Financial News: Page 338
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How long will the Nike swoosh continue to dominate?
Nike is hardly in trouble, but these days its most successful spaces — athleisure and footwear — are facing stiff competition.
By Daphne Howland • Sept. 21, 2015 -
Petco said to be in merger talks with PetSmart
Like most retailers, pet supplies companies have increasingly faced competition from online and other retailers that have boosted their pet offerings.
By Daphne Howland • Sept. 21, 2015 -
Amid tech push, Target envisions a future 'built on innovation'
The retailer is partnering with Techstars to bring retail start-ups to its hometown of Minneapolis, and hinted at a concept store that could include robots.
By Daphne Howland • Sept. 21, 2015 -
Report: Both retail workers—and retailers—benefit from government aid
Retailers could come under greater scrutiny for benefits enjoyed by corporations, even as their employees turn to welfare programs due to low wages.
By Daphne Howland • Sept. 21, 2015 -
Fed keeps interest rates near zero ahead of holidays
The move — or lack of one — plus continuing low gas prices are early holiday gifts to retailers.
By Daphne Howland • Sept. 18, 2015 -
Target testing more personal services to lift store experience
One-on-one interactions not only please the customer, but also can help retailers determine which goods and services are in demand.
By Daphne Howland • Sept. 18, 2015 -
Once-bankrupt Filene's Basement returns online
The discount chain had expanded rapidly but faltered in the face of established competition from T.J. Maxx, Marshall’s, and Nordstrom Rack.
By Daphne Howland • Sept. 18, 2015 -
Holiday hiring to be mostly even with last year
Retailers have hired more people throughout the year, and those workers will be offered more hours at the holidays.
By Daphne Howland • Sept. 18, 2015 -
Amazon adds to Prime subscription perks with free WaPo access
Prime members will get six months of digital access to the Washington Post, owned by Jeff Bezos, for free.
By Ian P. Murphy • Sept. 17, 2015 -
Under Armour swaggers at investors meeting
The company’s growth is outpacing its rivals. And even though it’s not close to number-one Nike, it’s proving to be a contender.
By Daphne Howland • Sept. 17, 2015 -
Toys R Us plans to hire fewer holiday workers this year
The retailer says it will offer more hours to existing and seasonal employees to make the cut.
By Daphne Howland • Sept. 17, 2015 -
IRS hits the brakes on retail REITs
The Internal Revenue Service released new guidance that could curb the current enthusiasm for real estate spin-offs.
By Daphne Howland • Sept. 17, 2015 -
Retail sales up as consumers undaunted by market woes
The American consumer seems unconcerned about global financial markets, which bodes well for the overall economy — and the upcoming holidays.
By Daphne Howland • Sept. 16, 2015 -
Deep Dive
How Macy's plans to revive its American department stores
As Macy's puts forth multiple initiatives to help it keep up with changing customer habits, the question remains if these moves are coming just a little too late.
By Kelsey Lindsey • Sept. 15, 2015 -
New Etsy program helps sellers find manufacturers
Etsy's new database helps match budding merchants with manufacturers vetted for reliability, ethical standards, and other features.
By Daphne Howland • Sept. 15, 2015 -
Ousted Men's Wearhouse founder launches tux-rental start-up
George “I guarantee it” Zimmer’s new venture takes a Rent the Runway approach to tux rental, a lucrative space in menswear.
By Daphne Howland • Sept. 15, 2015 -
Beauty start-up Ipsy attracts $100 million in venture capital
The new funding puts the sample subscription service in a league with competitor Birchbox.
By Ian P. Murphy • Sept. 15, 2015 -
Jet quickly climbs marketplace ranks a month after launch
It’s still early days, but a new ChannelAdvisor report says the e-commerce newcomer is already beating competing marketplaces that are more established.
By Daphne Howland • Sept. 14, 2015 -
Analyst: Wal-Mart facing a 'ton' of pressure on many fronts
The world’s largest retailer says it’s just keeping up with its own goal of being the “everyday low price” retailer for the consumer.
By Daphne Howland • Sept. 14, 2015 -
Deep Dive
Time is running out for on-call scheduling
While "just-in-time" scheduling has helped retailers efficiently and economically staff stores, the havoc it brings to workers' lives may be more bad press than it's worth.
By Daphne Howland • Sept. 11, 2015 -
J.C. Penney tests fast fashion with Belle + Sky brand
But its new CEO says the retailer has to clean up its supply chain act if the line is to succeed.
By Daphne Howland • Sept. 11, 2015 -
Lululemon facing inventory pileup
After its shares fell, Lululemon sought to reassure investors that it can keep its prices at the top of the athleisure market it created, despite fierce new competition.
By Daphne Howland • Sept. 11, 2015 -
L Brands, owner of Victoria's Secret and Bath & Body Works, ending on-call scheduling
As the practice of on-call scheduling has drawn more scrutiny, lawmakers and regulators are calling for an end to the practice.
By Daphne Howland • Sept. 10, 2015 -
Amazon's Fire Phone snuffed out
Amazon has run out of Fire Phones worldwide, and isn’t making or selling any more.
By Daphne Howland • Sept. 10, 2015 -
Court rules Costco knowingly infringed Tiffany & Co. trademarks
Many people use “Tiffany” to describe a common type of ring setting. But Costco’s use of the word may have led people to believe its diamond rings were from the famous jeweler.
By Daphne Howland • Sept. 10, 2015