Financial News: Page 333
-
Jet raises $500M, achieving billion-dollar valuation
The infusion will help the e-commerce company avoid running out of money by the end of the year.
By Daphne Howland • Nov. 5, 2015 -
Deep Dive
How Wal-Mart plans to win the holiday season
Wal-Mart is employing Santa, unleashing new features to its mobile app, and going all out with holiday cheer to get people into stores as early and often as possible this season.
By Daphne Howland • Nov. 4, 2015 -
EBay launches 'Wish Bigger' holiday campaign
The holiday push reflects eBay's strategic transition from an auction site to a bonafide retailer.
By Barbara Thau • Nov. 4, 2015 -
L.L. Bean names first CEO from outside the company
This is major for the privately held retailer, which has always hired a family member or promoted from within for the top spot.
By Daphne Howland • Nov. 4, 2015 -
American Eagle snaps up Todd Snyder's labels for more grown up look
The acquisition serves to solidify the retailer’s move away from high-turnover, lower-priced fashion.
By Daphne Howland • Nov. 4, 2015 -
Amazon boosts parental leave benefits after company culture draws scrutiny
The move may help repair Amazon’s image, but it may be even more important to hire and keep the tech talent it needs.
By Daphne Howland • Nov. 4, 2015 -
Deep Dive
Does retail have an investor problem?
“Growth” has become something of a golden calf that may be lucrative for investors—but can be deadly for the retailer itself.
By Daphne Howland • Nov. 3, 2015 -
Amazon opens first physical store
The e-retailer goes back to its roots with a brick-and-mortar bookstore in Seattle.
By Kelsey Lindsey • Nov. 3, 2015 -
There's a new dollar store in the land—Dollar Express
Dollar Tree has completed its divestiture of 330 Family Dollar stores, and new owner Sycamore Partners has dubbed the chain “Dollar Express.”
By Daphne Howland • Nov. 3, 2015 -
Macy's holiday campaign looks to make wishes come true
Eighth 'Believe' holiday campaign features a magic pen and gamified app.
By Ian P. Murphy • Nov. 3, 2015 -
Walgreens may part with 1,000 stores to close Rite Aid deal
For its proposed acquisition of Rite Aid to pass muster with regulators, the retailer may have to find a buyer with national ambitions, and that could prove difficult.
By Daphne Howland • Nov. 3, 2015 -
JustFab reviewing practices after accusations of deceptive tactics
An audit of the online retailer was sparked by shopper complaints to the Better Business Bureau on its subscription service.
By Barbara Thau • Nov. 2, 2015 -
Retailers sweetening the pot to attract holiday workers
With fewer workers looking for part-time season work, retailers are offering better wages and more hours to get the staffing they need.
By Daphne Howland • Nov. 2, 2015 -
Fed seems unlikely to raise interest rates this year
The U.S. economy doesn’t need any help putting on the brakes, with income stagnation and a strong dollar helping with that, for good and for ill.
By Daphne Howland • Nov. 2, 2015 -
Morgan Stanley predicts a bleak holiday season for most retailers
Some retailers are in a good position to do well this year, but consumers aren’t likely to spend much on apparel or winter gear, the investment bank says.
By Daphne Howland • Nov. 2, 2015 -
CVS misses profit estimates on lower reimbursements, generic drugs
The drugstore retailer’s report comes the same week that rival Walgreens announced it would acquire Rite-Aid.
By Daphne Howland • Oct. 30, 2015 -
Macy's to again open on Thanksgiving
The retailer will open for the third year in a row on a day that some retailers say should be left alone.
By Daphne Howland • Oct. 30, 2015 -
Wal-Mart's holiday strategy doesn't include free shipping
The retailer won’t be joining Target and others in offering free shipping, or even a lower minimum, on holiday orders.
By Daphne Howland • Oct. 30, 2015 -
Deep Dive
What the Rite Aid deal means for Walgreens and the future of retail healthcare
If the deal passes antitrust scrutiny, Walgreens-Rite Aid would account for 41% of the pharmacy and drugstore business.
By Kelsey Lindsey • Oct. 29, 2015 -
Ikea debuts toy line inspired by children's drawings
The line reflects a growing movement towards "conscious capitalism."
By Barbara Thau • Oct. 29, 2015 -
Urban Outfitters ends on-call shifts at all stores
The move comes three weeks after its announcement that the practice would end in New York.
By Daphne Howland • Oct. 29, 2015 -
Resale startup Poshmark launches wholesale portal
CEO-co-founder Manish Chandra said the expansion into new merchandise will be a boon to brands and the site.
By Daphne Howland • Oct. 29, 2015 -
Chico's taps Wal-Mart retail vet as CEO
Shelley Broader brings an impressive resume to Chico’s.
By Daphne Howland • Oct. 29, 2015 -
Amazon may develop its own private-label clothing lines
The site is having some trouble expanding its fashion sales.
By Daphne Howland • Oct. 29, 2015 -
Outdoor Research follows REI, to close on Black Friday
Another Seattle-based outdoor retailer, owned by former Nordstrom CEO and heir Dan Nordstrom, calls REI’s move “monumental.”
By Daphne Howland • Oct. 29, 2015