Financial News: Page 336
-
Wal-Mart announces two big executive shifts
The company’s CFO is retiring after more than two decades at the company, and the chief merchant role has been filled.
By Daphne Howland • Oct. 12, 2015 -
Sears acquires WallyHome IoT unit
The deal shows that Sears sees great promise in the Internet of Things, an area that is a natural fit for the struggling retailer.
By Daphne Howland • Oct. 9, 2015 -
Uniqlo scaling back its US ambitions after earnings miss estimates
The company says it hasn’t found the same level of success at American malls that it’s found in its urban locations here.
By Daphne Howland • Oct. 9, 2015 -
NRF: Holiday retail sales growth to slow this year
But e-commerce sales could increase as much as 8%, outpacing last year’s healthy 5.8% bump.
By Daphne Howland • Oct. 9, 2015 -
Banana Republic creative director leaves as brand struggles
Designer Marissa Webb joined the retailer in April 2014.
By Daphne Howland • Oct. 9, 2015 -
H&M to release new cosmetics line ahead of holidays
The fast-fashion retailer is also releasing its long-awaited collection from French couturier Balmain.
By Ian P. Murphy • Oct. 9, 2015 -
Deep Dive
Can American Apparel make a comeback?
Filing for Chapter 11 bankruptcy protection is the retailer’s last-ditch attempt to salvage its business.
By Daphne Howland • Oct. 8, 2015 -
Gilt Groupe cutting 45 jobs as CMO and international chief leave
Gilt has seen its once-dazzling fortunes decline, along with those of the flash-sales concept in general.
By Daphne Howland • Oct. 8, 2015 -
TJX CEO Carol Meyrowitz to step down
Ernie Herrman, who was named president of the company in 2011, will take her place upon her retirement.
By Daphne Howland • Oct. 7, 2015 -
As retail health space heats up, Wal-Mart moves to expand offerings
The move is a way to compete against pure-play e-retailer Amazon and to preserve Wal-Mart's share of its own customers’ wallets.
By Daphne Howland • Oct. 7, 2015 -
Urban Outfitters yet another retailer to end on-call scheduling in NY
New York State Attorney General Eric Schneiderman has warned the retailer and 12 others that the practice likely violates state law.
By Daphne Howland • Oct. 7, 2015 -
Reports: Retailers shift from discounts, but shoppers are still looking for holiday deals
Retailers are working hard to avoid the steep discounts of last year, but shoppers may not let them.
By Daphne Howland • Oct. 6, 2015 -
Facing bigger competition, City Sports files for bankruptcy
The company, founded in 1983, is among the smaller regional sports retailers facing competition from bigger players in the space.
By Daphne Howland • Oct. 6, 2015 -
Deep Dive
What's next for Gap Inc. and Ralph Lauren?
Some are questioning whether Stefan Larsson's move from president of Old Navy to CEO of Ralph Lauren is the best thing for the luxury brand.
By Daphne Howland • Oct. 5, 2015 -
Staples to close on Thanksgiving this year
The office-supplies retailer joins those stores saving Thanksgiving for family and friends.
By Daphne Howland • Oct. 5, 2015 -
Trans-Pacific Partnership trade agreement reached
For U.S. retailers, the pact is mostly seen as opening new business opportunities.
By Daphne Howland • Oct. 5, 2015 -
Still-strengthening dollar is holding back economy
Retailers sourcing goods in Asia continue to suffer against other currencies.
By Daphne Howland • Oct. 5, 2015 -
Reese Witherspoon's Draper James takes $10M in funding
In an era when many apparel and home goods retailers seem to offer much the same fare, Draper James is unapologetically Southern in style.
By Daphne Howland • Oct. 5, 2015 -
American Apparel files for bankruptcy
The beleaguered retailer has faced huge debts, made worse by damp sales and costly litigation against founder Dov Charney.
By Daphne Howland • Oct. 5, 2015 -
H&M makes big move into hyper-competitive beauty space
The retailer launched its 700-product beauty line in 900 stores globally, after finding success in the space at its smaller sister brand, & Other Stories.
By Daphne Howland • Oct. 2, 2015 -
Reports: Wal-Mart to cut about 450 jobs at HQ
The Wall Street Journal broke the news Wednesday, but the retailer has yet to confirm the report.
By Daphne Howland • Oct. 2, 2015 -
Analysts: Old Navy president's move to Ralph Lauren a blow to Gap Inc.
It’s no wonder that Stefan Larsson, who did wonders at Gap’s lower-priced brand, was scooped up by Ralph Lauren. But what will Gap do now?
By Daphne Howland • Oct. 1, 2015 -
Kohl's testing cafes in stores to up shopper traffic
The experiment in two stores near its Milwaukee-area headquarters comes as Kohl’s is having trouble getting its turnaround efforts to stick.
By Daphne Howland • Oct. 1, 2015 -
Thrillist, JackThreads to separate amid new funding rounds
Both the media company and the flash-sales retail site will now have a chance to focus on their separate needs and goals.
By Daphne Howland • Oct. 1, 2015 -
Digital shopping will rise this holiday season
But that won’t translate to much of a boost in sales, according to Deloitte’s annual holiday forecast.
By Daphne Howland • Sept. 30, 2015