Financial News: Page 363
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Sephora launches two-day 'Flash' delivery membership
The cosmetics retailer also announced its new Innovation Lab and the expansion of in-store beacons to all locations.
By Daphne Howland • March 6, 2015 -
Costco beats expectations on profits and sales
The retailer was aided by a tax benefit accruing from a special cash dividend last month, but sales were also up.
By Daphne Howland • March 5, 2015 -
Etsy files for IPO
The online marketplace has been facing something of an existential crisis as it tries to make serious money while still staying true to its quirky self.
By Daphne Howland • March 5, 2015 -
Shipping startup Shyp sharpens returns feature
The first-mile shipping startup noticed that many customers were using its services for returns, and has responded with an app for that.
By Daphne Howland • March 5, 2015 -
Deep Dive
Target: Thinking big going forward
The retailer unveiled a massive restructuring plan earlier this week including a focus on tech, smaller format stores, and rebooting company culture.
By Daphne Howland • March 4, 2015 -
Farfetch receives $86M in latest funding round
The UK-based fashion curating platform, now valued at $1 billion, is proving that Silicon Valley isn't the only place that can attract big techie dollars.
By Daphne Howland • March 4, 2015 -
Abercrombie & Fitch sales drop 14% in Q4
The teen-apparel retailer has been working for months to shift away from its cool-kid, logo-centric image. But it hasn’t come up with its silver bullet yet.
By Daphne Howland • March 4, 2015 -
Uniqlo teams up with former Hermes creative director
Christophe Lemaire is hardly an obvious choice for fast-fashion, but his understated aesthetic should do well at the Fast Retailing company.
By Daphne Howland • March 4, 2015 -
UPDATE: Dick's Sporting Goods reports winning quarter
Winter weather and West Coast port issues didn’t help the retailer much, but Dick's still beat expectations.
By Daphne Howland • March 4, 2015 -
Target to cut 'several thousand' jobs in restructuring plan
The job cuts will come in the next two years as part of the retailer's $2 billion cost savings plan.
By Kelsey Lindsey • March 3, 2015 -
UPDATE: Target to shift grocery, appeal to millennials
The company's grocery department looks like it's soon headed for a makeover.
By David Oliver • March 3, 2015 -
Fab.com completes fire sale to PCH
Fab.com CEO Jason Goldberg will be leaving the company to focus on his new furniture website, Hem.
By Kelsey Lindsey • March 3, 2015 -
Alibaba ordered out of Taiwan after investment violation
The government says the retail giant’s local entity has been improperly registered as a Singaporean company, but founder Jack Ma says the company followed all laws.
By Daphne Howland • March 3, 2015 -
Best Buy Geek Squad chief departs
President of services Christopher Askew came on less than two years ago.
By Daphne Howland • March 3, 2015 -
American Apparel CEO receives emails pushing #TeamDov campaign
Paula Schneider says she hasn’t responded to what may or may not be internal emails, but is asking employees to “not be influenced” by the missives.
By Daphne Howland • March 3, 2015 -
Petland taps former Wal-Mart exec
Tony Samples, who was previously VP of retail operations at Wal-Mart, will oversee the franchise pet company’s store division and merchandising and marketing efforts.
By Daphne Howland • March 3, 2015 -
Deep Dive
What's next after Wal-Mart's wage increase
Wal-Mart Stores' move to raise pay for its hourly workers is taking the retail world by storm.
By Daphne Howland • March 2, 2015 -
PayPal to acquire mobile wallet firm Paydiant
The move comes ahead of the payments unit's split from eBay Inc.
By Kelsey Lindsey • March 2, 2015 -
Costco to replace its AmEx card with Citi, Visa
Costco members will be able to accrue loyalty points using the co-branded Visa card.
By Daphne Howland • March 2, 2015 -
RadioShack dealers in limbo
The retailer’s independent dealers may be left out in the cold as its bankruptcy proceedings continue.
By Daphne Howland • March 2, 2015 -
Former C Wonder design chief heads to Gap
The hire is seen as a safe bet to shore up sales for the brand.
By Ian P. Murphy • March 2, 2015 -
Old Navy to Gap Inc.'s rescue, again
Gap’s Q4 and full-year sales were bolstered by its Old Navy stores, and many are curious about what new CEO Art Peck has in store.
By Daphne Howland • Feb. 27, 2015 -
Court revives Macy's case against J.C. Penney over Martha Stewart
At issue are certain provisions of J.C. Penney's merchandising contract with Martha Stewart Living Omnimedia.
By Daphne Howland • Feb. 27, 2015 -
Ron Johnson leads $16M investment round in Nasty Gal
Apple's former retail guru is also advising the edgy retailer in the development of its brick-and-mortar stores.
By Daphne Howland • Feb. 27, 2015 -
Barnes & Noble to spin off college business
The separation is planned to be complete by August.
By Kelsey Lindsey • Feb. 26, 2015