Financial News: Page 344
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Stripe, now worth $5B, partners with Visa
The digital payments startup is teaming with Visa to develop web “buy buttons” that could compete with PayPal.
By Daphne Howland • July 29, 2015 -
Alibaba investing $1B in web services to challenge Amazon
This could really hit Amazon, which has leaned on the performance of its own web services unit to fund innovation on its retail side.
By Daphne Howland • July 29, 2015 -
Can American Apparel continue to keep its commitment to 'Made in the USA'?
If the retailer abandons its longtime commitment to U.S.-made apparel, it becomes just another apparel retailer getting its goods from overseas sources.
By Daphne Howland • July 28, 2015 -
EBay shutters same-day delivery and mobile apps
The moves are hardly surprising, as the company must figure out how to renew its strength as a marketplace.
By Daphne Howland • July 28, 2015 -
Nordstrom to boost its partnership with J. Crew's Madewell
Bringing in Madewell has been one of several successful moves Nordstrom has made to diversify its offerings.
By Daphne Howland • July 28, 2015 -
Retailers join White House on climate change pledge
As part of the pledge, each retailer has detailed some of the steps it’s taking to combat climate change and fight greenhouse gas emissions.
By Daphne Howland • July 28, 2015 -
Amazon's Prime Day could kick up July retail sales
Many have ridiculed Amazon’s Black-Friday-in-July event, but it could be a major uplift for this month's retail sales report.
By Daphne Howland • July 28, 2015 -
Deep Dive
How retailers are selling the power of IoT
A dive into Sears' Connected Solutions hub and Target’s Open House reveals that a lot of connected devices have functions and price points that can appeal to the practical homeowner.
By Daphne Howland • July 27, 2015 -
Amazon testing drive-through grocery store: report
At first many were surprised by Amazon’s push into grocery with Amazon Fresh, but it's a category that can help it challenge Wal-Mart and other retailers.
By Daphne Howland • July 27, 2015 -
Best Buy to be first non-Apple retailer to sell Apple Watch
Sales from the sought-after wearable could really help Best Buy ahead of the holidays.
By Daphne Howland • July 27, 2015 -
Neiman Marcus and consignment retailer The RealReal team up
While the resale market will be but a niche area for Neiman Marcus, this is the kind of creativity that a department store retailer needs these days.
By Daphne Howland • July 24, 2015 -
Amazon's market value tops Wal-Mart's as it reports surprise profit
There may be less scoffing at Amazon for last week's Prime Day this Friday morning.
By Daphne Howland • July 24, 2015 -
Antitrust watchdog calls for closer look at Staples-Office Depot merger
The American Antitrust Institute says that competitive concerns still remain regarding the merger.
By Daphne Howland • July 24, 2015 -
Wal-Mart takes full ownership of its Chinese e-commerce venture
Wal-Mart will buy the remaining shares of Yihaodian, a nimble e-commerce site that can help it reach the growing Chinese middle class.
By Daphne Howland • July 23, 2015 -
Forever 21 creates fabric mosaics from Instagram photos
Retailer teams with Brooklyn's Breakfast for massive thread screen.
By Ian P. Murphy • July 23, 2015 -
Wal-Mart ending 24-hour shopping at some stores
In a move that could be duplicated at more locations, the retailer will close some of its 24-hour stores around midnight.
By Daphne Howland • July 23, 2015 -
TJX, Kohl's face lawsuits claiming deceptive pricing
Will these lawsuits prompt retailers to start selling on value rather than inflated “compare to” pricing?
By Daphne Howland • July 23, 2015 -
Apple's iPhone sales way up, yet not up enough for investors
Apple also didn’t break out its Watch sales, but said they beat its own expectations.
By Daphne Howland • July 22, 2015 -
Nordstrom's Trunk Club service expanding to include women
The personal stylist service is now taking signups from women, and there’s already a waitlist ahead of an autumn launch.
By Daphne Howland • July 22, 2015 -
Dick's to take on Lululemon with new specialty women's stores
The “Chelsea Collective” stores will have athleisure-wear and sports gear for women, as well as accessories and beauty products.
By Daphne Howland • July 22, 2015 -
NRF cuts 2015 retail sales forecast due to harsh first half
The damage done by various events in the first half of the year will be mitigated in the second half, but not by much, according to the National Retail Federation.
By Daphne Howland • July 22, 2015 -
Amazon rival Jet launches today amid buzz—and questions
Jet has focused on dynamic pricing, promising the lowest prices on the web. Trouble is already brewing though, with reports that the newcomer is losing money on most sales.
By Daphne Howland • July 21, 2015 -
Cowen: Amazon on track to become No. 1 US apparel retailer
Cowen and Company thinks that Amazon will leave even Macy’s in the dust within the next couple of years.
By Daphne Howland • July 21, 2015 -
Kate Spade latest to move into yoga wear
Kate Spade seems to be revving back up after shuttering some lines and stores, with plans for athleisure, home goods, and more.
By Daphne Howland • July 21, 2015 -
PayPal outshines eBay first day after split
PayPal loomed large in its new capacity as a stand-alone company, while eBay is said to be in need of a turnaround. But both companies must up their game.
By Daphne Howland • July 21, 2015