Financial News: Page 237


  • Belk grabs The Limited as exclusive label

    Once a definer of casual fashion, the brand will become a department store label for working women.

    By Dec. 6, 2017
  • L'Occitane store redesign promotes 'multi-sensory' experience

    The beauty retailer's immersive store is designed with the elements in mind, with hopes that shoppers engage with products on different levels. 

    By Dec. 5, 2017
  • New Walgreens branding emphasizes distant past

    The move comes just a day after rival CVS blasted into the future with the news it would acquire health insurer Aetna for $69 billion.

    By Dec. 5, 2017
  • Ann Taylor-parent Ascena sees sales sag

    The company is closing stores as it tries to regroup, but it's suffering from fashion misses at more than one of its brands.

    By Dec. 5, 2017
  • Deep Dive

    4 major questions about the proposed CVS-Aetna merger

    The $69 billion merger announced Sunday is the kind of deal that can upend an industry.

    By Shannon Muchmore • Dec. 5, 2017
  • Charming Charlie to close stores, cut corporate staff

    The women's accessories retailer is scaling back operations in an effort to get leaner, as fears of a financial default swirl.

    By Dec. 5, 2017
  • Five Below keeps adding stores as sales soar

    The retailer is managing all manner of trends and fostering a treasure hunt atmosphere, but it could get harder to top its own results going forward.

    By Dec. 5, 2017
  • Guitar Center downgraded

    The guitar retailer may negotiate a debt exchange, but S&P analysts warn a transaction could be "tantamount to default."

    By Dec. 5, 2017
  • Gap lost 54% of its shoppers in one year

    What's more, almost four out of every 10 (38%) of the retailer's lost customers shopped at Old Navy instead, according to research from 1010data.

    By Dec. 5, 2017
  • Toys R Us to shutter 25% of UK stores

    The toy retailer is also looking for more time before submitting a plan to reorganize following its Chapter 11 bankruptcy filing in September. 

    By Dec. 5, 2017
  • Patagonia: 'The president stole your land'

    The outdoor retailer is taking a political stance, a move that has played well with customers in the past, by suing the administration over its recent reduction of protected lands.

    By Dec. 5, 2017
  • Dive Awards

    Technology of the Year: Alexa

    Some 5.6 million Americans will use a voice-activated assistant device at least once a month this year, a 129% increase over last. Amazon is the leader in this space, by a lot, and there are few who doubt the growing power of Alexa.  

    By Dec. 4, 2017
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    Walmart
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    Dive Awards

    Executive of the Year: Marc Lore

    Few executives have had as big an impact in as short a time as Marc Lore. Since joining Walmart as head of U.S. e-commerce, online sales have exploded and the company is building a stable of brands to rival its biggest rival. 

    By Laura Heller • Dec. 4, 2017
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    AP Images, Edited by Kendall Davis/Retail Dive
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    Dive Awards

    The Retail Dive Awards for 2017

    The 2017 Retail Dive Awards recognize the industry’s top disruptors and innovators. These executives, companies and trends are transforming the industry and shaping the future.

    By , , Laura Heller , Dec. 4, 2017
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    Whole Foods Market
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    Dive Awards

    Deal of the Year: Amazon buys Whole Foods

    No other acquisition this year even comes close to the significance this merger will have on retail, across categories and channels. 

    By Dec. 4, 2017
  • Dive Awards

    Turnaround of the Year: Target

    Target has clawed its way out of a pretty big hole, one left by complacent management and an ill-fated expansion into Canada. It's taken time, but the mass merchant has reclaimed its rightful place as a purveyor of unique, well-priced merchandise. 

    By Dec. 4, 2017
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    Sephora
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    Dive Awards

    Store Concept of the Year: Sephora

    In a retail landscape where experience is increasingly key to customer enjoyment, Sephora's store concepts are tech-heavy and service-oriented in a way many brick-and-mortar retailers haven't matched.

    By Dec. 4, 2017
  • Prepare to drop 'shopping' from retail's emphasis

    The vision outlined by commercial real estate services and investment firm CBRE is already emerging at several malls and retailers, most vividly at Apple.

    By Dec. 4, 2017
  • Swarovski launches AR app experience at holiday pop-up

    Perfect's YouCam apps let mobile users virtually try on holiday-inspired makeup and crystal jewelry from the brand.

    By Robert Williams • Dec. 4, 2017
  • Dive Awards

    Disappointment of the Year: J. Crew

    Amid a mass exodus of top executives this spring, J. Crew seems ill-prepared to find the way back to its core consumer base as the retailer struggles to fight off falling sales and a large debt load.

    By Dec. 4, 2017
  • Ulta online sales soar 63%

    Even as the beauty retailer boosts e-commerce and omnichannel growth, it plans to keep building stores, with 100 slated to open next year. 

    By Dec. 4, 2017
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    Getty Images
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    Dive Awards

    Retailer of the Year: Amazon

    Try as we might, there's really no competition. Whether through acquisitions or in-house innovation, Amazon is setting the bar high and everyone else is just trying to come close. 

    By Dec. 4, 2017
  • CVS Health to buy Aetna for $69B

    This move is a massive, if natural extension of CVS's ambitions to become an overall healthcare company and one that could alter the drugstore landscape. 

    By Dec. 4, 2017
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    Gap
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    GapKids teams up with Sarah Jessica Parker

    The actress has brought her style chops to various brands at different price points, and the Gap spring collection will be available worldwide.

    By , Dec. 4, 2017
  • J.C. Penney cuts ties with Russell Simmons apparel

    The Def Jam Recordings co-founder, who founded Argyleculture, is facing multiple allegations of sexual misconduct.

    By Dec. 4, 2017