In a financial filing on Tuesday, Sears said “substantial doubt exists related to the company’s ability to continue as a going concern.” The announcement hit the company’s shares hard. Sears reported a loss of more than $2 billion in 2016. What does this disclosure mean for the retailer and is there any hope of a […]
Stefan Larsson was supposed to help Ralph Lauren compete better in a fast-moving retail environment. His departure, less than two years into the job, raises big questions about the company’s strategy going forward.
After launching less than a year ago, Wal-Mart is ending ShippingPass, a membership program meant to compete with Amazon Prime. In its place, Wal-Mart will now offer two-day free shipping on purchases over $35. But the company will have a lot of ground to make up as Amazon branches out into markets beyond retail. Click […]
When you think of Amazon.com, fast shipping may come mind, but does fashion? The equity research firm Cowen and Company estimates that Amazon’s share of the apparel and accessory market last year was 6.6 percent and will keep climbing. And the retail behemoth has been developing several in-house brands, for items like kids’ clothing and men’s […]
