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Finance & Capital Management

  • H&M will open its 4,000th unit, ramp up e-commerce

    A total of 425 new H&M stores are slated to open this year, including the new market of Puerto Rico, and the fast fashion retailer also will expand its e-commerce efforts to Japan and 10 additional markets.

    The global retailer disclosed its aggressive physical and digital growth plans with the release of financial results for the period ended Feb. 29, which were negatively affected by the strong U.S. dollar. H&M is based in Stockholm, Sweden.

  • Fast-fashion giant’s ambitious plans include 425 new stores

    Swedish retailer H&M will opens its 4,000th store as its expands its global footprint and ramps up e-commerce in 2016.

    The company plans to open a total of 425 new stores this year, and expand its e-commerce efforts to Japan and 10 additional markets.

    The global retailer disclosed its aggressive physical and digital growth plans with the release of financial results for the period ended Feb. 29, which were negatively affected by the strong U.S. dollar.

  • Study: What’s keeping retail execs up at night?

    Increased security risks tops the list of a new survey of 300 top global retail executives on the topics keeping them up at night.

    According to “Finding Retail Growth: A View from the Corner Office,” sponsored by Demandware and conducted by Economist Intelligence Unit, retail leaders view increased security risks, the rise of globally competitive online marketplaces, shifts in consumer taste and increased globalization as the four most significant challenges impacting the industry.

  • Walmart and Aspen funding retail worker research

    The Bureau of Labor Statistics lists “retail salesperson” as the most common job in America, but the retail industry is evolving rapidly as is the nature of work. A new $5.5 million research grant from Walmart and the Aspen Institute aims to understand how.

    The largest portion of the grant is dedicated to exploring alternative models to provide career pathways for frontline retail workers, according to a statement from Walmart and the Aspen Institute, an organization known for pioneering new approaches to complex problems.

  • Starbucks to go really, really big in New York City

    Starbucks will open its largest location in the world, a 20,000-sq.-ft. store, in one of Manhattan’s trendiest areas.

    The coffee giant is bringing its new Roastery store format to the Meatpacking District, opening at 61 Ninth Ave., a new nine-story building that is currently under development. The building is close to Chelsea Market.

  • Aaron’s hopes to amaze customers with new campaign

    After posting record results in 2015, leading rent-to-own retailer Aaron’s is looking to keep the momentum going with a new ad campaign that highlights the company’s

  • High-tech caregivers benefits solutions for retailers

    Do well by doing good. U.S. businesses are taking this adage attributed to Benjamin Franklin to heart.

    It's good business. Happy employees are engaged employees, and that translates into productivity gains and ultimately to happy customers and a better bottom line.

  • Report: Another sporting goods retailer eyeing Chapter 11

    The sporting goods industry could be facing another major retail bankruptcy filing.

    Vestis Retail Group, parent company of Eastern Mountain Sports, Sport Chalet and Bob’s Stores is preparing to file for Chapter 11 protection, according to Bloomberg.

    Vestis Retail Group, which is owned by private equity firm Versa Capital Management LLC, could file as soon as next week, the report said.

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