Financial News: Page 176


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    Retrieved from Walmart on April 10, 2019
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    Walmart adds nearly 4K robots to stores

    More retailers are adding machines to their workforces as automation gains traction.

    By April 10, 2019
  • Walgreens to bring primary care clinics to Houston stores

    The effort comes as CVS ramps up its efforts to create health hubs after the retail giant bought Aetna. 

    By Rebecca Pifer • April 10, 2019
  • REI expands gear rental to 115 stores

    Skis, snowboards and camping kits are among additions to the program as the outdoor retailer looks to further its efforts in rental, used and trade-in gear.

    By April 10, 2019
  • Macy's debuts 'Story' in 36 stores nationwide

    The department store is leveraging its scale, often criticized by analysts, to expand the retail concept it acquired a year ago.

    By April 10, 2019
  • Bonobos storefront
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    Courtesy of Bonobos
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    Deep Dive

    How Bonobos became the 'DNVB college'

    An entrepreneurial culture has sparked many employees to launch their own businesses or leave to grow other brands, but CEO Micky Onvural hopes to woo them back down the road.

    By April 10, 2019
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    Kaarin Vembar/Retail Dive
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    75K stores could shutter by 2026

    Expect more store closures as retail sales growth slows and e-commerce takes a greater share, according to a note from UBS analysts.

    By April 9, 2019
  • Guitar Center taps Banana Republic vet to lead Music & Arts brand

    Jeff Gottlieb will oversee a unit that conducts sales and rentals to schools and students.

    By April 9, 2019
  • Opinion

    Lessons learned from a trip to Neiman Marcus' Dallas flagship

    Bringing shoppers into stores and converting browsers into buyers is all about being more human in an increasingly inhuman world, writes retail consultant Bob Phibbs.

    By Bob Phibbs • April 9, 2019
  • Fred's reportedly hires financial adviser

    The discounter has tapped a restructuring firm and may close stores, though bankruptcy isn’t imminent, sources told The Wall Street Journal.

    By April 8, 2019
  • Retail leads in job cuts as employment holds steady

    The economy is still adding jobs, but employment and wage growth are both slowing, and that could be bad news for retailers.

    By April 8, 2019
  • Roberto Cavalli files Chapter 7

    The luxury fashion house closed all U.S. stores at the end of March and stated in court documents that it is no longer able to operate.

    By Updated April 8, 2019
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    Corinne Ruff
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    Target announces June wage hike to $13 an hour

    The incremental bump is part of the retailer's plan to reach a $15 minimum wage by 2020. 

    By Kathryn Moody , Valerie Bolden-Barrett • April 5, 2019
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    Adobe Stock
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    A.T. Kearney bullish on M&A in CPG, retail spaces in 2019

    A survey of more than 100 C-level executives found 88% expected deal-making to be "equal or better than 2018 levels" due partly to falling asset prices and a search for growth.

    By Christopher Doering • April 5, 2019
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    Bruce Bennett via Getty Images
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    CVS extends same-day Rx delivery to 6K stores

    Increasing home delivery options could be a huge advantage for the drugstore retailer against rivals like Walgreens and even Amazon.

    By April 5, 2019
  • Kay, Jared owner to shutter 150 stores

    Signet, which also runs several other jewelry banners, closed 262 stores last year and promised continued aggressiveness in reducing its footprint.

    By April 4, 2019
  • Sears opening stores for a change

    The retailer's comeback is based on locations with smaller square footage.

    By Updated April 4, 2019
  • Katie Finnegan to depart Walmart's Store No. 8

    The founder of Walmart's incubation arm, and CEO of Spatialand, will leave the company on June 7.

    By April 4, 2019
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    Retrieved from Walmart on April 04, 2019
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    Walmart rolls out new baby registry experience

    The company is placing personalization and its mobile app at the forefront of the process.

    By April 4, 2019
  • Ascena debuts cross-brand loyalty program

    Ann Taylor, LOFT, Lou & Grey, Ann Taylor Factory and LOFT Outlet are letting customers, including those without a store card, earn points across banners.

    By April 4, 2019
  • Dick's Sporting Goods pays $2.9M to settle unpaid security check suit

    California law defines "hours worked" as time during which an employee is subject to an employer's control, the court said.

    By Jennifer Carsen • April 4, 2019
  • Amazon partnership delivering returns for Kohl's

    Providing a service to Amazon customers may be bringing sales and shoppers to Kohl's stores, according to Earnest Research.

    By April 4, 2019
  • ABG grabs Volcom from Kering

    The brand marketing conglomerate sees great potential in the export of American skate, surf and snow culture to a wider international audience.

    By April 4, 2019
  • HBC boosts profits as store comps decline

    The Canadian department store company is banking on its best performer, American luxury retailer Saks Fifth Avenue, to continue to lead its growth.

    By April 3, 2019
  • GameStop lost $673M last year

    The gaming segment is in the midst of a shift that is forcing major changes to the retailer's operations.

    By April 3, 2019
  • Madewell names 1st CEO

    Libby Wadle has led the brand as president for two years and has been at parent brand J. Crew in various roles since 2004.

    By April 3, 2019