Financial News: Page 186


  • Hurricanes boost October retail sales

    All eyes were on last month's numbers, and, by and large, they point to robust holiday sales.

    By Nov. 16, 2018
  • Dillard's Q3 was 'disappointing' for CEO

    The family-owned regional department store was forced to slash prices on merchandise in the quarter.

    By Nov. 16, 2018
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    Getty Images
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    Retailers are seeing high employee turnover

    Low unemployment is part of a robust economy fueling retail sales, but it's also forcing retailers to get creative as employers.

    By Nov. 16, 2018
  • Stop WALMART Act takes aim at CEO pay, minimum wage

    In order for the company to continue buying back stock, the act would require large employers to implement several changes.

    By Katie Clarey • Nov. 16, 2018
  • Cashierless technology startup Standard Cognition raises $40M

    The company plans to use the funds for rapid global expansion of its AI-powered autonomous checkout, posing a potential threat to Amazon Go.

    By Jessica Dumont • Nov. 16, 2018
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    Charisse Kenion
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    David's Bridal Chapter 11 plan approved

    The company stated that it has sufficient funds to meet business requirements and all 300 stores will remain open throughout the restructuring process.

    By Updated Jan. 7, 2019
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    "J. C. Penney Co." by Chris Chan is licensed under CC BY 2.0
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    J.C. Penney's 'atrocious' Q3 sharpens challenge for new CEO

    The hope for the retailer is that Jill Soltau can bring her merchandising skills to bear on fixing Penney's apparel woes — but she faces an uphill climb.

    By Nov. 15, 2018
  • Bloomingdale's to sell major appliances

    Will shoppers turn to the upscale department store, known for its tony apparel brands, for new televisions or dishwashers?

    By Nov. 15, 2018
  • Nike House of Innovation New York storefront
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    Courtesy of Nike
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    Inside Nike's new House of Innovation flagship

    From customizable sneakers and apparel to a localized Speedshop for New York customers, the flagship does just about everything — including mobile.

    By Nov. 15, 2018
  • Walmart e-commerce sales soar 43%

    Thanks to its brick-and-mortar fleet, grocery sales and e-commerce innovations, Walmart is getting stronger in its battle with Amazon.

    By Nov. 15, 2018
  • Sam's Club hit with timekeeping suit

    The suit alleges improper overtime payments and seeks collective status with a proposed class of all full-time hourly Sam's Club workers.

    By Lisa Burden • Nov. 15, 2018
  • Victoria's Secret CEO reportedly stepping down

    Former Spanx CEO Jan Singer took over from longtime brand chief Sharen Turney a little over two years ago.

    By Nov. 15, 2018
  • Walmart announces predictive scheduling for all US stores

    Employees can work a set schedule for months at a time, or opt for more flexibility — with all scheduling administered through an app.

    By Valerie Bolden-Barrett • Nov. 14, 2018
  • A fight is brewing over Sears' survival in bankruptcy

    Unsecured creditors and the hedge fund run by the company's chairman are already battling in court over the retailer's plan to sell its remaining stores in Chapter 11.

    By Nov. 14, 2018
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    Cara Salpini for Retail Dive
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    Macy's posts 4th straight quarter of comps growth

    According to GlobalData Retail, the number of people planning to visit the retailer for the holidays has risen for the first time in more than eight years.

    By Nov. 14, 2018
  • Lord & Taylor settles state racial discrimination claims

    The retailer's settlement with the Massachusetts attorney general highlights a common lack of explicit policies that prevent retail employees from treating customers unfairly based on race.

    By Updated Nov. 19, 2018
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    Amazon to build supply chain hub in Nashville

    The tech giant said it would build an Operations Center of Excellence in the Tennessee capital, in addition to new headquarters in New York City and Northern Virginia.

    By Edwin Lopez • Nov. 14, 2018
  • Amazon confirms NYC, Northern Virginia as HQ2 locations

    The company also announced a new Operations Center of Excellence in Nashville, Tennessee.

    By Kristin Musulin , Chris Teale • Nov. 13, 2018
  • Flipkart CEO resigns over allegations

    Co-founder Binny Bansal stayed on to oversee operations after Walmart acquired the Indian e-tailer, but unspecified misconduct allegations have forced him out.

    By Nov. 13, 2018
  • Nike headquarters
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    Courtesy of Nike
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    Sports retailers struggle with systemic culture problems

    Allegations against several companies — including Nike, Under Armour and Adidas — raise questions about the root causes of a spate of recent claims.

    By Nov. 13, 2018
  • The Home Depot shrugs off housing slump

    The home improvement retailer is steadily distancing itself from rivals as the choice among consumers and professionals alike.

    By Nov. 13, 2018
  • Coty names new CEO amid downgrade

    Pierre Laubies has challenges ahead, as the company is struggling to integrate its newly acquired P&G beauty business and is beset by ongoing supply chain issues.

    By Nov. 13, 2018
  • Ulta storefront
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    Courtesy of Ulta
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    Ulta makes 2 tech acquisitions to push digital focus

    The beauty retailer has grabbed market share from department stores and drugstores, but may be seeing the limits of its brick-and-mortar expansion.

    By Nov. 12, 2018
  • Walmart to open an in-store AI lab

    The retailer is exploring how artificial intelligence can be used for both store associate and customer-facing applications.

    By Nov. 12, 2018
  • Bebe venture grabs fashion brand Charles Vögele

    The women's retail brand has focused its operations in Europe, where its partnership with Bluestar Alliance has kept sales healthy.

    By Nov. 12, 2018