Financial News: Page 228


  • Nike promotes 2 women to replace executives departing amid 'toxic environment'

    Nike is moving fairly quickly to replace executives who have left in recent weeks, including appointing a new C-level chief diversity and inclusion officer.

    By April 30, 2018
  • Toys R Us still has a chance to save some US stores

    The investment firm buying the retailer's Canadian business is reportedly interested in select units, while MGA's CEO Isaac Larian, plans "to continue the fight to save Toys R Us in the U.S."

    By April 30, 2018
  • Younger apparel shoppers flock to Amazon, Target and T.J.Maxx

    Walmart is maintaining its stronghold with older, less wealthy shoppers, while T.J. Maxx is appealing to pretty much everybody, according to a report from Coresight Research.

    By April 30, 2018
  • Fred's CEO departs

    The drug store retailer's CEO has left after just two years on the job and a bid to buy up hundreds of Rite Aid stores failed last year. 

    By April 30, 2018
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    Courtesy of Simon Property Group
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    Malls plan for more store closures

    Shopping centers are mixing up their tenant base as department stores, which have served as anchor tenants for decades, close locations.

    By April 30, 2018
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    Retrieved from Target on April 30, 2018
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    Target hosts 10 startups in a mini beauty accelerator

    Last week, Target Takeoff brought the beauty startups to Minneapolis for mentoring and product pitches.

    By April 30, 2018
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    Getty Images
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    Walmart pays out millions in exec bonuses said to be cut

    A spokesperson for the retailer clarified that the cuts aren't due to take place until 2020.

    By April 27, 2018
  • Walmart Labs on tech hiring binge in California, Arkansas

    The retailer is trading traditional roles for highly skilled technical positions as it ramps up the R&D operations of Walmart Labs.

    By April 27, 2018
  • J. Crew prevails in debt-swap ruling

    A New York judge narrowed a lawsuit brought by holdouts in a deal last year that moved J. Crew brand property to a subsidiary to secure new financing.

    By April 27, 2018
  • WeWork raises more than $700M from bond market

    The resulting peek into the co-working startup's financials gives some investors pause as they consider WeWork's business model and ability to repay.

    By April 27, 2018
  • Mattel sales fall 4% in a post-Toys R Us world

    The toy brand must figure out how to carry on without the collapsing retailer, previously its biggest worldwide retail partner.

    By April 27, 2018
  • GNC to shutter 200 stores

    The supplements retailer is seeing better results abroad, though its deal with Chinese pharmaceutical company Hayao hit a snag Wednesday.

    By April 26, 2018
  • Deep Dive

    12 retailers at risk of bankruptcy in 2018

    Six major retailers have already filed for bankruptcy in 2018, pointing to more struggles ahead. With data from CreditRiskMonitor, we looked at the companies that could be vulnerable in the next 12 months. 

    By April 25, 2018
  • Charming Charlie exits bankruptcy with 100 fewer stores

    The apparel and accessories retailer made a quick exit out of Chapter 11 after having filed in December with a plan to close stores and cut debt. 

    By April 25, 2018
  • Sears real estate chief preparing to step down

    After 15 years, Jeff Stollenwerck will depart as the retail giant grapples with plummeting sales throughout its shrinking brick-and-mortar footprint. 

    By April 25, 2018
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    Retrieved from Walmart on April 06, 2018
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    Deep Dive

    Will Walmart's BOPIS plan tower over rivals?

    Walmart is back in build-out mode. Last year, the retailer rolled out 200 Pickup Towers across its vast store fleet — and at least another 500 are on their way.

    By April 25, 2018
  • Amazon reportedly eyeing QVC rival Evine Live

    A home shopping network is an ideal way to reach baby boomers, and could prompt Walmart to make an acquisition of its own. 

    By April 25, 2018
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    OliverMcMillan
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    No18 to bring new co-working concept to the Shops at Buckhead Atlanta

    Retail and shared workspaces are a match poised to thrive — both need real estate and benefit from many of the same amenities.

    By April 25, 2018
  • With Walmart deal, DoorDash joins the grocery delivery cage match

    The company, which had previously worked with restaurants, will deliver groceries to Walmart customers in Atlanta, with more markets to come.

    By Jeff Wells • April 25, 2018
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    Ben Unglesbee/Retail Dive
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    Deep Dive

    In search of the real J. Peterman

    "Seinfeld," Oprah, venture capital, bankruptcy: Catalog retailer John Peterman has endured everything the world has thrown at him. Can his company survive the digital era and the aging of its customers?

    By April 24, 2018
  • Amazon warehouse workers reportedly relying on SNAP

    The Intercept found that in five states the e-commerce giant was among the top 20 companies with employees who rely on food subsidies.

    By April 24, 2018
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    Wikipedia
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    Brookfield plans 'retail incubator' on New York's Bleecker Street

    The company bought up properties in the Greenwich Village neighborhood for $31.5 million and plans a retail- and arts-based revitalization that includes e-commerce companies.

    By April 24, 2018
  • Old Navy to open 60 new stores this year

    That's double the more than 30 new Old Navy stores the company opened last year.

    By Updated April 24, 2018
  • Target launches Hunter collaboration without signature boots

    Target said it's looking into what happened — but it's a big miss considering Hunter's iconic status and the key role Target’s collaborations with major labels play in merchandise differentiation.

    By April 23, 2018
  • Toys R Us has $100 million offer from rival for European units

    The bankrupt toy retailer said toy chain Smyths has agreed to buy its stores in Germany, Austria and Switzerland. 

    By April 23, 2018