Financial News: Page 95
-
Courtesy of Target
Target launches first crafting label in a decade
The retailer introduced Mondo Llama, its latest owned brand that features nearly 400 art supplies.
By Maria Monteros • March 15, 2021 -
Loft to drop plus sizes
The brand, now owned by private equity firm Sycamore Partners, faces a backlash on social media after it said it will limit its offer.
By Daphne Howland • March 15, 2021 -
Daphne Howland/Retail Dive
Who's the 'department store' now?
Big boxes, specialty stores and discounters have stolen share from department stores for years. Now some, most notably Target, are stealing their merchandising playbook too.
By Daphne Howland • March 15, 2021 -
Courtesy of Ulta
Ulta CEO Mary Dillon to step down after 8 years at the helm
Dillon has overseen impressive growth at the beauty specialist over the years and will pass the role to President Dave Kimbell in June.
By Cara Salpini • March 12, 2021 -
Courtesy of David's Bridal
David's Bridal, Betsey Johnson partner on shoe collection
The collection, which includes pumps as well as platform sneakers, is the latest offering from the retailer as it grows its products and tech experiences.
By Kaarin Moore • March 12, 2021 -
Christopher & Banks CEO is out following brand's acquisition in Ch. 11
Keri Jones resigned as the apparel seller gets a second life as a digital and television brand through a partnership with iMedia Brands.
By Ben Unglesbee • March 12, 2021 -
Daphne Howland/Retail Dive
Lord & Taylor relaunches, online only
The Saadia Group bought the 200-year-old department store and its owner, rental site Le Tote, for $12 million at an October bankruptcy auction.
By Daphne Howland • Updated April 19, 2021 -
"Art Van Furniture store, 425 E. Eisenhower Pkwy., Ann Arbor, MI 48108" by Dwight Burdette is licensed under CC BY 3.0
Former Art Van employees win $2M hardship fund from private equity firm
Workers have been pushing for compensation from the liquidated retailer's former owner.
By Ben Unglesbee • March 11, 2021 -
Courtesy of Business Wire
Activist group scales back Kohl's board slate, won't seek control
The department store hit back, defending its board, accusing the investors of shortsightedness and painting their nominees as unqualified.
By Daphne Howland • Updated March 11, 2021 -
Courtesy of NuOrder
B2B e-commerce startup NuOrder raises $45M
The startup intends to leverage the funding to support its growth and expansion within its target markets.
By Tatiana Walk-Morris • March 11, 2021 -
Courtesy of Adidas
Adidas aims for DTC to be 50% of sales by 2025
A new four-year strategy is predicated on doubling e-commerce sales, building up an athleisure offering and refocusing on women, among other things.
By Cara Salpini • March 11, 2021 -
Courtesy of Stadium
Stadium Goods debuts streetwear apparel line
The retailer's capsule collection, Stadium, is launching as parent company Farfetch is on the rise.
By Kaarin Moore • March 11, 2021 -
Courtesy of Express via Businesswire
Express upbeat about 2021 despite Q4 declines
The retailer is testing smaller "Express Edit" concept stores as it, like its rivals, hopes for pent-up demand for apparel this year.
By Daphne Howland • March 10, 2021 -
FatCamera via Getty Images
What is the new retail playbook in a post-pandemic world?
Omnichannel, personalization, sustainability and other operating "imperatives" are more important than ever, according to a new report from RILA.
By Ben Unglesbee • March 10, 2021 -
Courtesy of Stitch Fix
Stitch Fix swings to a loss as inventory piles up
As the DTC player tweaks its model, it can't escape old-fashioned challenges in apparel and could lose out on pent-up demand as the pandemic wanes.
By Daphne Howland • March 9, 2021 -
Permission granted by Nike
Nike names new head of North America
Sarah Mensah will take over the role after Ann Hebert's departure, which followed a Bloomberg report about her son's sneaker business.
By Cara Salpini • March 9, 2021 -
Retrieved from Vince on March 08, 2021
Vince names new CEO
Jack Schwefel, who most recently was the chief executive at Cost Plus, is entering the company at a critical time for luxury apparel.
By Kaarin Moore • March 9, 2021 -
Dick's sales spiked 10% last year, but the retailer warns of possible slowdown
The year ahead could bring a cool-down as gyms reopen and competitors join the game.
By Ben Unglesbee • March 9, 2021 -
Permission granted by Target
Target launches grocery brand centered on snacks and sweet treats
Favorite Day, which launches April 5, will include more than 700 products across categories like bakery, candy, ice cream and beverage mixers.
By Catherine Douglas Moran • March 9, 2021 -
Adeline Kon/Retail Dive
The running list of major retail deals in 2021
Authentic Brands officially moved to withdraw its IPO plans after receiving new private investments last fall.
By Retail Dive Team • Updated Feb. 25, 2022 -
Brian Tucker/Retail Dive
Retailers cheer as Biden's $1.9 trillion pandemic relief clears the US Senate
The legislation supports consumers and speeds up vaccinations, which some economists say could lead to the fastest economic recovery in years.
By Daphne Howland • March 8, 2021 -
Cara Salpini/Retail Dive
Foot Locker cites port congestion for nearly 24% drop in inventory
The retailer is working with its vendors to find alternative routings, and expects its inventory position to improve this quarter, an executive said.
By Matt Leonard • March 8, 2021 -
Cara Salpini/Retail Dive
GameStop to name Ryan Cohen as next chairman
The gaming retailer this year gave the Chewy founder and activist investor a board seat and leadership of a transformation group.
By Ben Unglesbee • Updated April 8, 2021 -
Charming Charlie to open 14 new locations
The women's apparel and accessories retailer plans to roll out additional stores nationwide over the summer and fall of this year.
By Kaarin Moore • March 8, 2021 -
Adeline Kon/Retail Dive
Deep DiveWelcome to the lucrative world of retail bankruptcy
A look at the most expensive Chapter 11 proceedings in retail and the players that have profited from them.
By Ben Unglesbee • March 8, 2021
Previous
