Financial News: Page 358
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Delia's to relaunch online
The teen apparel retailer filed for bankruptcy late last year but is trying a new life as a pure-play e-retailer.
By Daphne Howland • April 14, 2015 -
Sears enters joint venture with Simon Property
The move is similar to the deal Sears struck with General Growth Properties earlier this month.
By Kelsey Lindsey • April 13, 2015 -
New York attorney general scrutinizing retailers' work schedules
New York State attorney general Eric Schneiderman has requested reports from 13 retailers regarding “just in time” shift policies.
By Daphne Howland • April 13, 2015 -
Online retailer ModCloth explores brick-and-mortar
The retailer hasn’t done much offline since staging popups a few years ago, but this will be an experimental year for the company, according to new CEO Matthew Kaness.
By Daphne Howland • April 13, 2015 -
PayPal could face lawsuit over credit terms
The company’s instant-credit service, once known as “Bill Me Later,” is facing scrutiny by the federal government’s Consumer Financial Protection Bureau.
By Daphne Howland • April 13, 2015 -
Amazon receives FAA approval to test drones
But the exemption comes with a handful of restricting perimeters.
By Kelsey Lindsey • April 10, 2015 -
Costco sales will even out in April, analysts predict
The retailer saw a slower sales month in March due to a range of unique factors.
By Carolyn Heneghan • April 10, 2015 -
Deep Dive
Retail Therapy: Apple Watch fan fiction and Ikea's veggie balls
Starting today, we will be publishing a once-a-week column on Fridays that will bring you the weirdest and wackiest retail stories from around the web.
By Kelsey Lindsey • April 10, 2015 -
Amazon sues over fake reviews on its site
Research shows that product reviews are key to helping consumers make decisions, so Amazon is right to take care in this area.
By Daphne Howland • April 10, 2015 -
Hudson's Bay sees profit triple thanks to Saks, web sales
The Toronto-based company expects continued growth this year and said it will open more discount Off 5th stores.
By Daphne Howland • April 10, 2015 -
Old Navy buoys Gap Inc. sales
The retailer posted better-than-expected sales, but its namesake and Banana Republic brands continue to falter.
By Daphne Howland • April 10, 2015 -
Sprint co-branded RadioShack stores open
This more than doubles Sprint's 1,100-store retail footprint at a time of intense competition among mobile companies in the U.S.
By Daphne Howland • April 10, 2015 -
Walgreens to close 200 stores in the US
The store closings are part of a plan to cut $1.5 billion in the next three years.
By Kelsey Lindsey • April 9, 2015 -
ModCloth's #FashionTruth campaign includes transgender model
The retailer has already taken strong stances on style and image issues.
By Daphne Howland • April 9, 2015 -
Family Dollar sees cold February
The retailer says it’s already bouncing back as it prepares for its merger with Dollar Tree.
By Daphne Howland • April 9, 2015 -
E-book startup Oyster taking on Amazon
The company’s design, usability, and, above all, its relationship with publishers could give it a real chance to disrupt the disrupter.
By Daphne Howland • April 9, 2015 -
ShopperTrak partners with shopkick for new beacon system
The leading analytics and beacon providers will provide in-store insights for retailers.
By Ian P. Murphy • April 9, 2015 -
Gilt switches up its shipping strategy
The flash-sale site will diversify ground shipments with Newgistics Inc.
By Ian P. Murphy • April 9, 2015 -
Dollar Tree: FTC identifies 340 stores to sell before Family Dollar deal
The merger is expected to close in May.
By Kelsey Lindsey • April 8, 2015 -
RadioShack thinking small with new store strategy
The retailer could end up being a go-to place for last-minute battery or cord needs, a far cry from its heyday as the supplier of computer enthusiasts.
By Daphne Howland • April 8, 2015 -
Amazon Marketplace seller faces unprecedented antitrust suit
The U.S. Justice Department says that a poster seller’s code designed to coordinate prices with other sellers violated the Sherman Antitrust Act.
By Daphne Howland • April 8, 2015 -
Shoppers spent more time, money in stores in March: report
It seems that the overly subdued retail environment was a temporary thing, chilled at least in part by the long cold winter.
By Daphne Howland • April 8, 2015 -
Uniqlo expanding into new US markets
The Japanese retailer's growth beyond the country’s biggest cities is a new phase for Uniqlo in the U.S.
By Daphne Howland • April 8, 2015 -
Apple shifting its brick-and-mortar philosophy
The company wants customers to order the Watch and the new MacBook online, which retail chief Angela Ahrendts calls "a significant change in mindset.”
By Daphne Howland • April 8, 2015 -
WalmartLabs exec jumps to omnichannel firm
Mahesh Tyagarajan previously led WalmartLab's Global eCommerce Platform.
By Daphne Howland • April 7, 2015
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