Financial News: Page 343
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Bed Bath & Beyond to buy artisanal home goods e-retailer Of a Kind
The home goods retailer, which also owns brands Christmas Tree Shops, buybuy BABY, and Cost Plus World Market, in recent months has suffered a share-price slump amid tepid sales.
By Daphne Howland • Aug. 11, 2015 -
Alibaba greatly expands brick-and-mortar presence in China with $4.6B deal
The move aligns Alibaba with Suning, a major electronics retailer in China with an extensive fulfillment network covering 90% of the country.
By Daphne Howland • Aug. 11, 2015 -
Alibaba opens English-language hotline for reporting fakes
The move comes as Alibaba gains steam in its goals for global growth, signing 20 international brands.
By Daphne Howland • Aug. 10, 2015 -
Abercrombie ends contentious on-call scheduling in New York
With an economy that allows workers to be pickier about the jobs they take, more retailers may need to find other ways to trim costs.
By Daphne Howland • Aug. 10, 2015 -
Deep Dive
Retail Therapy: Censorship in the checkout line
Each week, we bring you fun and interesting retail reads from around the web.
By Kelsey Lindsey • Aug. 7, 2015 -
Wal-Mart facing employee backlash over hourly raises
Some of Wal-Mart's workers that had already worked their way up to higher hourly rates are aggrieved that new employees are awarded those rates upon their arrival.
By Daphne Howland • Aug. 7, 2015 -
Xcel Brands is breathing new life into C. Wonder
Fashion Police’s Brad Goreski has been named the retailer’s creative director and will be its on-air personality on QVC next spring.
By Daphne Howland • Aug. 7, 2015 -
Teen retailer Delia's stages a comeback
Delia’s customers received exclamation point-filled emails announcing the return of the brand online. Perhaps best of all, its catalog is back too.
By Daphne Howland • Aug. 7, 2015 -
Shopping center construction failing to keep up with demand
Retailers are compensating for the lack of new-store inventory by moving into older buildings vacated by shuttered businesses.
By Sharon O'Malley • Aug. 6, 2015 -
Lumber Liquidators' struggle continues as Q2 sales tumble
Sales volume was down despite discounts and denials, as the firm faces additional investigations and claims.
By Sharon O'Malley • Aug. 6, 2015 -
Zulily beats expectations, but growth has slowed
Zulily customers wait weeks for orders, and its Draconian return policy seems almost shocking. That's hurting business.
By Daphne Howland • Aug. 6, 2015 -
As Etsy shares plunge, sellers' shift to Amazon 'likely'
Etsy's stock fell below its IPO price despite better-than-expected Q2 results, and it faces fundamental problems that won’t be easy to solve.
By Daphne Howland • Aug. 6, 2015 -
Office Depot struggles in Q2
The business solutions unit fared better this quarter than the overall company, but still saw sales drop.
By Daphne Howland • Aug. 5, 2015 -
From now on Target is just Target, except when it's SuperTarget
The retailer is renaming its 14 urban CityTarget and TargetExpress stores simply “Target,” but is sticking with its grocery-intensive “SuperTarget”.
By Daphne Howland • Aug. 5, 2015 -
Neiman Marcus refiles for public offering two years after sale
The retailer hasn’t sold public shares for a decade.
By Daphne Howland • Aug. 5, 2015 -
Omnichannel strategies, discounts keeping customers in stores: Euclid
Euclid’s mid-year report hints that initiatives from brick-and-mortar stores are finally paying off—but there are worries here too.
By Daphne Howland • Aug. 5, 2015 -
United CFO to join newly public PayPal
PayPal has been in search of a CFO with experience at a large public company with several financial moving parts.
By Daphne Howland • Aug. 5, 2015 -
Uniqlo focuses on China with new Disney partnership
The fast-fashion retailer hopes to open 100 new stores in the country every year, potentially reaching 3,000 locations.
By Ian P. Murphy • Aug. 4, 2015 -
REIT does the trick: Sears turns a profit as sales continue to fall
Q2 sales at the struggling retailer sank again, sending shares to their lowest level in more than 10 years.
By Daphne Howland • Aug. 4, 2015 -
Former Goldman Sachs exec to lead Alibaba expansion abroad
Michael Evans, who’s sat on the Chinese retail giant’s board since its September IPO, has been tapped as president of Alibaba Group.
By Daphne Howland • Aug. 4, 2015 -
Snapdeal snags $500M in venture capital from Alibaba, others
Snapdeal will likely continue to develop its network of sites with the new funding.
By Ian P. Murphy • Aug. 3, 2015 -
Worst wage report on record still holds some good news for retailers
Analysts were startled by the poor numbers released Friday showing the smallest wage gains on record. But some workers are seeing gains, and that could be good for retail.
By Daphne Howland • Aug. 3, 2015 -
H&M's Cos brand quickens global expansion
Cos is hardly going to replace H&M—but it’s proof that there’s more than one way to succeed in apparel retail.
By Daphne Howland • Aug. 3, 2015 -
J.C. Penney's new CEO arrives amid turnaround
Although Marvin Ellison is known as an operations guy, his own experience with J.C. Penney and his humble roots in retail could inform his next moves.
By Daphne Howland • Aug. 3, 2015 -
Yahoo buys social shopping site Polyvore
Flush with cash after Alibaba’s IPO last year, Yahoo is looking to buy its way out of some of the doldrums it finds itself in.
By Daphne Howland • Aug. 3, 2015