Financial News: Page 342
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Urban Outfitters warns of slow Q3
The company’s Free People brand continues to be a great support, with Free People Wholesale delivering yet another strong quarter.
By Daphne Howland • Aug. 17, 2015 -
Petco planning an IPO
There’s a lot of movement in the pet supplies space these days, a sign of the changing nature of consumers’ approach to their pets.
By Daphne Howland • Aug. 17, 2015 -
Target continues major revamp of exec suite
The move to promote its CFO to a new COO role comes as Target gets assertive about its omnichannel and merchandising efforts.
By Daphne Howland • Aug. 17, 2015 -
Jeff Bezos responds to scathing NYT story
The article has caused a stir in many circles, but Bezos said that it "doesn't describe the Amazon I know or the caring Amazonians I work with every day.”
By Daphne Howland • Aug. 17, 2015 -
Deep Dive
What the yuan devaluation means for retail
The move last week by the Chinese government to devalue the yuan could have implications for both luxury retailers and other companies exporting and importing into and out of the country.
By Daphne Howland • Aug. 17, 2015 -
Lord & Taylor wins $31M lawsuit against MD mall developer
Despite the courtroom loss, Lerner Enterprise and The Tower Cos. will now be able to begin construction on the new town center without legal concerns looming over the project.
By Sharon O'Malley • Aug. 17, 2015 -
Amazon profile depicts 'brutal' working conditions
A New York Times profile about life inside Amazon paints an unflattering portrait of the large e-retailer.
By Tom Starner • Aug. 17, 2015 -
QVC to buy Zulily for $2.4B
Zulily CEO Darrell Cavens has already favorably compared Zulily to QVC, telling the Wall Street Journal last year that both companies are “very much about discovery-based shopping.”
By Daphne Howland • Aug. 17, 2015 -
Another Target merchandising executive is leaving
The news comes as the company retools its grocery and pharmacy strategy.
By Ian P. Murphy • Aug. 17, 2015 -
Nordstrom's earnings show how department stores can thrive
The retailer’s Q2 results were quite a bit beyond estimates.
By Daphne Howland • Aug. 17, 2015 -
J.C. Penney's recovery includes focus on e-commerce
The retailer is having better success than most these days, and seems to be making the right moves for the future.
By Daphne Howland • Aug. 17, 2015 -
Competitors giving Alibaba a run for its money
The Chinese retail giant may not have counted on such fierce competition in the space it created.
By Daphne Howland • Aug. 17, 2015 -
Belk loyalists show the true strength of a department store
Could a sale be the end of a brand?
By Daphne Howland • Aug. 17, 2015 -
J.C. Penney narrows Q2 loss as sales beat expectations
The mid-priced retailer had a better quarter than Macy's, but has work to do.
By Daphne Howland • Aug. 14, 2015 -
Who What Wear receives $8 million in funding
Amazon is among the investors in the content-rich, shoppable site.
By Ian P. Murphy • Aug. 14, 2015 -
July retail sales bring some hope for last half of 2015
But while July’s numbers showed healthier spending, it wasn’t in consumer goods like electronics or even grocery stores.
By Daphne Howland • Aug. 14, 2015 -
Kohl's 'Greatness Agenda' not quite paying off
In the past two decades, Kohl’s has expanded to be a national retailer. But it's still struggling to meet its growth targets.
By Daphne Howland • Aug. 14, 2015 -
Global Brands looks to China for sales
The company is in talks with e-commerce giants Alibaba and JD.com.
By Ian P. Murphy • Aug. 13, 2015 -
Retail comebacks, aka 'zombie brands,' abound
The revival of several retail brands could be a sign of the power nostalgia has on millennial shoppers.
By Daphne Howland • Aug. 13, 2015 -
Macy's reveals plan to boost its fortunes amid slumping sales
But some initiatives, like its off-price Backstage stores and its international growth plans, have their own downsides.
By Daphne Howland • Aug. 13, 2015 -
American Apparel warns of dwindling funds
Could this mean that founder and ousted CEO Dov Charney might be able to buy back his company?
By Daphne Howland • Aug. 13, 2015 -
Alibaba announces exclusive partnership with Macy's as it eyes new areas of growth
The news comes as Alibaba reported quarterly results that largely missed estimates.
By Daphne Howland • Aug. 12, 2015 -
Birchbox co-CEO to step down ahead of next funding round
The news comes as the company gears for growth outside of its traditional subscription model.
By Daphne Howland • Aug. 12, 2015 -
Staples unveils new 'entrepreneurial store'
The office-supplies retailer is the latest retailer to tap the potential of crowdfunding when choosing what products to carry.
By Daphne Howland • Aug. 12, 2015 -
IPO filings reveal Neiman Marcus's omnichannel ambitions and strategy
The department store chain is focused on expanding its digital presence.
By Ian P. Murphy • Aug. 11, 2015