Financial News: Page 335
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Bucking the trend, Amazon boosting holiday hiring by 25%
While many retailers are keeping their holiday hiring even with last year, Amazon will add 100,000 seasonal jobs.
By Daphne Howland • Oct. 21, 2015 -
Global Nike goes for the 'buy local' market
Adding local flavor can help national retailers give each location a more communal vibe—and possibly increase sales.
By Daphne Howland • Oct. 21, 2015 -
Target partnering with MIT for food-related research
The retailer is looking at innovation as one path to improve its grocery business.
By Daphne Howland • Oct. 21, 2015 -
Report: Matching Wal-Mart's raises could cost retailers $4B
There’s good news though for retail companies already paying workers beyond the federal minimum wage, according to the Hay Group.
By Daphne Howland • Oct. 20, 2015 -
Amazon battles with the Times over harsh exposé
New York Times executive editor Dean Baquet and Amazon spokesperson Jay Carney Monday posted dueling arguments on blog platform Medium.
By Daphne Howland • Oct. 20, 2015 -
More retailers join White House climate pledge
The new commitments come as President Obama continues to build support for the United Nations climate negotiations.
By Daphne Howland • Oct. 20, 2015 -
Alibaba fighting to stay off US blacklist for counterfeits
Groups are telling the U.S. Trade Representative that Alibaba is making little effort to address reports of fake merchandise on its sites.
By Daphne Howland • Oct. 19, 2015 -
Wal-Mart investigation finds little major misconduct in Mexico: WSJ
But evidence of bribery in India was unearthed in the same investigation.
By Daphne Howland • Oct. 19, 2015 -
Deep Dive
As retail evolves, Wal-Mart is at a crossroads
The world’s largest retailer is facing two hard truths as the retail landscape shifts: its bottom-of-the-barrel wages are no longer viable, and its bottom-of-the-barrel prices are no way to compete.
By Daphne Howland • Oct. 16, 2015 -
After Costco loss, Amex's position slipping in the marketplace
Costco defection, higher swipe fees continue to hurt prestigious brand.
By Ian P. Murphy • Oct. 16, 2015 -
Apple's retail store 'fanboy' dies
Gary Allen had a special appreciation for Apple’s stores and its employees, and traveled the world to find them.
By Daphne Howland • Oct. 16, 2015 -
Two major retailers delay IPOs
Both Albertsons and Neiman Marcus are choosing to wait and see if the market will rally so they can raise the cash they’re hoping for.
By Daphne Howland • Oct. 16, 2015 -
Retail execs curb travel to Bangladesh factories after deaths
Several global brands have canceled executive trips to Dhaka, Bangladesh after two foreigners were killed in the city.
By Daphne Howland • Oct. 16, 2015 -
Deep Dive
Who are the 'best-performing' retail CEOs in the world?
Ten retail CEOs made the Harvard Business Review’s annual ranking of chief executives.
By Kelsey Lindsey • Oct. 15, 2015 -
Wal-Mart spooks Wall Street with disappointing outlook
The retailer admitted that it has work to do that will take time and money. But Wall Street isn’t exactly known for its patience.
By Daphne Howland • Oct. 15, 2015 -
Square files for IPO
The company founder and CEO Jack Dorsey has recently filled the top spot at Twitter.
By Ian P. Murphy • Oct. 15, 2015 -
Facing rising competition, Birchbox launches in-house makeup brand
The move is part of on-going efforts to boost sales beyond Birchbox's sample subscriptions.
By Daphne Howland • Oct. 15, 2015 -
Martha Stewart regrets not buying Kmart
Stewart said she fought with a "less bold" Martha Stewart Living executive who was against acquiring the retailer.
By Daphne Howland • Oct. 15, 2015 -
September retail sales miss expectations
Despite a drop of fuel prices, consumers seem to be losing confidence ahead of the holidays.
By Daphne Howland • Oct. 14, 2015 -
Under Armour COO/CFO leaving next year
Brad Dickerson, who helped oversee the retailer’s significant growth in the past decade, is taking a position outside the sportswear industry.
By Daphne Howland • Oct. 14, 2015 -
Target and Who What Wear partner on high-fashion collections
Unlike many of Target's here-today-gone-tomorrow designer lines, this new collaboration will be stocked in stores year-round.
By Daphne Howland • Oct. 14, 2015 -
Study: Retail industry a bit stumped on growth strategies
Complex, rapidly evolving technology is making digital investments difficult, but stores are getting short shrift, too, a HRC study found.
By Daphne Howland • Oct. 14, 2015 -
Kohl's expands same-day delivery as holiday rush nears
Shoppers may take advantage of in-store pickup and various delivery options to avoid crowded holiday shopping.
By Daphne Howland • Oct. 13, 2015 -
Staples, Office Depot agree to extend merger decision deadline
The FTC and EU have both stepped up their scrutiny of the merger.
By Daphne Howland • Oct. 12, 2015 -
Amazon assessing its corporate culture through feedback system
The program invites feedback from employees on a number of issues that it’s analyzing, Bloomberg reports.
By Daphne Howland • Oct. 12, 2015