Financial News: Page 245
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Deep Dive
6 retailers that are forgotten — but not gone
Amazon hasn't killed them. They haven't been raptured in the "retail apocalypse." Nor are they trending online or in the media. But these retailers have staying power.
By Ben Unglesbee • Oct. 16, 2017 -
UPDATE: Amazon Studios chief resigns amid Hollywood upheaval
The e-commerce giant cancelled a London event and suspended the head of its media studios amid allegations of harassment.
By Ben Unglesbee • Oct. 16, 2017 -
Nordstrom family drops go-private talks, for now
The executive group interested in buying out the retailer has paused exploration of a go-private transaction until after the holidays.
By Ben Unglesbee • Oct. 16, 2017 -
Macy's to open again on Thanksgiving
While more retailers than ever are opting to close on the holiday, the department store retailer will open its doors at 5 p.m.
By Daphne Howland • Oct. 16, 2017 -
Pop-up vendor Appear Here grabs new investment
The company, which provides retailers with a pop-up space of their own, just drew a new investor as the strategy becomes increasingly popular.
By Dan O'Shea • Oct. 16, 2017 -
Adidas' new Chicago store goes hyperlocal
The sports apparel brand has grabbed back the number two spot from Under Armour, basing much of its comeback on in-store experiences and urban aesthetics.
By Daphne Howland • Oct. 16, 2017 -
Whole Foods shutters '365' store in Washington
The decision was made before Amazon's acquisition of the organic grocery chain and raises questions about the success of the private label line.
By Daphne Howland • Oct. 16, 2017 -
Target + Techstars startups are moving to Minneapolis
As the retail accelerator comes to an end, half of the 10 participating startups are leaving with formal agreements with Target for pilot projects.
By Daphne Howland, Corinne Ruff • Oct. 16, 2017 -
Costco is 58% cheaper than Whole Foods
Even though shoppers get a much different experience at the natural and organic retailer, they are paying more for it, according to an analysis by JPMorgan.
By Erika Kincaid • Oct. 16, 2017 -
Mackey: Marriage to Amazon has been challenging as cultures mesh
The Whole Foods CEO told APICS 2017 conference attendees that the two companies' cultures are clashing.
By Kate Patrick Macri • Oct. 16, 2017 -
Amazon reportedly jumping into athletic wear
Vendors serving some of the biggest names in sports apparel are working with the online giant on an experimental basis, Bloomberg reports.
By Daphne Howland • Oct. 16, 2017 -
Retail sales spike 1.6% in September
Sales last month got a boost in part from hurricane-related buying, but they also reflect a relatively strong consumer economy.
By Ben Unglesbee • Oct. 13, 2017 -
Teens are turning their backs on Nike
Street styles are capturing the young generation's attention, although they're still more likely to spend money on food, according to a recent report.
By Daphne Howland • Oct. 13, 2017 -
Amazon ratchets up holiday hiring to fill more than 120,000 jobs
The company hopes to attract new full- and part-time workers with a generous set of benefits.
By Valerie Bolden-Barrett • Oct. 13, 2017 -
Target unveils 'Stranger Things' merch ahead of season 2 premiere
The mass merchant is continuing to push for differentiated merchandise amid the fierce price war in grocery and consumables.
By Daphne Howland • Oct. 13, 2017 -
Amazon's HQ2 city could already be home to one of its research hubs
One-quarter of the company's employees work in research and development hubs around the U.S., shedding light on where it might expand its footprint.
By Kim Slowey • Oct. 13, 2017 -
J. Jill warns of 'disappointing' Q3
The setback arguably began with the retailer’s IPO in March, when the women's apparel brand failed to meet its target price.
By Daphne Howland • Oct. 13, 2017 -
Target expands Google partnership with Express delivery and Voice
Target follows Walmart to Google as merchants scramble to make up ground in the race against Amazon's voice-assisted shopping.
By Dan O'Shea • Oct. 12, 2017 -
Perfumania exits bankruptcy as a private company
The fragrance retailer and wholesaler emerged from bankruptcy on Wednesday as a smaller, family-owned retailer.
By Ben Unglesbee • Oct. 12, 2017 -
Coach rebrands as 'Tapestry'
The name change reflects the fact that the company, after acquiring Stuart Weitzman and Kate Spade & Company, aims to be a fashion powerhouse.
By Daphne Howland • Oct. 12, 2017 -
Neiman Marcus unveils 'digital first' strategy
It's the retailer's 10th straight quarter of declines, but the new plan involves digital style services and more personalized interactions.
By Daphne Howland • Oct. 12, 2017 -
Nordstrom faces call to drop Donna Karan merchandise
The designer's controversial comments regarding Harvey Weinstein are drawing ire as calls for a boycott grow.
By Daphne Howland • Oct. 12, 2017 -
Walmart focused on digital, dials back store growth
The retailer is all about growing online sales and will pull all the levers provided by Jet and its founder Marc Lore, but reception is mixed.
By Daphne Howland • Oct. 11, 2017 -
Ross builds 40 new stores in just over a month
The new additions bring the off-price retailer's total store count to more than 1,400, and the company's president said there are more to come.
By Ben Unglesbee • Oct. 11, 2017 -
Sears Canada to shut down after buyout bid fails
A last-minute effort to save the Canadian department store came up short, leaving the company to shutter operations and liquidate its stores.
By Ben Unglesbee • Oct. 11, 2017