Financial News: Page 384
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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 -
Urban Outfitters' healthy Q4 report marred by Internet outcry
The retailer had one of its best quarters in months, but is under fire once again for selling a tapestry reminiscent of Holocaust garb.
By Daphne Howland • Feb. 11, 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 -
Olympians to work at Dick's Sporting Goods
The agreement with Team USA gives athletes in training the jobs and support needed, according to the U.S. Olympic Committee.
By Daphne Howland • Feb. 11, 2015 -
Zara parent ends use of angora wool after animal-rights protests
Spanish fast-fashion company Inditex joined other major retailers that have stopped manufacturing with the textile after protests from PETA.
By Daphne Howland • Feb. 10, 2015 -
Gap Inc. sees healthy Q4
Banana Republic and Old Navy thrived as the flagship brand continued to sag.
By Daphne Howland • Feb. 10, 2015 -
Retailers add 35K jobs in January
Many retail companies kept on hires made over the holidays, according to the U.S. Bureau of Labor Statistics.
By Daphne Howland • Feb. 10, 2015 -
Deep Dive
Can Sears make a comeback?
It has a very good chance of it, says at least one analyst. And Sears has done it before.
By Daphne Howland • Feb. 9, 2015 -
Alibaba buys stake in smartphone manufacturer
The Chinese e-commerce giant hopes to boost use of its mobile OS.
By Ian P. Murphy • Feb. 9, 2015 -
Walgreens to launch multicultural beauty line
Actress Eva Mendes is attached as Circa's creative director and spokesperson.
By Ian P. Murphy • Feb. 9, 2015 -
Bebe sees Q2 sales bump
The retailer has been ailing for years, but recently made improvements that have started to turn things around.
By Daphne Howland • Feb. 9, 2015 -
American Apparel CEO reveals plans for turnaround
Paula Schneider says she’s introducing discipline, professionalism, and new focus to the company, while still keeping it “edgy.”
By Daphne Howland • Feb. 9, 2015 -
J.C. Penney revamping in-store salons
The retailer is partnering with InStyle magazine to improve and expand its new “The Salon by InStyle" salons.
By Daphne Howland • Feb. 6, 2015 -
Madewell to partner with Nordstrom
The J. Crew brand will sell select merchandise on Nordstrom's website and in select Nordstrom stores.
By Daphne Howland • Feb. 6, 2015 -
RadioShack files for bankruptcy, crafts deal with Sprint
The lights have dimmed for the 94-year-old electronics retailer.
By Kelsey Lindsey • Feb. 5, 2015 -
Deep Dive
Lululemon founder Chip Wilson moves on
Did you think the Lululemon founder was going to go gracefully?
By Daphne Howland • Feb. 5, 2015 -
Michael Kors logs holiday sales increase, lower margins
The luxury retailer's aggressive growth may be slowing, analysts say.
By Ian P. Murphy • Feb. 5, 2015 -
PayPal retail chief departs ahead of eBay split
Don Kingsborough told Re/Code that he’s “a little frustrated” that PayPal hasn’t had much success as a payment option for physical retailers.
By Daphne Howland • Feb. 5, 2015 -
Cache files for bankruptcy
The 40-year-old retailer was among the first to bring high-end brands like Armani and Versace to the United States.
By Daphne Howland • Feb. 5, 2015 -
Amazon launches campus operations
The e-retailer has co-branded websites with the University of Massachusetts and Purdue University, and its first staffed location at Purdue for pickup and dropoff.
By Daphne Howland • Feb. 4, 2015 -
Macy's acquires spa and beauty company Bluemercury for $210M
Bluemercury will retain its independence and leadership, but may have a presence in Macy’s and Bloomingdale’s stores.
By Daphne Howland • Feb. 4, 2015 -
Tesco executive to be new Target CIO
Mike McNamara has a reputation for tech savvy across channels.
By Daphne Howland • Feb. 4, 2015 -
Staples buying Office Depot for $6.3B
Although the Federal Trade Commission once nixed a deal between the two office-supply rivals, times have changed.
By Daphne Howland • Feb. 4, 2015 -
Google reports growth in clicks, revenues for Q4
Price per click decreases 3% due to pressure from cheaper mobile ads.
By Ian P. Murphy • Feb. 4, 2015 -
Deep Dive
Gas is down and the dollar's up. What does that mean for retail?
The value of the dollar and gas prices have a major impact on retail—both good and bad.
By Daphne Howland • Feb. 3, 2015 -
Staples, Office Depot reportedly in talks to merge
The move comes after activist investor Starboard Value made a public push for the two companies to merge last month.
By Kelsey Lindsey • Feb. 3, 2015