Financial News: Page 255
-
Target to acquire same-day delivery company Grand Junction
The San Francisco-based company could help Target compete by connecting inventory to established local and regional delivery operations.
By Daphne Howland • Aug. 14, 2017 -
Costco taps new chairman after death of founder
Hamilton E. (Tony) James has been a director of Costco Wholesale since August 1988 and its lead independent director since 2005.
By Daphne Howland • Aug. 14, 2017 -
Deep Dive
8 retailers to watch during back-to-school
If the end of the retail shakeout is in sight, we might see the first signs during back-to-school. But the season is also a time to watch retailers try new things, test new strategies and make themselves into students of a chaotic marketplace.
By Ben Unglesbee • Aug. 11, 2017 -
Sephora launches members-only social platform
The "Beauty Insider Community" allows customers to search for their favorite looks and engage in beauty-focused group discussions.
By Cara Salpini • Aug. 11, 2017 -
Canada Goose expands online and off In a challenge to The North Face
The upscale outdoor apparel retailer is adding five stores to its fleet of two in Toronto and New York, and has launched four of seven planned markets this year.
By Daphne Howland • Aug. 11, 2017 -
Store closures eat up J.C. Penney's margins
The department store retailer managed a 1.5% increase in net sales in Q2 — a modest feat unmatched by some of its peers — but posted a loss as comparable sales declined.
By Ben Unglesbee • Aug. 11, 2017 -
Sally Beauty taps former DSW exec as new president
Carrie McDermott will be on hand to help the retailer as it amps up its e-commerce, omnichannel and marketing efforts.
By Daphne Howland • Aug. 11, 2017 -
Toys 'R' Us plans Times Square return
The company may be looking overseas for growth, but the New York City location could boost sales for the holidays.
By Daphne Howland • Aug. 11, 2017 -
Nordstrom stands out among faltering department stores
The company must continue to take the long view, and that might mean going private.
By Daphne Howland • Aug. 11, 2017 -
Dillard's plunges on second quarter losses
The regional department store suffers from too much inventory and a failure to adapt to the changing retail landscape, according to one analyst.
By Daphne Howland • Aug. 11, 2017 -
Payless CEO retires as the retailer exits bankruptcy
As it searches for a new chief, the shoe retailer will be led by a new executive committee that includes CFO Michael Schwindle, COO Mike Vitelli, headed by board chairman Martin R. Wade, III, as Paul Jones steps down from the role he's held since 2012.
By Daphne Howland • Aug. 10, 2017 -
Oregon becomes first state to require predictive scheduling
The new law's requirements apply to employers in the retail, hospitality and food service industries.
By Kate Tornone • Aug. 10, 2017 -
Macy's sales drop 5.4%, hit by store closures
Sales at the department store chain fell in the second quarter, but beat low expectations. CEO Jeff Gennette expects a better performance in the back half of the year.
By Ben Unglesbee • Aug. 10, 2017 -
Analyst: An improving Kohl's might be poised to expand
Amid a years-long turnaround, the discount department store is getting a firm grip on costs, inventory and its brick-and-mortar footprint, analysts told Retail Dive.
By Daphne Howland • Aug. 10, 2017 -
Foot Locker is kicking it against Amazon
With upgraded stores and consumers' ongoing preference to try on shoes in person, the athletic shoe retailer is actually undervalued, analysts say.
By Daphne Howland • Aug. 10, 2017 -
Target partners with BarkBox in pet play
The retailer has long relied on product differentiation to compete, and this latest move bulks up its assortment of pet supplies.
By Daphne Howland • Aug. 10, 2017 -
Amazon may have trouble lowering Whole Foods' prices
Product standards and a reliance on smaller producers may limit the e-commerce giant’s ability to remake the retailer’s “Whole Paycheck” image.
By Jeff Wells • Aug. 10, 2017 -
Amazon’s new mobile investment could add Alexa to more devices
Amazon appears to be getting involved in the smartphone market again, but as an investor this time.
By Dan O'Shea • Aug. 9, 2017 -
Deep Dive
Q&A: TreeHouse CEO Jason Ballard on greening the home improvement supply chain
You can call it the "Home Depot for hipsters," but the Texas-based retailer is charting new territory in building product sales and services.
By Hallie Busta • Aug. 9, 2017 -
Pier 1 loses a CFO, gains a new CIO
Jeffrey Boyer is leaving to join Fossil Group as CFO. Meanwhile retail veteran Bhargav Shah is stepping in as head of tech at the home furnishings retailer.
By Ben Unglesbee • Aug. 9, 2017 -
Ralph Lauren to ax up to 25% of department store outlets
The apparel brand is suffering severe sales declines as it exits department stores and off-price retailers, but margins are improving.
By Daphne Howland • Aug. 9, 2017 -
Macy's taps Kobi Halperin for limited fashion collection
The limited collection ranges in price from $79 to $299 and signifies a departure from the department store's recent off-price efforts.
By Daphne Howland • Aug. 9, 2017 -
Callaway Golf to acquire TravisMathew apparel
The golf retail business is picking up as the apparel and lifestyle brand is poised for growth.
By Daphne Howland • Aug. 9, 2017 -
Michael Kors beats estimates but remains in turnaround mode
The company has made an effort to build up its own styles and has loads of opportunity in Europe thanks to its Jimmy Choo acquisition, but fiscal 2018 remains a rebuilding year.
By Daphne Howland • Aug. 8, 2017 -
Abercrombie & Fitch rolls out new store concept
But can capsule collections, interactive fitting rooms and more efficient cash wraps help Abercrombie get its cool back?
By Daphne Howland • Aug. 8, 2017