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financial news q2 roundup

Q2 Roundup: Nordstrom Bucks Downward Trend, Wayfair Shoppers Jump 43%

In recent years, quarterly results for department stores and luxury retailers have often painted a picture of “doom…

News August 14
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Starbucks Doubles Down On China Expansion, Buys Out 1,300 Stores For $1.3B

Starbucks is buying out the remaining 50% share of its East China business from its joint venture partners…

News July 28
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Augmented Reality Brings Online Furniture Shopping To Life At Chairish

Chairish, Inc. is the latest retailer that has jumped into the augmented reality (AR) craze, launching an AR…

Features March 9
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BCBG Max Azria Goes Bankrupt…Is hhgregg Next?

BCBG Max Azria is the latest in a long line of fashion and apparel retailers to file for…

News March 3
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Holiday Sales Struggles Again Plague Department Stores

Although the NRF reported that overall holiday retail sales increased 4% in 2016, traditional retailers, predictably, did not…

Features February 24
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Ecrebo Secures £12 Million To Fuel Expansion, Platform Investment

POS marketing technology provider Ecrebo has procured a £12 million investment from Sir Keith Mills, founder of Air…

News February 23
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Walmart Rides Jet.com To 29% Online Sales Boost

Walmart’s $3.3 billion acquisition of Jet.com in August 2016 has certainly done its share to bolster the brand’s…

News February 21
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Payless Mulls Closing 1,000 Of 4,400+ Stores

The store closing bug has claimed its latest victim, with Payless ShoeSource reportedly shuttering as many as 1,000…

News February 13
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Is ‘Connected Fitness’ Generating Enough ROI For Under Armour?

Under Armour’s streak of 26 straight quarters with a 20% revenue increase snapped this week in a big…

News February 2
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