Financial News: Page 206


  • VF selling Reef beach footwear brand

    The company continues to sharpen its focus by ejecting yet another brand from its portfolio.

    By Oct. 4, 2018
  • Mattress Firm reportedly preparing to file for bankruptcy

    The mattress retailer is looking to shed stores and could file as soon as this week, according to a Reuters report.

    By Oct. 4, 2018
  • How Eloquii fits into Walmart's quest for upscale growth

    The women's plus-size apparel business is the latest digitally native brand to join the ranks of Walmart's portfolio. And it offers a slice of a $21 billion market.

    By Oct. 3, 2018
  • Toys R Us cancels IP auction, leaving brand property for its backers

    The toy retailer said this summer around 115 parties showed interest in its IP — but apparently none of them brought enough cash to the table. 

    By Oct. 3, 2018
  • Justice launches entertainment arm

    The most successful brand in Ascena Retail Group is taking full advantage of its strong loyalty from young shoppers and their parents.

    By Oct. 3, 2018
  • J.C. Penney taps former Joann chief as CEO

    After a shakeup in executive staff, the department store has turned to merchandising veteran Jill Soltau to lead it out of the doldrums.

    By Oct. 3, 2018
  • Ross to settle $4.9M lawsuit over 'deceptive' price tags

    It's getting harder for off-price retailers to stock big name brands, making "compare to" pricing fraught.

    By Oct. 3, 2018
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    How big is Amazon's wage increase?

    The e-commerce giant has previously been criticized for poor working conditions and low wages, but its hourly pay is now above even Costco's.

    By Oct. 3, 2018
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    Retrieved from Walmart on October 02, 2018
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    Walmart buys Eloquii for undisclosed amount

    The deal is expected to close within the quarter, according to company materials provided to Retail Dive.

    By Updated Oct. 2, 2018
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    Amazon to boost minimum wage to $15 an hour for all employees

    The announcement impacts all of the company's full-time, part-time, seasonal and temporary employees in the U.S., including those hired by agencies.

    By Ryan Golden • Oct. 2, 2018
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    Courtesy of Birkenstock
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    Birkenstock opens first US store in NYC's SoHo

    The new store demonstrates the enduring appeal of New York's historic shopping district in particular and of brick-and-mortar locations in general.

    By Oct. 2, 2018
  • Stitch Fix expands to the UK, faces 'slight hiccup' at home

    Shares of the online apparel box service fell more than 20% after earnings fell short of Wall Street's estimates.

    By Oct. 2, 2018
  • Toys R Us owners announce $20M employee fund

    The move follows months of activists' efforts to win severance for the toy retailer's employees let go after Toys R Us liquidated its stores in bankruptcy.

    By Updated Nov. 21, 2018
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    Retrieved from Target on October 01, 2018
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    Target private label collection spotlights women leaders

    The company's latest partnership features Vital Voices, a non-profit organization that promotes the work of female leaders.

    By Oct. 1, 2018
  • Michaels expanding toy assortment

    The crafts retailer joins several others in working to fill a void opened by the collapse of Toys R Us.

    By Oct. 1, 2018
  • Chanel acquires British swim brand Orlebar Brown

    The luxury brand, which is in the midst of streamlining operations, is tapping a digital success story to fuel synergies and expansions.

    By Oct. 1, 2018
  • Deep Dive

    The faultlines in retail real estate

    The American retail landscape is different now: malls are losing anchors and big boxes are in decline. But e-commerce is hardly the only reason.

    By Oct. 1, 2018
  • NAFTA negotiators strike a new deal

    Retail trade groups are applauding the new agreement, which the U.S., Mexico and Canada are expected to sign in late November.

    By Edwin Lopez • Oct. 1, 2018
  • Rite Aid posts $352.3M loss

    While the loss of income surprised analysts, the drug store retailer made progress on sales as it tries to find a path alone following two failed mergers. 

    By Sept. 28, 2018
  • J.C. Penney hires its 2nd interim CFO in a month

    The retailer named Michael Fung as its new temporary finance chief as it grapples with around $4 billion of debt and a cloud of uncertainty.

    By Updated Oct. 30, 2018
  • Nordstrom expanding 'Local' stores

    The department store's Local concept, like Bonobos's Guideshops, has transformed the problem of showrooming into an advantage.

    By Sept. 28, 2018
  • Belk unveils private-label beauty brand

    The regional department store joins rivals in working to recapture share in a market that has moved to specialty players.

    By Sept. 28, 2018
  • Kohl's to launch home collection with HGTV's Scott twins

    The department store has cleaned up its stores and differentiated its merchandise of late, boosting revenue and margins in the process.

    By Sept. 28, 2018
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    Corinne Ruff
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    Inside the J. Crew-Universal Standard collaboration

    This summer, the iconic American brand partnered with a startup to expand its sizing — and executives say it's already paying off.

    By Sept. 27, 2018
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    Retrieved from Amazon on September 27, 2018
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    Amazon opens '4-star' store in New York City

    The new store will be a test of the e-commerce giant's ability to connect with customers through brick and mortar.

    By Sept. 27, 2018