turnaround
USPS Looks to Retailers to Scale Last-Mile Delivery Partnerships
Postmaster General David Steiner says the Postal Service can't "cost cut its way to prosperity," urging a…
USPS Posts $3.1B Loss Ahead of New Chief’s Tenure as Stamp Hikes, Delivery Delays Draw Fire
Postmaster General David Steiner is backing Louis DeJoy's Delivering for America turnaround plan, while…
New Postmaster General Distances USPS from Privatization Push
David Steiner is taking on the mantle amid immense pressure to improve the agency's falling on-time delivery…
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New Postmaster General Faces Pressure to Halt USPS Overhaul Amid Mounting Criticism
At a June hearing on Capitol Hill, industry groups urged a pause on the Delivering for America plan and…
USPS to Cut $5 Billion in Spending to ‘Avoid Running Out of Cash’
The courier aims to cut costs via regionalized transportation, more in-house distribution, fewer work hours…
All About Bed Bath & Beyond’s ‘Most Unusual’ Cash Infusion
The home retailer is raising another $135 million in proceeds from a stock share sale, marking $360 million…
400 Qurate Staffers Getting the Ax
The job cuts affect QVC's U.S. business and HSN.
Kohl’s CEO Pick Suggests Activist Investors Were Right All Along
Tom Kingsbury, a former Burlington Stores CEO and alum of Kohl's, is now the struggling retailer's permanent…
Bankruptcy Looks Like a Real Possibility for Bed Bath & Beyond. Here’s Why.
After a miserable quarter and two executive exits, now the home goods retailer is burning through cash and…
Express Is Trending Toward $1B in E-commerce Sales
The transformation at Express Inc. appears to be gaining traction, and the retailer is also exploring growth…
Fitch Ratings Questions J.C. Penney’s ‘Untenable’ Capital Structure
The retailer has sufficient near-term liquidity, but Fitch isn't so sure about the long-term outlook.
H&M’s Price Target Finds a Floor—At Least Until Next Results
H&M's share price has stayed relatively stable this year, but that could change if the clothing retailer…
H&M’s Extensive Turnaround Plan Not Expected to Gain Traction Until 2019
Fast fashion retailer H&M addressed the issues holding its flagship brand back and outlined a multi-pronged…
PacSun CEO Quietly Steps Down Amid Brand Rebirth
As PacSun emerges from what's being deemed a very successful turnaround, the company's CEO has quietly…
Is Paula Schneider’s Turnaround Plan Taking Hold at American Apparel?
Current CEO Paula Schneider has been trying to right the ship since January 2015.