Financial News: Page 248
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Bass Pro Shops completes $5B Cabela's acquisition
After nearly two years of talks and antitrust hurdles, the rival companies have successfully merged.
By Daphne Howland • Sept. 27, 2017 -
New Macy's loyalty program nudges customers to spend more
By rewarding shoppers that spend, the department store retailer is trying to capitalize on the 10% of customers who account for half of its business.
By Ben Unglesbee • Sept. 27, 2017 -
Marc Lore: Walmart's e-commerce unit still 'feels like a startup'
At Shop.org, the head of Walmart's U.S. e-commerce spoke about the retailer's acquisition strategy and new technology.
By Laura Heller • Sept. 27, 2017 -
Target food partner Freshii pulls out of all stores
Over the years, Target has moved to replace its traditional popcorn and hot dog concessions with sleeker Starbucks, Freshii and Which Wich cafes.
By Daphne Howland • Sept. 27, 2017 -
Walmart taps Facebook's Workplace to boost productivity
It's part of the retailer's drive to "be a better place to work" and comes on the heels of its new planned corporate campus intended to facilitate teamwork.
By Daphne Howland • Sept. 27, 2017 -
Alfred Angelo bankruptcy auction collects meager $245K for creditors
The bridal retailer's liquidation this summer didn't reduce its $78 million debt load all that much.
By Daphne Howland • Sept. 27, 2017 -
2 Adidas marketing execs caught in college basketball bribery crackdown
Director of Global Sports Marketing James Gatto is among 10 individuals being charged by the U.S. Department of Justice.
By David Kirkpatrick • Sept. 27, 2017 -
Nike faces headwinds in North America
The athletic retailers' focus on overseas markets and selling directly to consumers, including on Amazon, should challenge other retailers.
By Daphne Howland • Sept. 27, 2017 -
Kohl's CEO to retire next year
Kevin Mansell is set to retire in May, when current Chief Merchandising and Customer Officer Michelle Gass will takeover as chief executive.
By Ben Unglesbee • Sept. 26, 2017 -
Ascena stuns with surprise sales and profit beats
The retailer, which runs Ann Taylor, LOFT and other store brands, delivered a fourth quarter performance that bested not just analysts’ expectations, but also its own.
By Daphne Howland • Sept. 26, 2017 -
Podcast
Conversational Commerce: Why Toys R Us went bankrupt — and what it means for the holidays
In the second episode of our podcast, the Retail Dive team breaks down the third-largest Chapter 11 bankruptcy filing in retail history.
By Corinne Ruff • Sept. 26, 2017 -
Report: Amazon invests in Indian brick-and-mortar retailer
Regulations in the country favor homegrown and physical retailers; Amazon’s stake allows it to take advantage of both those protections.
By Daphne Howland • Sept. 26, 2017 -
JPMorgan: Off-price poised for nearly $20B growth
Strong foot traffic, low prices and plenty of room for brick-and-mortar growth could give TJX and Ross a boost — likely at the expense of department stores.
By Daphne Howland • Sept. 26, 2017 -
UPDATE: Bankrupt Toys R Us secures financing, begins holiday hiring
The timing of the company's recent Chapter 11 filing is the worst possible scenario for any retailer, much less one so dependent on holiday sales.
By Daphne Howland, Ben Unglesbee • Sept. 26, 2017 -
Rue21 emerges from bankruptcy with 420 fewer stores
The teen apparel retailer emerged last week from a well-planned, relatively orderly Chapter 11 process as a smaller and less-indebted retailer.
By Ben Unglesbee • Sept. 25, 2017 -
Bed, Bath & Beyond invests 40% of capex in digital efforts
The home goods retailer has seen digital sales growth and continues to invest on that front, despite overall struggles.
By Dan O'Shea • Sept. 25, 2017 -
Target sets $11 wages, aims for $15 minimum by 2020
The move may reflect an acknowledgement by the mass merchant that consumers frequent businesses that reflect their values.
By Daphne Howland • Sept. 25, 2017 -
Deep Dive
Did Kohl's make a deal with the devil?
The retailer is carving out space in stores and taking returns for Amazon, a case of holding your enemies close — but what does it mean for each of them?
By Daphne Howland • Sept. 25, 2017 -
Walmart taps Aerosoles exec to lead online fashion
As SVP of fashion in the U.S. e-commerce division, Denise Incandela will lead the department for Walmart.com, Jet.com and Shoes.com.
By Daphne Howland • Sept. 25, 2017 -
Whole Foods to further centralize buying operations and bar brand reps from store
The Amazon-backed grocer aims to increase efficiency, but critics say these moves will shrink the marketing and availability of popular niche brands.
By Jeff Wells • Sept. 22, 2017 -
Retail leaders place high on Fortune's 'Most Powerful Women'
Women make up by far the majority of both the retail workforce and its customer base, but there’s a dearth of female leadership in the industry.
By Daphne Howland • Sept. 22, 2017 -
Target adds Restock to 8 more cities
The move expands next-day delivery from the mass merchant to about one-fifth of the U.S. population.
By Daphne Howland • Sept. 22, 2017 -
Amazon expands NYC-based operations
Hundreds of full-time jobs will be created as the online giant moves into a Hudson Yards location, but it's still looking for a second HQ.
By Daphne Howland • Sept. 22, 2017 -
American Eagle plans stores in India
The teen apparel brand is the latest to see opportunity in India's burgeoning retail market.
By Daphne Howland • Sept. 21, 2017 -
The Body Shop uses mobile wallets to power brand campaign
The beauty retailer is trusting mobile wallet passes to grow its petition against animal testing — and give its brand image a boost in the process.
By Dan O'Shea • Sept. 21, 2017