Financial News: Page 195
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Banana Republic unveils Kevin Love capsule collection
The limited-edition collection is boosted by an online advertising campaign, further evidence that Gap Inc. hasn't given up on Banana Republic.
By Daphne Howland • Sept. 19, 2018 -
Zola registers Crate & Barrel collection
Ahead of engagement season — not to mention the holidays — the wedding registry business will add 3,500 Crate & Barrel products to its assortment.
By Corinne Ruff • Sept. 19, 2018 -
Claire's looks to exit Chapter 11 in October
On Friday, a federal bankruptcy court approved the teen retailer's reorganization plan — which would lift about $1.9 billion in debt from its books — following a contentious legal fight.
By Ben Unglesbee • Updated Sept. 24, 2018 -
The Market @ Macy's debuts ahead of the holidays
The department store retailer is also rolling out VR experiences in the furniture department and AR ones in beauty, CEO Jeff Gennette said at Code Commerce Monday.
By Corinne Ruff • Sept. 18, 2018 -
Instagram expands shopping features to boost brands' direct sales
Two new features in Stories and Explore could help to close the sales loop for the more than 90 million users that tap shoppable posts for more product information.
By Robert Williams • Sept. 18, 2018 -
Neiman Marcus ends fiscal year with some breathing room
The upscale department store trimmed its losses significantly, which bodes well as it enters a new fiscal year where it begins to tackle its massive debt.
By Daphne Howland • Sept. 18, 2018 -
"Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0
Staples buys workplace vendor Essendant for $996M
Like rival Office Depot, Staples is fortifying its ability to cater to business customers through acquisitions.
By Daphne Howland • Updated Feb. 1, 2019 -
Amazon investigating employees for data bribery
The e-tailer has a record of protecting transparency in its reviews, and a high level of consumer trust, but employees in China are reportedly selling data to third-party sellers.
By Daphne Howland • Sept. 18, 2018 -
Crate & Barrel plots restaurant at Chicago store
Popular Korean barbecue chef Bill Kim will helm the kitchen at Crate & Barrel's first restaurant, slated to open next spring.
By Daphne Howland • Sept. 18, 2018 -
Deep Dive
One year later: Toys R Us' fatal journey through Chapter 11
On the anniversary of the toy seller's disastrous bankruptcy, here is a look back at all the twists and turns in one of the largest and most dramatic Chapter 11s in retail history.
By Ben Unglesbee • Sept. 18, 2018 -
Why L Brands is giving up on Henri Bendel
With the company struggling amid the downturn at its flagship Victoria's Secret banner, the iconic fashion label had to go. But did it ever have a chance?
By Daphne Howland • Sept. 17, 2018 -
Deep Dive
Can Barnes & Noble be saved?
A revolving door of CEOs and failed attempts to boost stores with restaurants have plagued the retailer's turnaround efforts. Some say that's because there's no place left for big-box book retailing.
By Corinne Ruff • Sept. 17, 2018 -
Retail rents, vacancies stabilizing
Various reports suggest the worst of the impact of retail closures is probably over, as new tenants fill space vacated by anchoring stores.
By Daphne Howland • Sept. 17, 2018 -
August retail sales miss as gas prices rise
Disappointing retail sales last month are unlikely to dent holiday forecasts, unless tariffs force new challenges onto American consumers.
By Daphne Howland • Sept. 17, 2018 -
L Brands shuttering Henri Bendel
The move will be a boon to shareholders and allow L Brands to focus on its core business, according to B. Riley FBR analysts.
By Daphne Howland • Sept. 14, 2018 -
Sears posts lowest drop in comps since 2014, but losses balloon
The ailing department store retailer staunched the bleeding in its sales base, but did so partly through promotions and merchandise discounts as its losses doubled year over year.
By Ben Unglesbee • Sept. 14, 2018 -
Retailers in the forefront of hurricane preparedness
While much is made of the benefits and costs to retailers during major weather events, their focus is on safety.
By Daphne Howland • Sept. 14, 2018 -
Container Store tracks appointments with voice tech
The storage retailer reported customer satisfaction and workflow improvements after it deployed in-ear voice technology combined with smart appointment scheduling — an industry first.
By Dan Alaimo • Sept. 14, 2018 -
Target dishes up exclusive Chrissy Teigen kitchen line
The mass merchant also recently debuted a collaboration with popular game Minecraft and a new private label — mainstays in Target's playbook.
By Corinne Ruff • Sept. 14, 2018 -
Vince bounces back in Q2
With backing from banks that seem confident in its business, the upscale apparel company's turnaround appears to be taking hold.
By Daphne Howland • Sept. 13, 2018 -
Brookstone gets more than $65M in winning Ch. 11 bid
The bankrupt retailer had two brand management companies fighting over it ahead of an asset auction, an indication its brand is still valuable.
By Ben Unglesbee • Updated Oct. 3, 2018 -
Hurricane Florence could cost retailers $700M
Major retailers like Target and Walmart are bracing for the hit in the Carolinas, stocking some stores with needed supplies while shuttering others.
By Daphne Howland • Sept. 13, 2018 -
Amazon, Good Housekeeping prep Mall of America holiday shop
Customers can test 150 products and buy via Amazon's mobile app or scannable SmileCodes.
By Robert Williams • Sept. 13, 2018 -
New York & Co. rebrands amid growth ambitions
The company's new moniker, "RTW Retailwinds," ironically reflects its struggle against the headwinds faced by many apparel retailers.
By Daphne Howland • Sept. 13, 2018 -
Madewell launches its first men's collection
The brand's expansion into menswear is the latest in a series of tactical decisions by its parent company, J.Crew.
By Kaarin Moore • Sept. 12, 2018