Financial News: Page 183


  • Glossier showroom in New York
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    Cara Salpini/Retail Dive
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    Glossier president and CFO prepares to leave company

    The company's long-time president announced he will leave the company to found his own business, following other executives out the door.

    By Dec. 6, 2018
  • Neiman Marcus sales slowly build as debt refinancing talks reset

    Tensions rise as at least one debtholder alleges the company has engaged in "deceptive and misleading conduct" with the transfer of its MyTheresa e-commerce business.

    By Dec. 6, 2018
  • The Children's Place shifts to omnichannel, digital to reach millennial moms

    The company sees an opportunity to grab market share in kidswear beyond taking advantage of struggling rivals like Gymboree and Sears.

    By Dec. 6, 2018
  • G-III Apparel Group Q3 growth fueled by wholesale

    Its troubled retail sales are "not a secret" and the company is working to close underperforming stores, according to CEO Morris Goldfarb.

    By Dec. 6, 2018
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    Dakine
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    Marquee snaps up Dakine

    The surf-bike-ski company is the kind of niche brand consumers are gravitating to, and there's plenty of runway for growth. 

    By Dec. 6, 2018
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    Getty Images
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    Bloomberg: Sears hires real estate firm to shop stores around

    The move could complicate Sears Holdings Chairman Eddie Lampert's $4.6 billion bid to buy the business and keep stores open.

    By Updated Dec. 12, 2018
  • Gymboree to shutter Crazy 8 stores amid 'strategic review'

    Just over a year after exiting Chapter 11, the children's retailer is re-examining its brick-and-mortar footprint and considering a sale of its brands.

    By Dec. 5, 2018
  • HBC CEO: Tech and marketing efforts 'are starting to pay off'

    The company closed the deal to unload its European operations and now has the bandwidth to focus on North America, executives said.

    By Dec. 5, 2018
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    Brain Corp
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    Walmart has a fleet of floor-scrubber robots

    The tech is just one efficiency advance among many the big-box retailer is exploring.

    By Dec. 5, 2018
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    Kroger
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    Kroger to sell groceries at Walgreens stores

    The supermarket chain will test Kroger Express outlets inside 13 drug stores.

    By Jeff Wells • Dec. 4, 2018
  • Quip brushes up $40M following Target launch

    After appearing in the big-box retailer's stores this fall, the digitally native oral care brand raised more funding to support product and service launches.

    By Dec. 4, 2018
  • Tariffs won't drive RH manufacturing out of China, CEO says

    The luxury furniture retailer is stoking sales with its services-oriented, hospitality-laced brick-and-mortar strategy.

    By Dec. 4, 2018
  • Ikea to open 1st Manhattan store

    The location is part of the furniture retailer's new sales strategy to reach people in urban areas with smaller living spaces.

    By Dec. 4, 2018
  • Shopko closing 39 stores

    Some say the Wisconsin-based retailer has been challenged by e-commerce, but others point to its private equity ownership.

    By , Updated Dec. 4, 2018
  • Freight costs weigh on Dollar General

    The retailer is reiterating its plan to expand and upgrade stores despite rising transportation expenses and costs wrought by recent hurricanes.

    By Dec. 4, 2018
  • Sears employees push for severance pay

    In a letter addressed to the retailer's chairman, dozens of current and former employees urged Eddie Lampert and other creditors to pay severance.

    By Dec. 3, 2018
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    "J.Jill" by Corey Coyle is licensed under CC BY 3.0
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    J. Jill CFO out amid turnaround

    Dave Biese will leave next spring, the retailer said after a quarter demonstrating some traction in its new merchandising and marketing efforts.

    By Dec. 3, 2018
  • Dive Awards

    Retailer of the Year: Target

    Within a year and a half, Target's aggressive business strategy has catapulted the mass merchant from a turnaround story slowly rebounding from quarterly declines to the top of the retail food chain.

    By Updated Dec. 3, 2018
  • Dive Awards

    Turnaround of the Year: Kohl's

    After a stretch of declining sales, Kohl's took control of its fate through new brand and product partnerships, a loyalty revamp and moves to become more operationally nimble.

    By Dec. 3, 2018
  • Dive Awards

    Executive of the Year: Jeff Gennette, Macy's

    While Macy's is still executing on its turnaround plan, the CEO's vision has so far helped the iconic retailer reimagine its purpose for customers in a new era for department stores. 

    By Dec. 3, 2018
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    Casper
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    Dive Awards

    Startup of the Year: Casper

    For a 4-year-old company, Casper is more than carrying its weight in the sector, with big plans for brick-and-mortar growth and a fresh approach to mattresses.

    By Dec. 3, 2018
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    Yujin Kim for Retail Dive
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    Dive Awards

    The Retail Dive Awards for 2018

    Whether it's giving an old brand new life or transforming the industry on a larger scale, these top retail executives and companies made an impact on 2018.

    By Retail Dive Team • Dec. 3, 2018
  • Dive Awards

    Disruptor of the Year: Katrina Lake, Stitch Fix

    The Stitch Fix founder has merged data science, logistics and fashion intuition, pushing forward an entirely different approach to shopping for clothes that others are mimicking. 

    By Dec. 3, 2018
  • CEO of Parcel, Walmart's grocery delivery arm in NYC, departs

    Jesse Kaplan's departure could deal a blow to the retailer's efforts to gain inroads in the Big Apple through its Jet.com business, Bloomberg writes.

    By Jessica Dumont • Nov. 30, 2018
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    Eloquii
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    Eloquii opens SoHo pop-up

    The plus-size brand is no longer an e-commerce pure play, and the expansion is likely benefiting from Eloquii's recent acquisition by Walmart. 

    By Nov. 30, 2018