Latest In: financial news

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Failing To Find A Buyer, GameStop Abandons Sale Plans

After months of seeking a buyer, GameStop has ended its attempt to sell the company. The Board of…

News January 29
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Macy’s And Kohl’s Disappoint During Holiday, But Target Finishes Strong

Department stores came into the holiday season with high hopes, particularly as initial online Thanksgiving weekend numbers indicated…

News January 11
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Chico’s President Steps Down As Brand Sales Drop 10.2% In Q3

Diane Ellis, President of the Chico’s brand, will step down from the position, effective Nov. 30, 2018. Parent…

News November 28
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David’s Bridal Plans Bankruptcy Filing, Reaches Deal To Cut $400 Million In Debt

David’s Bridal confirmed that it will file for Chapter 11 bankruptcy in the near future, marking the latest…

News November 16
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Amazon Hits Billion-Dollar Profit For Fourth Straight Quarter

Amazon reported $2.9 billion in Q3 net profit, up more than 1,000% from the $256 million net profit…

News October 26
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Allbirds Raises $50 Million, Eyeing UK, Asia Expansion

Allbirds, the footwear retailer known best for selling wool sneakers, has raised $50 million in funding led by T.…

News October 15
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Sears Lines Up Financing, Hires Advisers Ahead Of Potential Bankruptcy

Sears Holdings has hired advisers to prepare a Chapter 11 bankruptcy filing that could come as soon as…

News October 10
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H&M Buys $20 Million Stake In Klarna, Will Integrate Payments Platform

H&M is investing $20 million in Klarna, a Swedish bank and online payment solution provider. The investment equals…

News October 8
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Bread Secures $60 Million To Extend Financing Platform Capabilities

Bread, a marketing technology company that builds customizable financing solutions for retailers and brands, has completed a $60…

News September 19
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