne Howland • Sept. 30, 2015 -
UPDATED: Ralph Lauren to step down as CEO
Old Navy president Stefan Larsson has been named as his successor.
By Kelsey Lindsey • Sept. 29, 2015 -
Gap expanding life skills education for female factory workers
Gap’s P.A.C.E. program includes classes in communications skills, financial literacy, stress management, problem-solving, and decision-making.
By Daphne Howland • Sept. 29, 2015 -
Target broadens its list of problematic chemicals in consumer goods
An advocacy group lauds the programs from Target and Wal-Mart to limit harmful chemicals, but says they could be even stronger.
By Daphne Howland • Sept. 29, 2015 -
Bonobos hires first chief people officer as it rapidly grows
The move comes with founder Andy Dunn back at the helm after briefly stepping down as CEO.
By Daphne Howland • Sept. 29, 2015 -
Deep Dive
Customer trust: Hard won, easily lost
Retailers have an enormous number of opportunities—online, in store, on mobile, and through marketing—to forge, maintain, or break their customers’ trust.
By Daphne Howland • Sept. 28, 2015 -
American Apparel warned of being delisted from NYSE
The struggling retailer hasn’t met the New York Stock Exchange's listing standards.
By Daphne Howland • Sept. 28, 2015 -
Ross Stores to expand as off-price segment heats up
The discount space for apparel and home goods is getting more competitive, which could be bad news for retailers with higher-priced flagship brands.
By Daphne Howland • Sept. 28, 2015 -
E-book sales aren't really falling, except for traditional publishers: Fortune
Rather than a triumph of print over digital books, the figures are attributed in part to greater sales of independently published books.
By Daphne Howland • Sept. 25, 2015 -
Adidas addresses environmental impact of clothing manufacture
The company will look to develop products that can be recycled many times over, eschew chemical additives, and create near-zero waste.
By Daphne Howland • Sept. 25, 2015 -
Cole Haan employs Instagram to sell direct in app
The retailer brings Instagram images into its app, where shoppers can browse and buy.
By Ian P. Murphy • Sept. 25, 2015 -
Nike posts big profit jump thanks to China sales
China’s economy may have hit the brakes this summer, but Nike sales there haven’t.
By Daphne Howland • Sept. 25, 2015 -
H&M unfazed by China's economic stumbles
The retailer’s planned expansion of some 240 stores will be mostly in the U.S. and China.
By Daphne Howland • Sept. 25, 2015 -
Google adds to cybersecurity firm's financing
Zscaler now valued more than $1 billion.
By Ian P. Murphy • Sept. 25, 2015 -
Holiday sales to see only modest rise this year
Due to the stubborn wage gap in the U.S., a new Deloitte forecast says the holidays won’t be so very merry this year for retailers.
By Daphne Howland • Sept. 24, 2015 -
J.C. Penney promotes new chief merchant from its own ranks
J.C. Penney is among the retailers sticking with the old-fashioned chief merchant rather than algorithm-centric executives.
By Daphne Howland • Sept. 24, 2015 -
Deep Dive
In an age of disruption, where is Wal-Mart going?
Wal-Mart was once retail's biggest disrupter. But now that retail has responded, it may have to figure out how to keep up.
By Daphne Howland • Sept. 23, 2015 -
Analysts: Primark is a 'new threat' to some US retailers
Any big impact likely won’t be felt by competitors until Primark launches many more stores in the U.S.—but that could happen.
By Daphne Howland • Sept. 23, 2015 -
Amazon offering $67 Prime memberships to celebrate Emmy nods
The deal, only available Friday, shows that Amazon will continue to be creative about boosting its Prime membership.
By Daphne Howland • Sept. 23, 2015