Financial News: Page 364
-
Retrieved from Amazon on March 12, 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 -
Retrieved from Amazon on March 12, 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 -
American Apparel taps Band of Outsiders designer
Joseph Pickman rounds out CEO Paul Schneider’s team and will be helping the struggling retailer boost its menswear side.
By Daphne Howland • April 7, 2015 -
California's water-saving order hits denim makers
Governor Jerry Brown’s order could end up influencing fashion design, as the look and feel of denim changes due to these water-saving measures.
By Daphne Howland • April 7, 2015 -
Party City readies IPO, seeks $2B valuation
The only nationwide party store expects to raise up to $372 million in the first retail IPO of the year.
By Daphne Howland • April 7, 2015 -
Lane Bryant jabs Victoria's Secret in new campaign
The lingerie retailer's #ImNoAngel campaign is scheduled to run on television, in print, and on social media channels.
By Ian P. Murphy • April 7, 2015 -
Alibaba seeks inroads in India
The Chinese e-com giant will compete with Snapdeal instead of buying it.
By Ian P. Murphy • April 6, 2015 -
Muji brings its price-cutting ethos to US stores
The retailer’s “always good prices” policy leads it to permanently slash prices from time to time. Now it's bringing that to its U.S. stores.
By Daphne Howland • April 6, 2015 -
Saks president departing after 15 months
Marigay McKee was brought on to make big changes after helping turn around luxury department store Harrod’s, but is leaving because the “fit wasn’t perfect.”
By Daphne Howland • April 6, 2015 -
Former Dell exec tapped as RadioShack CEO
Ron Garriques has received mixed reviews for his tenure at Dell.
By Daphne Howland • April 6, 2015