Financial News: Page 346
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Retailer finds catering to 'fan girls' a lucrative business
Her Universe's success in catering to female sci-fi and fantasy fans shows there’s money to be made from consumers other businesses ignore.
By Daphne Howland • July 13, 2015 -
Crate and Barrel taps Restoration Hardware exec as CEO
Crate and Barrel has been a bit at sea since the death of long-time executive and board member Barbara Turf, who was known for leading the company with creativity and flair.
By Daphne Howland • July 13, 2015 -
Ascena Retail Group lowering expectations ahead of Ann Inc. acquisition
The company said it would also adjust the book value of its plus-size Lane Bryant brand.
By Daphne Howland • July 13, 2015 -
Dick's creates 'All American Center' with Field & Stream store
The retailer seems to have taken note of the boost its web sales get from physical stores.
By Daphne Howland • July 13, 2015 -
Value-driven J. Crew concept to open this month
J. Crew CEO Mickey Drexler likely knows what he’s doing—he’s the creator of Gap’s Old Navy brand, which has solidly outpaced Gap for several quarters now.
By Daphne Howland • July 13, 2015 -
Toys 'R' Us to refocus merchandise, e-commerce
The retailer is taking its e-commerce operations in house.
By Daphne Howland • July 10, 2015 -
Walgreens buys Liz Earle cosmetics from Avon
This move falls in line with Walgreens' focus to be a resource for a wide variety of skincare and beauty products at different price points.
By Daphne Howland • July 10, 2015 -
Target's new 'Open House' displays all things IoT
The "house" is meant to be a showcase, but it’s also a store — everything there is for sale, including things you’d expect and some things you might not.
By Daphne Howland • July 10, 2015 -
Kate Hudson's Fabletics yet another e-retailer heading to brick-and-mortar
The athleisure retailer, which also just launched a men’s line, is opening six stores across the country this fall.
By Daphne Howland • July 10, 2015 -
Walgreens names permanent CEO of newly-merged company
Stefano Pessina previously served as chairman of Alliance Boots before its merger with Walgreen Co.
By Kelsey Lindsey • July 9, 2015 -
Major Canadian shoe retailer seeks bankruptcy protection
The Sherson Group owns 48 Nine West stores and controls the Canadian rights of several other shoe brands.
By Daphne Howland • July 9, 2015 -
CVS leaves US Chamber of Commerce over tobacco lobbying
The retailer’s reaction to a report that the Chamber of Commerce is fighting anti-smoking laws overseas is weightier than even the hospitals and health insurers on its board.
By Daphne Howland • July 8, 2015 -
RadioShack partners with member of the Wu-Tang Clan as part of turnaround
The retailer has always had a flair for marketing and a sense of humor. Now it’s also adding the kind of exclusive merchandise that could make it more than just a place to buy things.
By Daphne Howland • July 7, 2015 -
Deep Dive
What the overtime pay change really means for retailers
The Labor Department's new rule on overtime would affect millions of retail workers.
By Daphne Howland • July 7, 2015 -
RadioShack snags $75M in financing to improve in-store experience
The newly-resurrected retailer says that a new financing pact will support its ambitious plans to be the go-to place for electronics.
By Daphne Howland • July 6, 2015 -
QVC to leverage consumer data with new analytics unit
The shopping channel has tapped retail veteran Sanjay Singh to lead a new group that will mine data to nurture growth.
By Daphne Howland • July 6, 2015 -
American Apparel has some good news and some bad news
The company is closing stores and starved for capital, but CEO Paula Schneider says it’s also planning a fall line, with just a few tweaks to an already strong brand.
By Daphne Howland • July 6, 2015 -
Deep Dive
Why Zappos thinks employee happiness 'shouldn't be about the dollar'
Increasing employee engagement—not just wages—is not only good for employee happiness, productivity, and public perception: It’s also good for business.
By Kelsey Lindsey • July 6, 2015 -
Attitude2000 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
Reuters: Sycamore Partners mulling $3B bid to buy Belk
The Southern department store chain recently expressed interest in a sale as American department stores continue to struggle.
By Daphne Howland • July 5, 2015 -
UPDATE: With FTC OK, Dollar Tree closes Family Dollar deal
Private equity firm Sycamore Partners is all lined up to take over the 330 Family Dollar stores the FTC says must go.
By Daphne Howland • July 5, 2015 -
Sears Canada CEO jumps to Barnes & Noble after less than a year
The choice of Ron Boire, who has experience in electronics retail, could mean that the bookseller hopes to revive its Nook business.
By Daphne Howland • July 5, 2015 -
Bebe's turnaround plan: revamp stores, change up merchandise
The retailer has been struggling since the departure of creative director Neda Mashouf.
By Daphne Howland • July 5, 2015 -
Deep Dive
Will San Francisco's new HR law rock the retail world?
New retailer workers' bill of rights will change how retailers do business.
By Tom Starner • July 2, 2015 -
Macy's to stop selling Donald Trump merchandise
Celebrity merchandise has a built-in marketing advantage, but Donald Trump’s disparaging remarks about immigrants has tainted his brand.
By Daphne Howland • July 2, 2015 -
Nike founder and chairman recommends CEO as successor
It’s hard to imagine Nike without Phil Knight — the founder who helped grow the company into the sportswear behemoth it is today.
By Daphne Howland • July 2, 2015