Financial News: Page 363


  • 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
  • Image attribution tooltip
    RetailNext
    Image attribution tooltip

    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 April 16, 2015
  • Image attribution tooltip
    EVINE Live
    Image attribution tooltip

    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 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 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 April 15, 2015
  • Shopify files for IPO

    The Ottawa-based marketplace company expects to raise $100 million in its initial public offering.

    By 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 April 15, 2015
  • EBay North America taps Home Depot exec

    Harry “Hal” Lawton joined Home Depot a decade ago and replaces Christopher Payne.

    By 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 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 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 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 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 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 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 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 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