Financial News: Page
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Amazon's market value tops Wal-Mart's as it reports surprise profit
There may be less scoffing at Amazon for last week's Prime Day this Friday morning.
By Daphne Howland • July 24, 2015 -
Antitrust watchdog calls for closer look at Staples-Office Depot merger
The American Antitrust Institute says that competitive concerns still remain regarding the merger.
By Daphne Howland • July 24, 2015 -
Trendline
The direct-to-consumer landscape in retail
More mature brands are pursuing exit strategies and expanding their reach, while traditional retailers are increasingly shifting to a DTC model.
By Retail Dive staff -
Wal-Mart takes full ownership of its Chinese e-commerce venture
Wal-Mart will buy the remaining shares of Yihaodian, a nimble e-commerce site that can help it reach the growing Chinese middle class.
By Daphne Howland • July 23, 2015 -
Forever 21 creates fabric mosaics from Instagram photos
Retailer teams with Brooklyn's Breakfast for massive thread screen.
By Ian P. Murphy • July 23, 2015 -
Wal-Mart ending 24-hour shopping at some stores
In a move that could be duplicated at more locations, the retailer will close some of its 24-hour stores around midnight.
By Daphne Howland • July 23, 2015 -
TJX, Kohl's face lawsuits claiming deceptive pricing
Will these lawsuits prompt retailers to start selling on value rather than inflated “compare to” pricing?
By Daphne Howland • July 23, 2015 -
Retrieved from Apple on September 09, 2014
Apple's iPhone sales way up, yet not up enough for investors
Apple also didn’t break out its Watch sales, but said they beat its own expectations.
By Daphne Howland • July 22, 2015 -
Nordstrom's Trunk Club service expanding to include women
The personal stylist service is now taking signups from women, and there’s already a waitlist ahead of an autumn launch.
By Daphne Howland • July 22, 2015 -
Dick's to take on Lululemon with new specialty women's stores
The “Chelsea Collective” stores will have athleisure-wear and sports gear for women, as well as accessories and beauty products.
By Daphne Howland • July 22, 2015 -
NRF cuts 2015 retail sales forecast due to harsh first half
The damage done by various events in the first half of the year will be mitigated in the second half, but not by much, according to the National Retail Federation.
By Daphne Howland • July 22, 2015 -
Amazon rival Jet launches today amid buzz—and questions
Jet has focused on dynamic pricing, promising the lowest prices on the web. Trouble is already brewing though, with reports that the newcomer is losing money on most sales.
By Daphne Howland • July 21, 2015 -
Cowen: Amazon on track to become No. 1 US apparel retailer
Cowen and Company thinks that Amazon will leave even Macy’s in the dust within the next couple of years.
By Daphne Howland • July 21, 2015 -
Kate Spade latest to move into yoga wear
Kate Spade seems to be revving back up after shuttering some lines and stores, with plans for athleisure, home goods, and more.
By Daphne Howland • July 21, 2015 -
PayPal outshines eBay first day after split
PayPal loomed large in its new capacity as a stand-alone company, while eBay is said to be in need of a turnaround. But both companies must up their game.
By Daphne Howland • July 21, 2015 -
Barnes & Noble continues executive reshuffle with new e-commerce head
Retail veteran Frederic D. Argir will be in charge of the troubled Nook division.
By Ian P. Murphy • July 21, 2015 -
EBags taps former Staples exec as CEO
EBags is one of the survivors of the original dot-com boom, and is poised for a shot in the arm.
By Daphne Howland • July 20, 2015 -
Brand management firm Xcel grabs C. Wonder
Xcel has helped steady the likes of Isaac Mizrahi and Liz Clairborne — and perhaps C. Wonder will see a similar revival.
By Daphne Howland • July 20, 2015 -
Amazon's Prime Day to return
Despite post-Prime Day stories citing disappointment from shoppers, Amazon said its invented midsummer sale holiday was a huge success.
By Daphne Howland • July 17, 2015 -
Labor Dept. clarifies employment rules as issue comes under scrutiny
Disruptive startups, including retail same-day delivery companies, are relying on workers that in some cases should be classified as employees.
By Daphne Howland • July 17, 2015 -
Ollie's Bargain Outlet stages robust IPO
Ollie’s utter lack of e-commerce makes it unique in today’s retail landscape — and the retailer has no intention of changing that.
By Daphne Howland • July 17, 2015 -
Another Walgreens executive departs amid executive reshuffling
The name on the company’s shingle is “Walgreens” but the retailer’s top executive team is increasingly looking like “Alliance Boots.”
By Daphne Howland • July 17, 2015 -
Prime Day gives Amazon 80% sales jump, leaves shoppers disappointed
There were plenty of snarky Tweets and lots of viral venting over the sale, which was promised to be bigger than Black Friday.
By Daphne Howland • July 16, 2015 -
Back-to-school spending may be healthy this year, but not as healthy as last: reports
E-commerce is the major force keeping retailers on their toes these days, but back-to-school shopping by and large remains a brick-and-mortar activity.
By Daphne Howland • July 16, 2015 -
Macy's investor pushing for a REIT
Starboard Value said it’s advocating for a spin-off of the department store’s real estate, but that may not be best for Macy's.
By Daphne Howland • July 16, 2015 -
Target tapping into growing 'buy local' movement
Target is working with designer Todd Snyder to bring hometown flair to stores in multiple cities.
By Daphne Howland • July 16, 2015