Financial News: Page 332
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Retail sales see muted rise in October
More Americans seem to be spending their savings from lower gas prices on basics like rent and splurges like eating out.
By Daphne Howland • Nov. 13, 2015 -
J.C. Penney Q3 beats estimates but shares fall nonetheless
Investors seem to be taking a dim view of department store prospects this holiday season.
By Daphne Howland • Nov. 13, 2015 -
Nordstrom is the latest department store to stumble
Nordstrom saw shares tumble 20% after a Q3 report that badly missed estimates.
By Daphne Howland • Nov. 13, 2015 -
Even Wal-Mart will ease up on Black Friday
With deals throughout the season, the retailer joins others in making Black Friday a less meaningful day for brick-and-mortar.
By Daphne Howland • Nov. 13, 2015 -
J.C. Penney settles class-action suit over markdowns
The retailer will pay $50 million to shoppers in California.
By Ian P. Murphy • Nov. 12, 2015 -
Has Macy's no-good, very bad day made it a takeover target?
The retailer saw its shares plummet Wednesday after a “tough” Q3 report and news that it won’t spin its valuable properties into a REIT.
By Daphne Howland • Nov. 12, 2015 -
Target, BaubleBar team up on bejeweled tech accessories
The collaboration should help Target keep the momentum that executives have said they are looking for this year.
By Daphne Howland • Nov. 12, 2015 -
Kohl's provides some relief with comeback quarter
The discount department store helped assuage some fears about the holiday retail season sparked by Macy’s quarterly report.
By Daphne Howland • Nov. 12, 2015 -
Macy's CEO: Shoppers will have a 'field day' with promotions this year
Macy’s Q3 was “tough” and the retailer will get through the holidays by being highly promotional. But, for now, no REIT, the retailer said.
By Daphne Howland • Nov. 11, 2015 -
Survey says customers more pleased with Wal-Mart stores
But the retailer has farther to go as it heads into the busy—and competitive—holiday season, especially if it really wants to attract wealthier shoppers.
By Daphne Howland • Nov. 11, 2015 -
H&M to close Thanksgiving while Best Buy, Kohl's, others to open
While H&M has decided to close on the holiday for the first time, other retailers are sticking to their opening times right after the turkey dinner.
By Daphne Howland • Nov. 11, 2015 -
J.C. Penney loses another brand partnership
Spanish fast-fashion chain Mango saw few sales through the U.S. retailer and will focus on its stand-alone stores here.
By Daphne Howland • Nov. 11, 2015 -
Nordstrom putting the holidays on hold until Black Friday
Stores will stay closed on Thanksgiving, and the retailer won't unveil its holiday fare until the big shopping day.
By Ian P. Murphy • Nov. 11, 2015 -
UPDATE: Alibaba smashes Singles Day record with more than $14B in sales
Rival Chinese e-commerce site JD.com also benefitted, as did American retailers that joined in for the first time.
By Daphne Howland • Nov. 11, 2015 -
Deep Dive
Why the relationship between department stores and luxury brands is changing
Modern advances in retail are changing the long-term relationship enjoyed by both brands and department stores.
By Kelsey Lindsey • Nov. 10, 2015 -
Shopping at Target now a 'Thanksgiving tradition,' the retailer says
Target is opening 6 p.m. on Thanksgiving Day and featuring "10 days of deals" starting Nov. 22.
By Daphne Howland • Nov. 10, 2015 -
Hallmark is going digital-only with its holiday marketing push
Part of Hallmark’s digital outreach is a Snapchat campaign with a geofiltered sponsorship.
By David Kirkpatrick • Nov. 9, 2015 -
Book publishers betting on print for the holidays
After skirmishes with Amazon, the business has seen e-book sales fall.
By Daphne Howland • Nov. 9, 2015 -
Adidas to help schools drop Native American mascots
The move comes as schools face criticism from some Native Americans and others to drop names and mascots that tribes say are offensive.
By Daphne Howland • Nov. 9, 2015 -
Alibaba may invest in another U.S. e-commerce startup
If confirmed, this second major investment shows the Chinese retail company’s level of interest in making retail inroads into the U.S.
By Daphne Howland • Nov. 9, 2015 -
Reuters: Bass Pro Shops considering offer for Cabela's
A Cabela’s investor is reportedly pushing for a sale, and Bass Pro Shops may be interested in the struggling retailer.
By Daphne Howland • Nov. 9, 2015 -
Changes at Jos. A. Bank hurting Men's Wearhouse
Men's Wearhouse is scaling back some of Jos. A. Bank's aggressive discounts—and its customers aren’t happy.
By Daphne Howland • Nov. 6, 2015 -
Balmain x H&M collection ignites a frenzy in stores, online
People are starting to turn around and sell the discounted Parisian line for profit on eBay and other marketplaces.
By Daphne Howland • Nov. 6, 2015 -
Target to close 13 struggling stores
The stores had several years to increase their profits, but couldn't do it.
By Kelsey Lindsey • Nov. 5, 2015 -
Lumber Liquidators names new CEO
The move came as the embattled retailer reported the third straight quarter of falling sales.
By Daphne Howland • Nov. 5, 2015