Financial News: Page 173
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Walgreens accepts Alipay in 3K stores
Allowing Chinese travelers to use the mobile payments they're accustomed to could allow them to bypass foreign exchange rates and purchase more.
By Daphne Howland • Feb. 15, 2019 -
FAO Schwarz inks deals to grow beyond toys
As Toys R Us tries to return to a market devastated by its bankruptcy, the iconic New York City retailer is in expansion mode.
By Daphne Howland • Feb. 14, 2019 -
RetailMeNot taps Nordstrom vet as chief product officer
Joshua Platt, who also spent 11 years at Microsoft in various product leadership roles, will head product efforts for the coupon-focused company.
By Dan O'Shea • Feb. 14, 2019 -
Victoria's Secret tries on Livy lingerie
The upstart Parisian company is turning heads at home and could help the faltering L Brands banner redefine "sexy."
By Daphne Howland • Feb. 14, 2019 -
Prada introduces Diversity and Inclusion Advisory Council
The luxury retailer seeks to change internal culture with a new plan to address its lack of diversity.
By Daphne Howland • Feb. 14, 2019 -
'No light at the end of the tunnel' for store closures
Last year, retailers collectively shuttered 5,524 U.S. locations and will again this year, according to Coresight Research.
By Corinne Ruff • Feb. 14, 2019 -
Levi Strauss IPO raises $623.3M
The company is taking a second stab at going public, after a stint in the '70s and '80s ended in a leveraged buyout.
By Corinne Ruff • Updated March 21, 2019 -
Crate & Barrel partners with odd-job service Handy
The retailer's partnership is the latest in a trend of home furnishings retailers offering services to create end-to-end customer experiences.
By Caroline Jansen • Feb. 13, 2019 -
Deep Dive
Payless, Gymboree and the road to Chapter 22
Both retailers exited bankruptcy successfully once, now they're back in financial trouble two years later. What happened?
By Cara Salpini • Feb. 13, 2019 -
Cannabis retailer inks US deal with Simon Property Group
Green Growth Brands, which is publicly traded in Canada, opened the first of more than 100 shops in American malls selling CBD-infused products.
By Daphne Howland • Feb. 13, 2019 -
REI CEO resigns over undisclosed relationship
Jerry Stritzke, who has headed the co-op since 2013, was involved with "the leader of another organization in the outdoor industry," triggering an investigation.
By Cara Salpini • Feb. 13, 2019 -
Nordstrom revs up denim assortment
This is one of the first physical locations for Revtown, an online jeans brand founded last year by several former Under Armour executives.
By Corinne Ruff • Feb. 13, 2019 -
Whole Foods has raised prices, but it's not the only one
The retailer's lower-price positioning has taken a hit as it faces rising manufacturer costs and expiring promotional contracts.
By Lauren Manning • Feb. 13, 2019 -
Macy's names new chief merchandising officer
Patti Ongman, who has been at the company for more than three decades, most recently oversaw its home merchandising unit.
By Daphne Howland • Feb. 13, 2019 -
E-tailer Public Goods moves into grocery
The membership-only retailer, which began by offering clean personal care products, now has a healthy food category.
By Lauren Manning • Feb. 12, 2019 -
Reuters: Walmart and Deliv terminate grocery delivery partnership
The deal ended because of low order volume and lengthy fulfillment times that kept drivers waiting 40 minutes or more, according to the report.
By Krishna Thakker • Feb. 12, 2019 -
Under Armour plans to be 'a louder brand' in 2019
Successful launches, including the HOVR sneaker line, are helping to propel the retailer out of its rivals' shadows.
By Cara Salpini • Feb. 12, 2019 -
Target updates app after pricing dispute
An investigation by a Minneapolis TV station found that prices on the retailer's mobile app rose as users got closer to stores.
By Corinne Ruff • Feb. 12, 2019 -
6 key components of the store of the future
From Walmart to DTC upstarts like Burrow, retail executives shared their perspectives on what's essential for the next generation of physical stores.
By Corinne Ruff • Feb. 12, 2019 -
Johnston & Murphy brand chief to retire
Jon Caplan, a longtime veteran of Genesco's classic American footwear retailer, will depart in June.
By Daphne Howland • Feb. 12, 2019 -
Barneys New York to launch 'The High End' cannabis concept
The effort involves a partnership with luxury purveyor Beboe and opens next month, featuring wellness products and paraphernalia in stores and online.
By Daphne Howland • Feb. 12, 2019 -
Barron's names Best Buy most sustainable company
Through its e-waste recycling, carbon emission reduction and community engagement, the electronics retailer moved up from its No. 3 spot last year.
By Caroline Jansen • Feb. 12, 2019 -
The new Toys R Us reportedly plans to open stores this year
According to multiple reports, the downscaled locations would include experiential elements and may sell toys on consignment.
By Corinne Ruff , Ben Unglesbee • Updated June 24, 2019 -
HBC closes Lord & Taylor flagship sale
The company completed the sale of its Fifth Avenue building to WeWork Property Investors for a total of $850 million.
By Daphne Howland • Feb. 11, 2019 -
Neiman Marcus' innovation lab dissolves under CEO's new strategy
The retailer's iLab concept was given to enterprise architect Scott Emmons in 2012, who exited the role earlier this year.
By Samantha Schwartz • Feb. 11, 2019