Financial News: Page
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Amazon nearly doubles lobbying spend with focus on delivery
To get its delivery ambitions (sometimes literally) off the ground, Amazon is ramping up its time with the U.S. government.
By Daphne Howland • March 21, 2016 -
Report: Many 'most valuable' malls share six key tenants
Nordstrom, Apple, and Lululemon are among the six retail companies that are helping malls and other retailers.
By Daphne Howland • March 21, 2016 -
Wal-Mart bribery probe limps to an end
Wal-Mart seems to have been a bit sloppy in its dealing with bureaucracies in other countries, but that might be the worst of it.
By Daphne Howland • March 21, 2016 -
Macy's hiring expert to explore real estate options
Activist investors are pressuring the retailer to unlock value from its vast real estate portfolio.
By Daphne Howland • March 21, 2016 -
Deep Dive
Retail Therapy: Mr. West goes to Build-A-Bear
This week, Kanye West went to Build-A-Bear Workshop. And he didn't look happy about it.
By Kelsey Lindsey • March 18, 2016 -
"Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0
Staples, Office Depot: FTC 'simply wrong' in trying to block merger
The retailers said the FTC "cherry picked" facts in trying to block the proposed merger between the two companies.
By Kelsey Lindsey • March 18, 2016 -
U.S. Senate bill aims at reining in activist investors
Investor activism is on the rise—and for retailers, that's not always for the better.
By Daphne Howland • March 18, 2016 -
Uniqlo expands apparel sales to Spring's m-commerce marketplace
The Spring deal represents the first third-party seller agreement for the Japanese fast-fashion chain.
By Ian P. Murphy • March 18, 2016 -
J. Crew sees improved results on cost-cutting, Madewell brand
The retailer’s flagship brand is suffering more than its lower-priced Madewell and Mercantile brands.
By Daphne Howland • March 18, 2016 -
Aeropostale failing to recover with another weak quarter
CEO Julian R. Geiger said that consumers are responding well to its spring merchandise, but it's failing to see the same success as its rivals.
By Daphne Howland • March 18, 2016 -
Deep Dive
Newegg: The bane of patent trolls' existence
The electronics retailer long ago decided it would never settle a patent case—and became something of a folk hero in the process.
By Daphne Howland • March 17, 2016 -
Sports Authority suing vendors over consignment sales
The distressed retailer is fighting demands to sell their goods and cough up the proceeds, saying that doing so would hurt its operations as it struggles to regroup.
By Daphne Howland • March 17, 2016 -
Lowe's brings the home to life in new millennial-focused ads
The new spots feature a talking pink flamingo and unicorn to target young homeowners.
By Ian P. Murphy • March 17, 2016 -
LivingSocial lays off more than half its staff
Like rival Groupon, the marketplace and deals site is struggling as both consumers and retailers edge away.
By Daphne Howland • March 17, 2016 -
Deep Dive
Humans in retail: The importance of store associates in a digital age
Omnichannel is a must, mobile is driving everything, and technology is key. But all that just makes store employees that much more important.
By Daphne Howland • March 16, 2016 -
Los Angeles luxury malls getting makeovers to lure consumers
L.A.'s Beverly Center and Westfield Century City are set for massive renovations to maintain their commercial viability.
By Ian P. Murphy • March 16, 2016 -
J.C. Penney vows change after customer service scores plummet
Executives promised store managers that they’ll see much less paperwork in order to better attend to customers.
By Daphne Howland • March 16, 2016 -
FTC brings action against Lord & Taylor over deceptive ads
Legislators say the department store chain flouted disclosure regulations in promoting its Design Lab line.
By Ian P. Murphy • March 16, 2016 -
REI's record membership growth boosts online, in-store sales
The retailer also said its attention-getting #OptOutside campaign over the Black Friday weekend was a winner.
By Daphne Howland • March 16, 2016 -
Neiman Marcus stumbles during all-important holiday season
Neiman Marcus' decline at the holidays is unusual—and a sign of tough times in luxury and department stores.
By Daphne Howland • March 16, 2016 -
DSW beefs up kids' assortment to draw in more parents
CEO Roger Rawlins characterized DSW stores as a “weapon,” helping it compete in both the physical and digital retail spaces.
By Daphne Howland • March 16, 2016 -
NRF: Retail sales growth slows to near-standstill
Consumers didn’t readily fling open their wallets in Februrary, but the NRF is sanguine about the rest of the year.
By Daphne Howland • March 16, 2016 -
Deep Dive
How Sports Authority went bankrupt—and who could be next to fall
Why did one of the country’s biggest sporting goods retailers fail?
By Lara Ewen • March 15, 2016 -
Kohl's turnaround includes revamping Sonoma brand
Kohl's has struggled in its turnaround, and sees its private-label brands as critical to its success.
By Daphne Howland • March 15, 2016 -
Costco phasing out tobacco sales in most stores
Unlike CVS, which had a philosophical reason to end tobacco sales, Costco says it wants those shelves for other products.
By Daphne Howland • March 15, 2016