Financial News: Page 318
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J.C. Penney vows change after customer service scores plummet
Executives promised store managers that they’ll see much less paperwork in order to better attend to customers.
By Daphne Howland • March 16, 2016 -
FTC brings action against Lord & Taylor over deceptive ads
Legislators say the department store chain flouted disclosure regulations in promoting its Design Lab line.
By Ian P. Murphy • March 16, 2016 -
REI's record membership growth boosts online, in-store sales
The retailer also said its attention-getting #OptOutside campaign over the Black Friday weekend was a winner.
By Daphne Howland • March 16, 2016 -
Neiman Marcus stumbles during all-important holiday season
Neiman Marcus' decline at the holidays is unusual—and a sign of tough times in luxury and department stores.
By Daphne Howland • March 16, 2016 -
DSW beefs up kids' assortment to draw in more parents
CEO Roger Rawlins characterized DSW stores as a “weapon,” helping it compete in both the physical and digital retail spaces.
By Daphne Howland • March 16, 2016 -
NRF: Retail sales growth slows to near-standstill
Consumers didn’t readily fling open their wallets in Februrary, but the NRF is sanguine about the rest of the year.
By Daphne Howland • March 16, 2016 -
Deep Dive
How Sports Authority went bankrupt—and who could be next to fall
Why did one of the country’s biggest sporting goods retailers fail?
By Lara Ewen • March 15, 2016 -
Kohl's turnaround includes revamping Sonoma brand
Kohl's has struggled in its turnaround, and sees its private-label brands as critical to its success.
By Daphne Howland • March 15, 2016 -
Costco phasing out tobacco sales in most stores
Unlike CVS, which had a philosophical reason to end tobacco sales, Costco says it wants those shelves for other products.
By Daphne Howland • March 15, 2016 -
"Staples Store sign logo building facade, US Postal Service, Staples Home Office Supplies Strike Picket" by Mike Mozart is licensed under CC BY 2.0
Staples: Amazon's office supplies business poses stiff competition
The office supplies retailer wants to prove to lawmakers that its merger with Office Depot should go through.
By Daphne Howland • March 15, 2016 -
Avon to cut 2,500 jobs, move HQ to UK as part of 'transformation plan'
The beauty space is thriving for many retailers—but Avon is largely missing out on the boom.
By Daphne Howland • March 15, 2016 -
Retail sales in China continue to slow, miss expectations
But China’s middle class remains strong and continues to grow, a silver lining.
By Daphne Howland • March 14, 2016 -
Shopgate expands retail platform to Apple TV
The mobile commerce startup's new Apple TV apps offer product pages that sync across channels.
By Ian P. Murphy • March 14, 2016 -
Nordstrom to trim 120 tech jobs as part of restructuring
Nordstrom continues to refine its e-commerce operations after disappointing earnings.
By Daphne Howland • March 14, 2016 -
Barnes & Noble unfazed by Amazon's physical stores
The company saw improved results in its recent quarter and said it would close fewer stores than once anticipated.
By Daphne Howland • March 14, 2016 -
Ulta to open more stores amid strong sales online and off
The beauty retailer is thriving in a highly successful—and competitive—space.
By Daphne Howland • March 14, 2016 -
CVS launches $50m campaign to bring up first tobacco-free generation
The drugstore chain left more than $2 billion on the table when it ended tobacco sales in 2014.
By Daphne Howland • March 11, 2016 -
Jet, White House team up to deliver diapers to low-income families
One in three families lack sufficient access to diapers, e-retailer Jet said.
By Daphne Howland • March 11, 2016 -
Amid sales surge, Dollar General plans 900 new stores
The stagnant wage growth plaguing lower- and middle-income Americans continues to boost discount stores like Dollar General.
By Daphne Howland • March 11, 2016 -
Wal-Mart capturing millennials' attention as they get older
But can Wal-Mart be the omnichannel retailer they expect?
By Daphne Howland • March 11, 2016 -
Networks refuse to air Lane Bryant lingerie ad
The ad needed minor edits to comply with broadcast standards, NBC claims. But Lane Bryant isn't changing a thing.
By Ian P. Murphy • March 11, 2016 -
Deep Dive
Retail Therapy: This year's #TheDress is Bernie Sanders' suit
Every week, we bring you the most interesting retail reads from around the Web.
By Kelsey Lindsey • March 10, 2016 -
Target seeks tech talent for mysterious startup Goldfish
The secret project looks to disrupt shopping from Target's Silicon Valley offices.
By Ian P. Murphy • March 10, 2016 -
Men's Wearhouse parent to close 250 stores
Tailored Brands, the new owner of Men’s Wearhouse and Jos. A. Bank, is apparently running out of time to turn around Jos. A. Bank.
By Daphne Howland • March 10, 2016 -
Zara to open fewer stores amid strong sales growth
The fast-fashion retailer is benefiting mightily from tight control of its own supply chain and the weak Euro.
By Daphne Howland • March 10, 2016