Financial News: Page 363
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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 -
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