Financial News: Page 371
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New Petsmart campaign emphasizes 'Pethood'
Ads that debuted during the Oscars show doting pet "parents" at home and in consultation with helpful staffers.
By Ian P. Murphy • Feb. 23, 2015 -
Delivery startup Postmates snags $35M in funding
The on-demand delivery space continues to see expansion and competition, and Postmates is expanding rapidly.
By Daphne Howland • Feb. 23, 2015 -
Frederick's of Hollywood shuttering at least a third of stores
The Los Angeles-based lingerie retailer may have leaned on its iconic name and traditional business strategy a bit too long.
By Daphne Howland • Feb. 23, 2015 -
American Apparel fires creative directors
Iris Alonzo was fired and rehired during the retailer’s past summer of high drama, but it looks like it will stick this time.
By Daphne Howland • Feb. 23, 2015 -
Ann Inc. said to be looking to sell
The New York-based parent of Ann Taylor, Loft, and Lou & Grey stores has been struggling and is under pressure to find a buyer.
By Daphne Howland • Feb. 20, 2015 -
Ikea finalizes plans for Midwest hub
The 72-acre distribution center will serve Ikea stores as well as the retailer's growing e-commerce business.
By Daphne Howland • Feb. 20, 2015 -
Kenneth Cole names new CEO
The footwear and apparel retailer has been without a CEO since 2012, when Paul Blum left and the company went private.
By Daphne Howland • Feb. 20, 2015 -
Justice shuttering Brothers brand
The retailer is also revamping merchandise and marketing for mall-based Justice stores, which have seen sluggish sales.
By Daphne Howland • Feb. 20, 2015 -
Deep Dive
Why Wal-Mart is raising its wages
Wal-Mart's CEO believes the move will result in 'superior customer experiences.'
By Kelsey Lindsey • Feb. 19, 2015 -
Wal-Mart announces pay raise for 500K employees
The news came right before the retailer revealed healthy Q4 earnings, more or less meeting analysts’ expectations.
By Daphne Howland • Feb. 19, 2015 -
Apple working on store redesign
The changes are partly attributed to the company’s Watch launch, according to a profile of Apple designer Jony Ive.
By Daphne Howland • Feb. 18, 2015 -
Deep Dive
Can Jet.com get liftoff?
The e-commerce startup by Quidsi entrepreneur Marc Lore could bring a new dimension to online shopping.
By Daphne Howland • Feb. 17, 2015 -
Nike CFO to retire
Donald Blair will leave later this summer and SVP of finance Andrew Campion will take over.
By Daphne Howland • Feb. 17, 2015 -
Proposed FAA rules complicate Amazon drone delivery plans
The rules released Sunday include a requirement that a drone operator be in the aircraft's line of sight.
By Daphne Howland • Feb. 17, 2015 -
No New Year bonuses for Alibaba employees this year
Aside from its massive IPO, the retail giant in 2014 did not have "exceptional results,” says founder and executive chairman Jack Ma.
By Daphne Howland • Feb. 17, 2015 -
Deep Dive
Why the Staples-Office Depot merger may (or may not) happen
The merger between Staples and Office Depot didn’t pass muster nearly 20 years ago. What, if anything, has changed?
By Daphne Howland • Feb. 13, 2015 -
Costco to drop American Express cards next year
The wholesale retailer’s board said it is doing what’s best for its customers.
By Daphne Howland • Feb. 13, 2015 -
Jo-Ann Stores names new president and CEO
Jill Soltau was Shopko president and chief merchandising officer for the past two years, EVP there since 2009.
By Daphne Howland • Feb. 13, 2015 -
Rakuten's Q4 profit spikes thanks to Ebates buy
The Japanese e-commerce company wants to be a worldwide marketplace player like Amazon or Alibaba.
By Daphne Howland • Feb. 13, 2015 -
Flash sales e-retailer Zulily stumbles
The Seattle-based retailer said Q4 profits were unexpectedly down and announced the surprise departure of CFO Marc Stolzman.
By Daphne Howland • Feb. 13, 2015 -
Staples under fire for strict part-time policy
The retailer has stiffened its consequences for employees who work more than 25 hours a week, drawing the attention of President Barack Obama and others.
By Daphne Howland • Feb. 12, 2015 -
Rite Aid expands health services with acquisition
The drugstore retailer said it’s buying pharmaceutical services company EnvisionRx for $2 billion in cash and stock.
By Daphne Howland • Feb. 12, 2015 -
Pier 1 replaces CFO after bungled forecast report
Details are elusive, but the company said it didn't adequately forecast revenue and has replaced CFO Charles Turner.
By Daphne Howland • Feb. 12, 2015 -
Private equity firm in talks to buy Chico's
Sycamore Partners is seeking financing for what would be the largest leveraged buyout in months, according to sources.
By Daphne Howland • Feb. 11, 2015 -
CVS makes up for tobacco losses in Q4
The drugstore retailer saw growth in its Medicaid business, which could be vulnerable if the Affordable Care Act is ever gutted.
By Daphne Howland • Feb. 11, 2015