Financial News: Page 177


  • Foot Locker debuts 'power store' in North America

    The sportswear retailer is expected to roll out more than a dozen such concept stores by the end of the year.

    By Jan. 24, 2019
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    Eloquii
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    Walmart-owned Eloquii partners with lingerie brand Cosabella

    The limited-time collection follows up on other high-profile collaborations with designer Jason Wu and lifestyle brand Draper James.

    By Jan. 23, 2019
  • Bankruptcy trustee sues Sun Capital for The Limited's demise

    "Sun Capital siphoned whatever value it could from a company that was already struggling for survival, thereby hastening its demise at the expense of unsecured creditors," according to court documents.

    By Jan. 23, 2019
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    Court certifies class of 5M Walmart applicants in background check suit

    The move comes after Delta, Frito-Lay and Target paid out multimillion-dollar settlements within the past year for similar claims.

    By Jennifer Carsen • Jan. 23, 2019
  • Deep Dive

    What can US retailers learn from China?

    Stores like Alibaba's Hema offer a vision of the future for American grocers, but experts say creating a similarly seamless omnichannel experience isn't easy — and may not be possible.

    By Jessica Dumont • Jan. 23, 2019
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    Brandless
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    Brandless launches pet and baby categories

    The new categories come with higher price points, but CEO Tina Sharkey said 90% of the assortment will remain $3.

    By Jan. 23, 2019
  • Lowe's inks multi-year NFL partnership as it kicks off refresh campaign

    The retailer signs on as the first official home improvement retail sponsor of the league in a decade as it pushes new creative work and a tagline.

    By Peter Adams • Jan. 22, 2019
  • How Neiman Marcus' CIO wants to frame customer experiences

    Previously, only businesses interacted with technology, but "now customers have the ability to create their own technology," Sarah Miller said.

    By Samantha Schwartz • Jan. 22, 2019
  • David's Bridal emerges from bankruptcy

    Within just shy of two months since its filing, the company says it has a "substantially stronger balance sheet and a clear strategy for the future."

    By Jan. 22, 2019
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    Express
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    Express CEO abruptly departs

    The retailer may be at risk of following its former L Brands sibling, The Limited, into sales troubles.

    By Jan. 22, 2019
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    Walmart Store No. 8
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    Walmart's Store No. 8 is looking for a CEO to lead new startup

    The company, described in a job posting as in "stealth" mode, would join other Walmart-incubated tech startups like Spatialand and JetBlack.

    By Jan. 22, 2019
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    Parachute
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    Parachute introduces 1st mattress

    The five-year-old direct-to-consumer bedding company hopes to gain share in an increasingly crowded space by offering an "eco-friendly" mattress.

    By Jan. 22, 2019
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    Bloomingdale's
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    Bloomingdale's beauty department changes its look

    Much like its department store competitors, Bloomingdale's is focusing on tech and experience in its beauty sector makeover.

    By Jan. 22, 2019
  • Mickey Drexler steps down as chairman of J. Crew

    Chad Leat will succeed Drexler as the retailer's chairman, effective immediately. 

    By Jan. 19, 2019
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    NRF
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    Deep Dive

    Top retail execs share insights and goals for 2019

    From Lowe's to Brandless, retail executives talked through changes in the retail industry as a whole and their own strategies for the year ahead.

    By , Liza Casabona , , Jan. 18, 2019
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    Sears creditors lob objection at Lampert bid

    The committee of unsecured creditors hopes to land more funds by calling for a hearing to air grievances over years of alleged financial misconduct by Lampert and ESL.

    By Updated Jan. 18, 2019
  • Nordstrom's latest partnership is with period undies brand Thinx

    It's becoming clearer than ever that, to make it in retail, direct-to-consumer businesses need brick and mortar.

    By Jan. 18, 2019
  • Walmart ramps up grocery delivery with 4 new service providers

    The companies, including Roadie and Skip Pickup, will initially cover four states as the retailer works toward its goal of reaching 1,600 delivery stores this year.

    By Kristine Sherred • Jan. 18, 2019
  • VF has 'powerful' Q3 on strength of Vans, The North Face

    The conglomerate has worked to adjust its portfolio to chase growth, and so far that seems to be working.

    By Jan. 18, 2019
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    Mike Mozart via flickr
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    Signet hit with $11M penalty for deceptive credit practices

    The company, which runs mall-based jewelry brands like Kay and Jared, admits no wrongdoing.

    By Jan. 18, 2019
  • Gymboree files bankruptcy for 2nd time in 2 years

    The children's retailer plans to shutter its Gymboree and Crazy 8 stores, but executives have faith in Janie and Jack, and hope to sell it in Chapter 11.

    By Jan. 17, 2019
  • Nine West bondholders object to Sycamore settlement

    The private equity firm offered a $115 million settlement in response to claims it stripped Nine West of value, but bondholders aren't satisfied.

    By Updated Feb. 6, 2019
  • Target private label baby brand expands into essentials

    The mass merchant is taking steps to freshen up some of its brands in a cohort of private labels that has rolled out over the last 18 months.

    By Jan. 17, 2019
  • Deep Dive

    Macy's on the brink

    The retailer's turnaround has been complicated by a holiday sales miss, and CEO Jeff Gennette must figure out how the department store can survive.

    By Jan. 17, 2019
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    Brandless
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    Brandless launches subscription option

    The service is both a convenience play for consumers and a savvy business move aimed at capturing reorders.

    By Jan. 17, 2019