Financial News: Page 244
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Toys R Us gets a head start on Black Friday
America’s most prominent toy retailer has little wiggle room this holiday season in light of last month's bankruptcy filing.
By Daphne Howland • Oct. 23, 2017 -
Alibaba tees off Singles Day 3 weeks early
More than 140,000 brands will participate in the shopping holiday, which last year shattered expectations with $18 billion in sales.
By Daphne Howland • Oct. 23, 2017 -
Apple opens buzzworthy Chicago flagship
The store serves as a showplace for Apple's new devices and positions the location as a gathering place in addition to a shopping destination.
By Daphne Howland • Oct. 23, 2017 -
Amazon powers up Texas wind farm
With the launch of the e-commerce giant's Snyder, Texas, wind farm, its renewable energy projects will generate enough clean energy to power more than 330,000 homes each year.
By Daphne Howland • Oct. 20, 2017 -
Stitch Fix files for an IPO
An IPO will likely challenge the online personal styling model, which remains popular but is largely untested as a profitable enterprise.
By Daphne Howland • Oct. 20, 2017 -
Sears takes another $40M from CEO's hedge fund
The murky relationship between Lampert and Sears continues in the slow, agonizing wind-down of the once-iconic retailer.
By Daphne Howland • Oct. 20, 2017 -
Target increases store remodels to 1,000 units
The mass merchant's revamp of 70 stores is paying off online and off, and the new design was on display as the company debuted a location in Midtown Manhattan.
By Daphne Howland • Oct. 20, 2017 -
Walmart, JD.com reportedly integrating customer loyalty in China
In a challenge to Alibaba, the companies will also develop a program for JD.com to fulfill orders by relying on inventory from Walmart.
By Dan O'Shea • Oct. 19, 2017 -
Google reprises holiday pop-ups in NYC and LA
Unlike last year, customers can buy Google devices on the spot.
By Daphne Howland • Oct. 19, 2017 -
Gordmans wins OK for liquidation plan
A bankruptcy judge approved the discount department store chain's plans to liquidate and transfer assets to Stage Stores, which reported a $55.5 million bump in sales from Gordmans.
By Ben Unglesbee • Oct. 19, 2017 -
Target designs private label apparel for kids with disabilities
Cat & Jack, a private line of kids clothing unveiled by Target last year, has surpassed the $2 billion mark to be one of Target’s largest brands ever, the company said Wednesday.
By Daphne Howland • Oct. 19, 2017 -
Report: Lord & Taylor to sell on Walmart.com
If true, the move could be another attempt by the big box retailer to gain a foothold with wealthy, younger customers.
By Daphne Howland • Oct. 19, 2017 -
Podcast
Conversational Commerce: How Matthew Shay views the state of the retail industry
Retail Dive sat down with the head of the NRF to talk about the evolution of the association and the industry when it comes to public policy, technology and changing consumer habits.
By Corinne Ruff • Oct. 19, 2017 -
Amazon to take over top floors of Seattle Macy's
The move is rife with symbolism, as the e-commerce giant continues to make life hard for department store retailers.
By Daphne Howland • Oct. 19, 2017 -
Amazon is open for business at Kohl's
The e-commerce giant and the discount department store have been quietly working out their alliance since the spring.
By Daphne Howland • Oct. 19, 2017 -
Deep Dive
Walmart’s Store No. 8 showcases the future of VR
The event, a first of its kind for Walmart, drew an exclusive group of high-tech brands, technologists and venture capitalists to debut the latest in VR.
By Corinne Ruff • Oct. 19, 2017 -
Report: Amazon Prime reaches 90M US members
Almost all (95%) of Prime users said they're likely to renew their membership, according to the most recent survey by equity securities research firm Consumer Intelligence Research Partners.
By Daphne Howland • Oct. 18, 2017 -
Toys R Us plays with Asian unit IPO
The retailer is reportedly exploring options for its growing Asian unit, which could include a spin off that would benefit Toys R Us' private equity owners, according to Bloomberg.
By Ben Unglesbee • Oct. 18, 2017 -
Asos proves fast fashion isn't cheap, sees 'huge' growth ahead
With dramatic increases in year-to-date sales, the U.K. e-commerce retailer is also proof that younger shoppers are eager to hit the buy button.
By Daphne Howland • Oct. 18, 2017 -
Walgreens to add 300 tech jobs in Chicago
The move may be an attempt to boost innovation at the drugstore retailer as companies like Amazon threaten to get into the space.
By Dan O'Shea • Oct. 18, 2017 -
Target unveils climate change program
The mass merchant is in something of a positive arms race with Walmart to improve energy and water use efficiencies, which benefit their operations and win over customers.
By Daphne Howland • Oct. 18, 2017 -
Bon-Ton suppliers reportedly pulling back
Some of the struggling retailer's vendors are asking for better financial terms as they try to protect themselves from the possibility of bankruptcy, Bloomberg reports.
By Ben Unglesbee • Oct. 17, 2017 -
Major Sears investor departs
Bruce Berkowitz, of investment management firm Fairholme Capital Management, joined the Sears Holdings board of directors last year.
By Daphne Howland • Oct. 17, 2017 -
Rent the Runway rolls out cheaper subscription service
The apparel rental service aims to move beyond relying on buzz as it tests the limits of its "Closetless Future" concept.
By Daphne Howland • Oct. 17, 2017 -
Deep Dive
The transformation of the NRF — and how Matthew Shay envisions the future
The head of the trade association sat down with Retail Dive to share what he’s learned during his seven years at the helm and what role the organization plays going forward.
By Corinne Ruff • Oct. 16, 2017