Financial News: Page 190
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Walmart will expand 2-day shipping, in-store returns
The changes, rolling out in November, could give the retailer a leg up on its competitors.
By Shefali Kapadia • Oct. 23, 2018 -
Suppliers challenge Sears on multiple fronts in Ch. 11
Vendors to the bankrupt retailer have sued, questioning its store liquidation plans and stopping shipments as Sears tries to reorganize.
By Ben Unglesbee • Oct. 23, 2018 -
Opinion
Forget customer convenience, Amazon Go is really about customer data
With each subsequent visit, Amazon will know much more about not only customers' digital shopping habits and preferences, but also brick-and-mortar behaviors, writes Signal's Jason Ankeny.
By Jason Ankeny • Oct. 23, 2018 -
Alibaba launches 10th Singles Day event
The Chinese e-commerce giant's blockbuster event is no longer just a day, and no longer restricted to e-commerce.
By Daphne Howland • Oct. 23, 2018 -
Chip Wilson considers return to Lululemon's board
The company's founder hopes to be on a public board by 2019, preferably Lululemon, he told the Financial Post. A return, however, could be problematic.
By Daphne Howland • Oct. 23, 2018 -
Authentic Brands moves into home market with Heritage Homes buy
The company placed the $38.5 million winning bid at a bankruptcy auction for the IP of Thomasville and Broyhill furniture seller brands.
By Ben Unglesbee • Oct. 22, 2018 -
Nike CIO departs to join pharma giant Merck
Jim Scholefield will move to the pharmaceutical company after working with Nike for over three years.
By Alex Hickey • Oct. 22, 2018 -
Hasbro to reduce global workforce
The company plans a return to growth next year as it finds ways to make up for Toys R Us sales, which dominated the third and fourth quarters last year.
By Daphne Howland • Oct. 22, 2018 -
Pier 1 leans on fulfillment efficiency to revive slipping sales
Initiatives such as a new distribution scheme and warehouse consolidation are part of a broader strategy to address "execution issues" in the company's supply chain, executives said in an earnings call.
By Emma Cosgrove • Oct. 22, 2018 -
Caleres snaps up Vionic for $360M
The latest brand in its growing portfolio adds to the conglomerate's strength in the comfort footwear segment.
By Daphne Howland • Oct. 22, 2018 -
VF sales up 15% with a lot of help from Vans
The company isn't flinching in the face of currency headwinds, trade troubles or the bankruptcy of a major customer, executives said on Friday.
By Daphne Howland • Oct. 19, 2018 -
WeWork, Rent the Runway partner in 6 US cities
The partnership highlights how the coworking company is increasingly moving into retail as well as how the digitally native brand is expanding its brick-and-mortar presence.
By Daphne Howland , Corinne Ruff • Oct. 19, 2018 -
EBay sues Amazon for poaching its best sellers
"The breadth and scope of Amazon's conduct is startling," eBay attorneys said in a complaint against the e-commerce giant.
By Daphne Howland • Oct. 18, 2018 -
Deep Dive
How company culture keeps RetailMeNot ahead of the curve
As the new director of the retail tech company's diversity and inclusion program, Sharon Brogdon joined an organization that is already "walking the talk," but challenges persist.
By Pamela DeLoatch • Oct. 18, 2018 -
Sally Beauty posts flat comps for the first time in 7 quarters
The retailer also announced an executive shuffle amid a turnaround that seems to be on track.
By Daphne Howland • Oct. 18, 2018 -
Sam's Club expands same-day delivery to over half of stores
The expansion via Instacart will touch at least 100 new stores and 90 new markets by the end of this month.
By Jeff Wells • Oct. 18, 2018 -
Fourpost 'microstores' to curate e-commerce brands at Mall of America
The latest effort to bring e-commerce pure-plays to malls was founded by a family member of Mall of America owner Triple Five Group.
By Daphne Howland • Oct. 18, 2018 -
"H&M Canal City Hakata shop in Canal City Hakata East Building at Fukuoka,Japan" by Nissy-KITAQ is licensed under CC BY-SA 3.0
H&M invests $13M in AI-driven menswear startup Thread
Thread adds to the fast-fashion company's portfolio with its AI technology and team of stylists that create online product recommendations for men.
By Dan Alaimo • Oct. 17, 2018 -
Pinterest pushes into mobile shopping with updated Pins, iOS shortcuts
Revamped shopping features boosted clicks on products to retail sites by 40% last quarter.
By Robert Williams • Oct. 17, 2018 -
David's Bridal misses debt payment, setting stage for restructuring
S&P analysts downgraded the wedding apparel retailer's credit rating to default levels as a possible bankruptcy or out-of-court debt restructuring looms.
By Ben Unglesbee • Updated Oct. 17, 2018 -
Barneys rebrands, expands home and kids offering
The upscale department store's home and kids decor section is now "Barneys Home and Kids."
By Daphne Howland • Oct. 17, 2018 -
Nine West files revised Ch. 11 plan with most creditors on board
The filing follows a move by some creditors to sue Nine West's owner, Sycamore Partners, over the leveraged buyout of the retailer five years ago that they say led to its bankruptcy.
By Ben Unglesbee • Updated Oct. 18, 2018 -
Amazon store count tops 600
It's not many stores for a retail giant, but it's enough to say that Amazon is not just an e-commerce player anymore.
By Daphne Howland • Oct. 17, 2018 -
Doug McMillon: 'I want to challenge your thinking of Walmart'
During an investor meeting Tuesday, executives talked up competitive acquisitions, innovation and investments to "empower" store associates.
By Corinne Ruff • Oct. 17, 2018 -
Deep Dive
A timeline of J. Crew's rise and fall
A pandemic was the catalyst for the retailer's Chapter 11 filing. But the company has been on a precarious ledge for years.
By Kaarin Moore • Updated May 7, 2020