Financial News: Page 341
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Gap testing 'fast fashion' at namesake brand
The company is taking a page from the success of its own Old Navy brand.
By Daphne Howland • Aug. 21, 2015 -
Uniqlo parent Fast Retailing piloting four-day workweek
The international apparel retailer is trying out a shorter work week in an effort to keep good employees.
By Daphne Howland • Aug. 21, 2015 -
Sears reports first quarterly profit in three years thanks to REIT
But same-store sales at the retailer fell some 10%.
By Daphne Howland • Aug. 21, 2015 -
Lawsuit filed against Costco amid supply chain slavery concerns
This is just the latest of several strikes against Costco for operations and policies.
By Carolyn Heneghan • Aug. 20, 2015 -
More companies look to chief data officers to help lead data efforts
57% of CIOs in the U.S. say that the amount of data they will need to manage is set to rise 33% in the next 12 months.
By Ian P. Murphy • Aug. 20, 2015 -
Wal-Mart pharmacy business suffers under Affordable Care Act
While more people have health care coverage these days, they’re spending less on medications.
By Daphne Howland • Aug. 20, 2015 -
American Eagle gains momentum in strong quarter
The retailer’s efforts to better control inventory appear to be paying off, and its Aerie lingerie brand is doing really well without Photoshop.
By Daphne Howland • Aug. 20, 2015 -
Deep Dive
The significance of Amazon's work culture — and how the Times article may impact the retail giant
While some were appalled by the harsh company culture depicted in the New York Time’s exposé, others say that this high pressure is necessary to incite the type of innovation and disruption Amazon is known for.
By Kelsey Lindsey • Aug. 19, 2015 -
Deep Dive
QVC & Zulily: Bailout, boon, or both?
While QVC's acquisition of flash-sale site Zulily makes sense on many levels, some are wondering what the pairing means for retail innovation going forward.
By Daphne Howland • Aug. 19, 2015 -
Target's turnaround efforts seem to be paying off
Recent quarterly reports have shown that some retailers are still struggling while others are moving on from the retail funk that plagued them in the past several quarters.
By Daphne Howland • Aug. 19, 2015 -
Recovering housing market gives Home Depot a healthy Q2
Certain aspects of a healthier economy have helped Home Depot with its recent good news.
By Daphne Howland • Aug. 19, 2015 -
Abercrombie shakes up exec team with new hires from top fashion brands
But it's likely going to take some time for the new team to figure out today’s teen customers.
By Daphne Howland • Aug. 19, 2015 -
Wal-Mart profit drops on higher wages and e-commerce investments
While the Feburary decision to raise wages cut into Wal-Mart's profit, its areas of investment are showing encouraging numbers.
By Kelsey Lindsey • Aug. 18, 2015 -
Urban Outfitters warns of slow Q3
The company’s Free People brand continues to be a great support, with Free People Wholesale delivering yet another strong quarter.
By Daphne Howland • Aug. 17, 2015 -
Petco planning an IPO
There’s a lot of movement in the pet supplies space these days, a sign of the changing nature of consumers’ approach to their pets.
By Daphne Howland • Aug. 17, 2015 -
Target continues major revamp of exec suite
The move to promote its CFO to a new COO role comes as Target gets assertive about its omnichannel and merchandising efforts.
By Daphne Howland • Aug. 17, 2015 -
Jeff Bezos responds to scathing NYT story
The article has caused a stir in many circles, but Bezos said that it "doesn't describe the Amazon I know or the caring Amazonians I work with every day.”
By Daphne Howland • Aug. 17, 2015 -
Deep Dive
What the yuan devaluation means for retail
The move last week by the Chinese government to devalue the yuan could have implications for both luxury retailers and other companies exporting and importing into and out of the country.
By Daphne Howland • Aug. 17, 2015 -
Lord & Taylor wins $31M lawsuit against MD mall developer
Despite the courtroom loss, Lerner Enterprise and The Tower Cos. will now be able to begin construction on the new town center without legal concerns looming over the project.
By Sharon O'Malley • Aug. 17, 2015 -
Amazon profile depicts 'brutal' working conditions
A New York Times profile about life inside Amazon paints an unflattering portrait of the large e-retailer.
By Tom Starner • Aug. 17, 2015 -
QVC to buy Zulily for $2.4B
Zulily CEO Darrell Cavens has already favorably compared Zulily to QVC, telling the Wall Street Journal last year that both companies are “very much about discovery-based shopping.”
By Daphne Howland • Aug. 17, 2015 -
Another Target merchandising executive is leaving
The news comes as the company retools its grocery and pharmacy strategy.
By Ian P. Murphy • Aug. 17, 2015 -
Nordstrom's earnings show how department stores can thrive
The retailer’s Q2 results were quite a bit beyond estimates.
By Daphne Howland • Aug. 17, 2015 -
J.C. Penney's recovery includes focus on e-commerce
The retailer is having better success than most these days, and seems to be making the right moves for the future.
By Daphne Howland • Aug. 17, 2015 -
Competitors giving Alibaba a run for its money
The Chinese retail giant may not have counted on such fierce competition in the space it created.
By Daphne Howland • Aug. 17, 2015