Financial News: Page 330
-
J. Crew names new CFO as loss widens
The struggling retailer also said its Q3 revenue fell 5.5%.
By Daphne Howland • Dec. 7, 2015 -
Deep Dive
Retail Therapy: All the (wannabe) Presidents' ugly sweaters
Every week, we bring you the most interesting retail news from around the Web.
By Kelsey Lindsey • Dec. 4, 2015 -
NJ town blames Amazon for traffic troubles
The town of Robbinsville, N.J., is threatening to shut down one of the retailer's busy fulfillment centers.
By Ian P. Murphy • Dec. 4, 2015 -
Is Barnes & Noble righting the ship?
The retailer’s pivot to sell more than books (and Nook products) appears to be paying off.
By Daphne Howland • Dec. 4, 2015 -
Clothing retailers' shares drop on sluggish apparel sales
But overall retailers are poised to have a good holiday season, according to RetailNext.
By Daphne Howland • Dec. 4, 2015 -
Sears continues to struggle despite strengths
The retail company narrowed its loss in Q3 due to fewer one-time expenses.
By Daphne Howland • Dec. 4, 2015 -
Amazon Prime attracting wealthier, younger members
This could spell trouble for Wal-Mart and Target, as a new report suggests that membership is becoming stickier.
By Daphne Howland • Dec. 4, 2015 -
Costco shares surge on same-store sales rise
The country’s second-largest retailer had a good Black Friday too, notable considering it stayed closed on Thanksgiving.
By Daphne Howland • Dec. 4, 2015 -
Deep Dive
What's happening in pet supplies retail—and what's next
Growing pet ownership and pet love is leading Americans to spend more on food, toys, and other products. But competition is fierce and growth isn't necessarily smooth.
By Daphne Howland • Dec. 3, 2015 -
Report: Black Friday-Cyber Monday discounts were few and fleeting
Despite widespread marketing, shoppers weren’t much impressed with discounts on Black Friday, according to research from Boomerang Commerce.
By Daphne Howland • Dec. 3, 2015 -
Cabela's exploring strategic alternatives, including a sale
Activist investor Elliott Management last month disclosed an 11% stake in the retailer and was said to be urging a sale or other ways to unlock value in the struggling retailer.
By Daphne Howland • Dec. 3, 2015 -
American Eagle officially names CEO as sales rise
The retailer has some momentum these days as it finally taps its new CEO, interim chief and previous chief Jay L. Schottenstein.
By Daphne Howland • Dec. 3, 2015 -
FBI says gun sales surged on Black Friday
The Federal Bureau of Investigation said it processed two background checks per second on the shopping day.
By Daphne Howland • Dec. 3, 2015 -
Nick Cannon to lead creative for reborn RadioShack
The entertainer will develop new products and events for the struggling electronics retailer.
By Ian P. Murphy • Dec. 3, 2015 -
Birchbox taps Sephora, Apple vets as it eyes new store growth
There’s perhaps no better way to take on the competition than to bring in an executive with experience at one of your most formidable rivals.
By Daphne Howland • Dec. 2, 2015 -
Deep Dive
Cyber Monday: What happened on the biggest e-commerce sales day ever
The big story this year? Mobile was "the dominant shopping trend."
By Kelsey Lindsey • Dec. 1, 2015 -
Amazon teases 'Prime Air' drone delivery fleet in video
The retailer plans to take to the skies worldwide with 30-minute deliveries.
By Ian P. Murphy • Dec. 1, 2015 -
Report of blocked deal sends Staples, Office Depot shares down
According to the New York Post, the FTC is very concerned about the merger’s effect on the business-supplies side of the retail space.
By Daphne Howland • Dec. 1, 2015 -
New CEO reveals plan to revive Wet Seal
The teen-focused retailer is emerging from bankruptcy with a reprieve from its liquidity issues but has a big challenge in front of it — how to return to its former glory.
By Daphne Howland • Dec. 1, 2015 -
Deep Dive
5 takeaways from this year's Black Friday
As consumer spending habits change, retailers responded with online deals and a blending of digital and in-store channels.
By Kelsey Lindsey • Nov. 30, 2015 -
Macy's CEO: Death of brick and mortar greatly exaggerated
Its CEO praised the store experience despite Black Friday concerns.
By Daphne Howland • Nov. 30, 2015 -
Toys R Us CEO: Toy sales may disappoint this year
The toy retailer has reversed last year's sales decline by cutting costs and developing popular toys not available at competitors, but that may not be quite enough to fuel big growth.
By Daphne Howland • Nov. 30, 2015 -
Deep Dive
A retailer's guide to Black Friday
The biggest shopping weekend of the year is here. Here are three trends to watch, five Twitter accounts to follow, and more.
By Kelsey Lindsey • Nov. 25, 2015 -
Everlane to give Black Friday profits to its factory workers
The web apparel retailer’s CEO-founder says the money will go to create wellness and education programs for its Los Angeles factory workers.
By Daphne Howland • Nov. 25, 2015 -
Jet lands $350M Series B funding
The funding values Jet at over $1 billion just four months after its July launch.
By Daphne Howland • Nov. 25, 2015