Financial News: Page 357
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Target teams up with Life Time for new fitness deal
The “C9 Challenge” gives Target’s C9 fitness line a big profile outside of stores, just when athletic gear and alth-leisure apparel are booming.
By Daphne Howland • April 20, 2015 -
Simply Fashion files for bankruptcy
The low-cost women’s apparel retailer was hit by the recession and increasing competition from big box chains.
By Daphne Howland • April 20, 2015 -
Deep Dive
Retail Therapy: American Apparel's spokes-sloth and the holy iPad
Every Friday we bring you the weirdest and wackiest retail stories from around the web.
By Kelsey Lindsey • April 17, 2015 -
Uniqlo to collaborate with former French Vogue editor
Uniqlo continues to work with less popularly-known style mavens that are powerhouses within the fashion world.
By Daphne Howland • April 17, 2015 -
Ex-Wal-Mart CEO joins Carlyle Group
The asset management firm is known as a place where big players do business. Now Wal-Mart’s former CEO is one of them.
By Daphne Howland • April 17, 2015 -
Private equity firm finalizes deal to buy Wet Seal
The brand is beloved but beleaguered, and the company has a lot of catching up to do.
By Daphne Howland • April 17, 2015 -
Apple Watch launch getting messy
It’s hard to know if the Watch’s limited availability in stores has been a real strategy or a consequence of production snafus.
By Daphne Howland • April 17, 2015 -
Deep Dive
Etsy and the IPO: How it got here and what's next
Growing bigger and going public has already wrought some painful changes at the artisanal marketplace.
By Daphne Howland • April 16, 2015 -
Spring raises $25M in new funding round
The shopping app also announced that it will launch a native app on Google Android-based phones and soon offer same-day delivery.
By Kelsey Lindsey • April 16, 2015 -
RetailNext scores $125M in new funding
The company provides in-store analytics software for retailers.
By Kelsey Lindsey • April 16, 2015 -
Build-A-Bear taps American Eagle exec as COO
Build-A-Bear’s business depends on in-store traffic, so Chris Hurt’s store operations experience could come in handy.
By Daphne Howland • April 16, 2015 -
Burnett named new CMO at Evine Live
Veteran merchandiser to help shopping channel expand in digital.
By Ian P. Murphy • April 16, 2015 -
Saks brings back former exec as chief merchant
The return of Tracy Margolies could be a signal that the retailer wasn’t up for the level of change spearheaded by Marigay McKee.
By Daphne Howland • April 16, 2015 -
UPDATE: Etsy more than doubles its $16 share price on day one
The stock opened at $31 and nearly doubled its IPO price on day one for a high of $34.54, valuing the company at $4 billion.
By Daphne Howland • April 16, 2015 -
The North Face enters into athletics space with new campaign
The company wants to go head-to-head with Nike, Reebok, and others.
By Ian P. Murphy • April 16, 2015 -
March sales grow as spending heats up: reports
The Commerce Department's March retail sales report bolsters other signs that consumers are warming to spending as winter fades.
By Daphne Howland • April 15, 2015 -
Shopify files for IPO
The Ottawa-based marketplace company expects to raise $100 million in its initial public offering.
By Daphne Howland • April 15, 2015 -
J.C. Penney accidentally leaks promising Q1 sales
An executive at the retailer inadvertently disclosed information to an analyst, which it must now reveal to the public.
By Daphne Howland • April 15, 2015 -
EBay North America taps Home Depot exec
Harry “Hal” Lawton joined Home Depot a decade ago and replaces Christopher Payne.
By Daphne Howland • April 15, 2015 -
Men's Wearhouse looking to shake up Jos. A. Bank brand
CEO Douglas Ewert said it’s time for the brand to move beyond its "hyper-aggressive" promotional strategy.
By Daphne Howland • April 15, 2015 -
E.U. formally charges Google with antitrust violations
The European Commission has accused the tech giant of distorting online shopping search results.
By Kelsey Lindsey , Ian P. Murphy • April 15, 2015 -
Young people prefer physical stores: study
A study from New York City-based LIM College finds tech-based shopping among 18-25 year-olds is “significantly overrated.”
By Daphne Howland • April 14, 2015 -
American Apparel places pro-female ad amid image revamp
The ad celebrates the importance of women throughout the company.
By Ian P. Murphy • April 14, 2015 -
The Children's Place rejects board nominations
Two investment firms making the nominations had earlier sent a letter criticizing the retailer’s direction and the board’s leadership, urging exploration of a possible sale.
By Daphne Howland • April 14, 2015 -
Target hires PetSmart exec to revamp grocery unit
Anne Dament comes in at a time of major changes for the retailer’s grocery business.
By Daphne Howland • April 14, 2015