Financial News: Page 207
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RH raises guidance as rebrand takes hold
The retailer is expanding its new, smaller gallery concept while also revamping the supply chain.
By Daphne Howland • June 13, 2018 -
Suitsupply opens 100th store
Founder Fokke de Jong sees further expansion on the way, saying the 18-year-old Dutch company has "more growth ahead of us than behind us."
By Daphne Howland • June 13, 2018 -
Urban Outfitters delivers on sales and Wall Street applauds
The apparel retailer is building on a strong first quarter as store sales at its brands increase and digital sales explode.
By Daphne Howland • June 13, 2018 -
Whole Foods is 'accelerating' its Prime savings rollout
The grocer added the membership discounts to stores in 10 states this week, and says it's getting strong customer feedback.
By Alicia Kelso • June 13, 2018 -
Sears expands tire collaboration with Amazon
The department store retailer has now made its tire installation partnership with Amazon available nationwide.
By Daphne Howland , Ben Unglesbee • Updated Aug. 28, 2018 -
Rent-A-Center rejects possible sale, then gets another offer
The rent-to-own retailer is committed to going forward alone with its turnaround plan, at least until the next "credible offer" rolls in.
By Ben Unglesbee • June 12, 2018 -
Nine West sells key brands for $340M
The retailer's namesake and Bandolino brands were bid up in auction, indicating there is life and value in them after bankruptcy — now comes the fight over who gets the proceeds.
By Ben Unglesbee • Updated July 5, 2018 -
Amazon under fire for working conditions in China
Reports of mistreatment of contract workers in a factory manufacturing Kindle, Echo Dots and tablets are the latest round of labor and workplace allegations threatening to dull the e-commerce giant's shiny reputation.
By Daphne Howland • June 12, 2018 -
First-ever Covergirl store planned for Times Square
The first store dedicated to the mass market beauty brand will open this fall in New York City.
By Daphne Howland • June 12, 2018 -
Lands' End losses narrow as sales plunge 19%
The company continues to grapple with the downfall of Sears, which once owned Lands' End and still runs many of its locations.
By Daphne Howland • June 12, 2018 -
Harry's of London opens first American flagship in NYC
The brand has come to America as part of a global expansion under new leadership.
By Daphne Howland • June 12, 2018 -
Lug opens first retail store
The Oprah favorite has opened its first brick-and-mortar location at the Baltimore airport.
By Daphne Howland • June 11, 2018 -
J.C. Penney plots 650 Fanatics shop-in-shops
Quarter after quarter, the company's Sephora beauty concessions are one of the few bright spots — but new sports offerings may present a similar opportunity.
By Daphne Howland • June 11, 2018 -
Deep Dive
30 minutes with Bluemercury's co-founder
The luxury beauty brand has expanded dramatically since it was acquired by Macy's. But growing a business from within a retail behemoth presents unique opportunities and challenges.
By Corinne Ruff • June 11, 2018 -
Target scoops up exclusive partnership with Museum of Ice Cream
In July, pints inspired by the experience will be sold exclusively at Target, marking the concept’s first foray into another retailer’s space.
By Alicia Kelso • June 11, 2018 -
Eloquii banks on stores for growth
Eloquii has gone from a Limited castoff to growing fashion brand serving a niche shopper, online and in stores.
By Laura Heller • June 8, 2018 -
PetSmart reportedly hires debt advisers
With profits falling, competition heating up and credit facing downgrades, the pet retailer is looking to trim its debt load, according to Reuters.
By Ben Unglesbee • June 8, 2018 -
Sears online sales a fraction of department store peers
Sales volume through e-commerce channels is falling as customers generally show more reluctance to shop the Sears brand, new research shows.
By Ben Unglesbee • June 8, 2018 -
Eddie Bauer, PacSun combined under new operating company
The private equity firm will gain efficiencies from the move, but that doesn't mean it will do much else for either brand.
By Daphne Howland • June 8, 2018 -
7 ways Walmart is innovating with technology
From new mobile apps for both customers and employees to robots on the store floor, Walmart is using tech to best the competition.
By Laura Heller • June 7, 2018 -
Roots debuts sensory-driven store in continued US expansion
The new store is the first of its kind for the company, and focuses on customer experience and customization.
By Daphne Howland • June 7, 2018 -
Target launches another home brand in private label push
The new Made By Design line is part of a strategy helping drive up comparable sales and traffic.
By Corinne Ruff • June 7, 2018 -
J.C. Penney downgraded amid uncertainty over turnaround
Moody's dropped the department store chain's credit rating, citing poor operating performance and renewed anxiety over the company's ability to reverse course after the departure of its CEO.
By Ben Unglesbee • June 7, 2018 -
Five Below adds 33 more stores as sales surge 27%
The company isn't too worried about the fizzling of the fidget spinner craze, although that will hurt store comps in the next two quarters.
By Daphne Howland • June 7, 2018 -
Neiman Marcus extends sales streak
The debt-laden luxury store chain increased comparable sales by 6% in the previous period and marked three straight quarters of sales gains.
By Ben Unglesbee • June 6, 2018