Financial News: Page 363


  • American Apparel reports wider losses

    As the company struggles in the face of lawsuits, investigations, and disputes, it’s not clear how dedicated it is to its American-made identity — an important aspect of its brand.

    By May 12, 2015
  • Wal-Mart, Lowe's picking up Target Canada stores

    While these acquisitions are not huge, they are likely a less expensive way for the retailers to expand.

    By May 12, 2015
  • Etsy has a counterfeit problem: report

    Wedbush found that in some cases the site packs more fakes than eBay or Alibaba’s AliExpress.

    By May 12, 2015
  • Deep Dive

    Young and in retail

    Some of the most promising retailers these days have leadership from well outside the old guard. Coincidence? We don’t think so.

    By May 11, 2015
  • Top Abercrombie execs go head-to-head during CEO search

    Three top executives at the retailer are leading Abercrombie as it searches for a CEO, possibly from their ranks. But who has the vision the company badly needs?

    By May 11, 2015
  • Zappos sees workforce exodus ahead of 'holacracy' transition

    Around 14% of employees are taking CEO Tony Hsieh’s “love it or leave it” offer as the company transitions to its unique management system.

    By May 11, 2015
  • Simply Fashion and Dots stores to close nationwide

    The retail company filed for bankruptcy protection in April, and now plans to liquidate everything.

    By May 11, 2015
  • Alibaba buys major stake in Zulily

    The Chinese retail giant took advantage of Zulily's low stock price last week to gain 9.3% control of the company.

    By May 11, 2015
  • Bonobos names new CEO ahead of brick-and-mortar expansion

    Former Coach exec Francine Della Badia will take the CEO position June 1. 

    By Ian P. Murphy • May 11, 2015
  • CVS to review media account

    The chain awarded creative to BBDO last year. 

    By Ian P. Murphy • May 11, 2015
  • Deep Dive

    Retail Therapy: Scandalous gowns, high tech heels, and communist e-commerce

    North Korea launches its first e-commerce operation while James Franco pens an ode to McDonald's. 

    By Kelsey Lindsey • May 8, 2015
  • Wage gains miss expectations, fuel cuts fail to boost spending: reports

    The results come as retailers wait for the improving economy to steady their fortunes.

    By May 8, 2015
  • Charney sues American Apparel shareholder

    Standard General has dismissed the claims, saying Dov Charney and his associates continue to file lawsuits “at a breakneck pace.”

    By May 8, 2015
  • J.C. Penney parts ways with Joe Fresh

    The partnership was hailed as a potential lifesaver for Penney when it launched two years ago.

    By May 8, 2015
  • Lumber Liquidators halts sales of Chinese laminate flooring

    The retailer has also hired former FBI chief Louis J. Freeh to help with its own investigation.

    By May 8, 2015
  • Deep Dive

    The trouble with off-price stores

    Macy’s is the latest department store chain to enter the off-price retail space. But there's a downside to investing in this type of store.

    By May 7, 2015
  • Fashion startup VFiles optimizes for mobile

    The three-year-old social network has attracted fashionistas and fashion professionals and wants to grow its shopability.

    By May 7, 2015
  • Alibaba names new CEO as it makes mobile push

    The move is part of an overall company goal to bring in a younger generation of leaders. 

    By , Kelsey Lindsey • May 7, 2015
  • Ron Johnson's next act, Enjoy, is live

    The company focuses on helpful, knowledgeable tech experts at the ready, a hallmark of Johnson's “Genius Bar” idea for Apple stores.

    By May 7, 2015
  • Ann Taylor in talks with private equity firm: sources

    Ann Inc.’s brands have struggled of late, forced into heavy promotions in the face of lower consumer spending and increased competition.

    By May 7, 2015
  • Mobile boost at RetailMeNot not enough, not yet

    A Google algorithm change to favor mobile-optimized websites, which has dinged the coupon site’s fortunes, could ultimately help in the future, the company says.

    By May 6, 2015
  • Groupon eyes mobile growth as revenue misses

    The company said it has sold its stake in Ticket Monster, which had been a drag on profit. But the task before the company is more fundamental.

    By May 6, 2015
  • Once-bright Zulily posts dim outlook

    Previously a flash-sales darling, the e-retailer is now looking more like the disrupted than a disrupter.

    By May 6, 2015
  • JetBlue, Amazon build in-flight media deal

    The benefits of being an Amazon Prime member keep accruing, this time into the sky.

    By May 6, 2015
  • Macy's testing 4 discount stores in NYC

    The move is seen as a way for the retailer to better compete with discount chains like T.J. Maxx and Marshalls. 

    By Kelsey Lindsey • May 5, 2015