BLOG POSTS BY THIS AUTHOR
Jan 2021
Jan 21
Converting Former Big-Box Stores to Warehouse Space: Challenges, Opportunities
As e-commerce has accelerated, so had the demand for warehouse space. According to a report from CBRE, nearly 14 million square feet of big-box retail space in the U.S. has been converted to industrial space.
ARTICLES BY THIS AUTHOR
Oct 2021
Oct 26
Consumer confidence rises in October
Consumer confidence increased in October after three consecutive monthly declines.
Oct 26
Sweetgreen files IPO; plans to double store footprint
Sweetgreen officially filed for its initial public offering, joined the growing list of restaurant chains entering the public arena.
Oct 26
JC Penney names CEO, chairman
A former executive of Levi Strauss & Co. and Walmart has been named chief executive of JC Penney.
Oct 25
Retailers set for a happy Halloween
Candy sales are skyrocketing as consumers get ready to celebrate Halloween.
Oct 25
BJ’s taps H-E-B digital exec for leadership role
BJ’s Wholesale Club Holdings named a chief merchant and promoted two executives to key roles as it continues to accelerate its transformation under new CEO Bob Eddy.
Oct 25
Truck driver shortage hits all-time high — could double by 2030
A shortage of truck drivers is a big part of the country’s supply chain problems.
Oct 25
Allbirds targets $2 billion-plus valuation in IPO
Allbirds has high hopes for its initial public offering.
Oct 25
Walmart corporate workers to return to office
Walmart is bringing its corporate staff back to campus.
Oct 22
Study: Americans to spend $160 billion on secondhand items in 2021
Resale is booming, with no signs of slowing down anytime soon.
Oct 22
Buffalo Wild Wings testing robot that specializes in frying chicken wings
Restaurants are testing robotic solutions to help staff kitchens as one way of dealing with the labor shortage.
Oct 22
Genesco names new finance head
Genesco Inc. has made it permanent — at least for a couple of years.
Oct 22
Walmart launches in-store bitcoin pilot with Coinstar
Shoppers can now purchase bitcoin at Coinstar kiosks in 200 Walmart stores.
Oct 22
Calvin Klein most ‘data trustworthy’ fashion brand
An iconic American brand that has existed since 1968 has been rated the fashion brand that American consumers trust most to share their personal data.
Oct 22
Yelp: New business openings above pre-pandemic levels
Businesses related to beauty, hospitality and leisure are helping to drive growth in new businesses overall.
Oct 22
Consumers prefer online grocery order pickup at stores over delivery
The number of online grocery customers who report using curbside pickup at least once in the last year increased to 61% on average in 2021, up 9% from the previous year’s survey, according to a study by Mercatus conducted in collaboration with Incisi
Oct 21
Jack in the Box signs agreements to open 47 stores
Jack in the Box is accelerating its expansion.
Oct 21
Apple takes top spot in ranking of best global brands
Tech dominates an annual ranking of the world’s top 100 brands.
Oct 21
NRF: Holiday spending will be on par with last year
Average consumer spend this holiday will lag behind pre-pandemic 2019 amid fewer non-gift purchases.
Oct 21
Tractor Supply posts strong Q3; business ‘has never been stronger’
Tractor Supply Co. reported its sixth consecutive quarter of double-digit comparable store sales growth amid rising sales and earnings and raised its guidance for the year.
Oct 21
Forever 21 CEO leaves after less than two years
The H&M veteran brought in to run Forever 21 has resigned.
Oct 20
Blackstone buying majority stake in Spanx
The company that transformed women’s shapewear is being acquired in what will be its first investment by an outsider.
Oct 20
Neiman Marcus CFO to head up finance at Tailored Brands
A 15-year veteran of the Neiman Marcus Group has joined the C-suite at Tailored Brands.
Oct 20
Forrester: Physical stores to account for 72% of U.S. retail sales in 2024
Physical retail continues to drive the bulk of retail sales — and will for quite some time.
Oct 20
Express looking for a new CEO
The chief financial officer of Express is departing the company “to pursue another opportunity.”
Oct 20
CGP Study: Holiday growth to slow amid rising energy prices, supply chain woes
Growing headwinds threaten to take a big bite out of holiday sales growth this year.
Oct 20
Deloitte: Holiday spending to rise but not among all consumers
Not all consumers will be increasing their holiday spend this year. In fact, some will be spending less.
Oct 19
Lowe’s, Home Depot, Best Buy rank as top-performing retail brands in study
Two home-improvement giants and the nation’s leading consumer electronics retailer took the top spots in an overall ranking of retail companies — as chosen by the public.
Oct 19
Big Lots to offer on-demand pay to attract, keep workers
Big Lots is trying something new to enhance its employee recruiting and retention efforts.
Oct 19
Free shipping, returns beat discounts for holiday shopping; health items top list
A holiday survey reveals what makes holiday shoppers choose one brand over another, the top purchase categories and what group is driving online spend.
Oct 19
Ulta to open 50 stores annually; promises faster delivery, invests in AI company
Ulta Beauty unveiled new initiatives and investments along with its long-term financial targets for fiscal 2022 through 2024 at its virtual analyst and investor conference on Tuesday.
Oct 19
Rent the Runway’s IPO targets up to $1.5 billion valuation
Rent the Runway has set the terms for its initial public offering.
Oct 19
Fleet Feet expands store footprint via acquisition
Fleet Feet is growing its presence in the Sunshine States.
Oct 19
Facilities Management Takes Center Stage
Facilities management has taken on increased importance during the past 18 months amid concerns about customer and health safety.
Oct 19
Oracle: Holiday shoppers on edge over out-of-stocks, delivery delays
Shoppers’ concerns over supply chain and delivery delays is causing them to start their holiday shopping extra early and influencing what and how they buy.
Oct 18
Resale market to get holiday surge, says study
This will be a “secondhand holiday” for many gift-givers amid concerns about product availability.
Oct 18
Nordstrom holiday plans include in-store photo booths, pop-ups and virtual Santa
Nordstrom is positioning itself as a one-stop shopping destination for all things holiday — from Christmas trees to special pop-up shops to free gift wrap.
Oct 18
Saks e-commerce unit reportedly planning IPO at $6 billion valuation
The e-commerce unit of Saks Fifth Avenue could be the next digital retailer to go public.
Oct 18
Santa to return to Macy’s stores — by reservation only
Macy’s is restoring a holiday tradition that it canceled last year due to the pandemic.
Oct 18
Amazon hiring for 150,000 seasonal jobs
Amazon is offering seasonal hires sign-on bonuses as it ramps up for the holidays amid one of the most severe labor shortages in U.S. history.
Oct 15
Retail sales unexpectedly rise in September
American consumers kept shopping in September despite rising prices, supply chain disruption, the Delta variant and the end of enhanced unemployment benefits.
Oct 15
The luxury brands with the highest resale value are…
Three brands that have stood the test of time command the highest dollar in the luxury resale market.
Oct 15
Interest in store credit cards plunges
Consumer interest in-store credit cards is on the wane this holiday season.
Oct 15
ICSC: 85% of holiday shoppers plan to spend money in physical stores
A new forecast is bullish on in-store and mall shopping for the holiday season.
Oct 15
Dollar Tree looking to hire ‘thousands’
Dollar Tree is holding another hiring event as it ramps up for growth and the holiday season amid a severe labor crunch.
Oct 15
Activewear brand Vuori to open more than 100 U.S. stores in next five years
A Southern California-inspired, direct-to-consumer activewear brand for men and women has big plans for expansion on the heels of receiving one of the largest investments in recent times for a private fashion company.
Oct 14
Walgreens Q4 tops estimates; launches new business segment focused on health care
Walgreens Boots Alliance Inc. reported fourth-quarter earnings and sales beat expectations amid a surge in COVID-16 vaccinations that saw it administer 13.5 million vaccines, nearly double what it expected.
Oct 14
Target teams up with Lego for limited-edition lifestyle collection
Target Corp. is expanding its partnership with an iconic toy brand in time for the holidays.
Oct 14
Study: 50% of frontline workers planning to resign; burnout cited as top reason
Burnout is causing frontline workers — particularly those in the retail and grocery industries — to leave their jobs.
Oct 14
Best Buy kicking off holiday with new price guarantee; in-store mobile checkout
Best Buy is encouraging customers to start holiday shopping early, offering Black Friday deals in a four-day sale that starts Oct. 19.
Oct 14
Walgreens to invest $5.2 billion in VillageMD, becoming majority owner
Walgreens Boots Alliance is making a major investment in the delivery of value-based primary care, a $1 trillion, fast-growing segment of the health care industry.
Oct 14
Gift cards poised for big holiday season amid inventory, shipping concerns
The most requested holiday gift for nearly 15 years is ready for another big year.
Oct 13
NPD: September sales reveal significant retail shifts
The lull in discretionary spending that typically occurs in September was largely missing this year.
Oct 13
NPD: Visits to fast-casual restaurants rebound
A renewed emphasis on off-premises services is paying off for the nation’s fast-casual restaurants.
Oct 13
Hobby Lobby hiring 11,000 seasonal workers; hikes wages
Hobby Lobby Stores has once again increased its hourly wage — this time for part-timers.
Oct 13
Windsor Fashions opening 28 stores by year end; 35 planned for 2022
Windsor Fashions is accelerating its store expansion.
Oct 13
Walmart to increase night operations to help ease supply chain congestion
Three of the nation’s largest goods carriers pledged to increase their efforts to address supply chain problems that are already causing some bare shelves across stores.
Oct 13
Survey: Holiday in-store shoppers want extended hours, occupancy limits
A new survey confirms that holiday shopping will start early this year and that more of it will involve the physical store.
Oct 13
Walgreens closing five stores in San Francisco due to crime
Organized retail crime is taking a heavy toll on some retailers in San Francisco.
Oct 12
Target making $100 million investment in Black communities
Target Corp. is making a major investment as part of its ongoing commitment to advancing racial equity.
Oct 12
Best Buy to acquire Current Health as it dives deeper into home health care
Best Buy is betting that a good deal of health care in the future will be based in the home.
Oct 12
Accenture: In-store holiday shopping to return; average spend to rise
Despite the ongoing pandemic, comfort with in-store shopping is set to make a big comeback this holiday season — particularly with a most unlikely group.
Oct 12
Nordstrom adds holiday hiring incentives
Nordstrom is the latest retailer to join the holiday hiring blitz.
Oct 12
Signet Jewelers in $490 million acquisition of off-mall chain Diamonds Direct
Signet Jewelers Ltd. is looking to attract younger consumers with its purchase of a direct-to-consumer bridal jewelry retailer.
Oct 11
Scotch & Soda ramping up store expansion
Scotch & Soda is looking to grow its global presence.
Oct 11
Facebook’s holiday plans include live shopping, storefront window pop-ups
Facebook is expanding its social shopping features for the holiday rush.
Oct 11
Ross Stores meets 2021 store growth target
Ross Stores has completed its store growth for its current fiscal year but sees plenty of more room for expansion.
Oct 11
Amazon reveals another new return-to-office plan
Amazon is offering its employees greater flexibility about coming back to the office.
Oct 11
Caribou Coffee to expand U.S. store footprint via franchising
One of the country’s largest coffee chains is looking to grow across the United States.
Oct 11
Holiday survey: 58% of shoppers plan to shop in stores; top six retailers are…
The retail industry will experience a pent-up demand for in-person shopping and experiences after the hiatus brought on by the pandemic.
Oct 11
Ashley Stewart opens two ‘extended’ pop-up stores via turn-key platform
Ashley Stewart is testing the waters of South Florida outlet centers.
Oct 08
Williams-Sonoma increases minimum hourly wage
A major home furnishings retailer giving its hourly employees across all areas of the company a pay hike.
Oct 08
Lululemon in new initiative to advance mental health
Lululemon Athletica Inc. is diving deeper into physical and mental wellness as it works to remove inequity in wellbeing through movement, mindfulness and advocacy.
Oct 08
Opie Drive-Thru Grocery opens first store — with more in the works
A high-tech, drive-thru grocery store with a retro theme and big ambitions has opened its first location.
Oct 08
Survey: It’s not just stores — retail DCs caught up in big labor squeeze
Attention on labor shortages in retail has mostly focused on in-store operations. But another area is also feeling the impact.
Oct 08
Simon malls will close for Thanksgiving Day
Simon malls are going dark on Thanksgiving Day for the second consecutive year.
Oct 07
Study: Increased pay alone won’t attract employees
Retailers need to do more than raise pay and benefits to attract and retain employees.
Oct 07
Port congestion slowing pace of retail imports
Congestion at the nation’s largest retailer container ports is slowing the movement of backed-up cargo.
Oct 07
7-Eleven to open its first store in India
7-Eleven is entering the second largest country in the world.
Oct 07
Office return delays take big toll on Midtown Manhattan retail
The delayed return to offices due to the spread of the Delta variant has been a blow to the retail recovery in Manhattan.
Oct 06
Mastercard SpendingPulse: September retail sales up 5.4% year-over-year
Retail sales continued to grow in September, but at a slower pace compared to August.
Oct 06
Michaels’ CEO joins Macy’s board
Macy’s has named two retailers with significant omnichannel and technology expertise to its board.
Oct 06
Kroger to hire for 20,000 positions
The Kroger Co. is ramping up for the holiday season with a major hiring initiative.
Oct 06
First Look: Brookstone stores get a big makeover
Travel retailer Hudson has unveiled the next-generation store experience for Brookstone.
Oct 05
Target to pay employees extra for working peak days of holiday season
Target Corp. is adding a pay incentive focused on the upcoming holiday season.
Oct 05
Best Buy launches annual membership program — with special holiday perks
Best Buy is rolling out a new membership program nationwide that includes special holiday perks and members-only deals.
Oct 05
Rent the Runway files for IPO
Rent the Runway is the latest digitally native retailer seeking to enter the public arena.
Oct 05
Fall teen survey: Clothing top priority for first time since 2014; Nike No.1
Teen spending is starting to accelerate after plunging in 2020 during the pandemic.
Oct 05
REI to close stores, DCs, HQ on Black Friday for seventh consecutive year
REI is continuing its tradition of paying all employees to get outside on Black Friday.
Oct 04
U.S. convenience store sales in 2021 could top pre-pandemic levels
Convenience store retailers are bullish about their sales for 2021 but concerns persist.
Oct 04
Retailers under pressure on employee, supply chain fronts as holidays approach
Despite rosy sales forecasts, U.S. retailers are facing major challenges as they head into the holiday season.
Oct 04
High-tech mini-golf/dining concept Puttshack in U.S. expansion
An entertainment experience that combines tech-infused mini-golf with food and drink and whose creators include the co-founders of Topgolf is set to open its second U.S. location.
Oct 04
Publix in hiring blitz across seven states
Add Publix to the list of retailers with major hiring initiatives.
Oct 04
Bed Bath & Beyond unveils new owned brand, Studio 3B
Bed Bath & Beyond has launched its seventh owned brand of the year.
Oct 04
Giant Eagle holds vaccination clinic at Rolling Stones concert
The Rolling Stones offered fans a little something extra before their concert on Oct. 4 at Heinz Field in Pittsburgh.
Oct 01
Rihanna’s Savage x Fenty brand to open stores in 2022
Rihanna is taking her billion-dollar Savage x Fenty lingerie business to the brick-and-mortar space.
Oct 01
Apparel spending expected to soar in Q4
Consumers are eager to spend on fall and winter apparel.
Oct 01
Meijer honored by EPA for low refrigerant leak rate
Meijer has won recognition from the Environmental Protection Agency for its effort to reduce refrigerant leakage.
Sep 2021
Sep 30
Bed Bath & Beyond sales plunge on August traffic drop-off, supply chain issues
Bed Bath & Beyond Inc. swung to a second-quarter loss and reported profit and sales that missed expectations.
Sep 30
First Look: J.C. Penney in beauty makeover
J.C. Penney is giving a sneak peek of its new beauty offering.
Sep 30
Whole Foods Market CEO John Mackey to retire in 2022; successor named
The co-founder and CEO Of Whole Foods Market is going to retire after four decades with the company.
Sep 29
Report: Macy’s in legal battle over Amazon sign
Macy's Inc. doesn't want an Amazon billboard on top of its most famous store.
Sep 29
Dollar Tree to sell more products above $1
Dollar Tree continues its expansion into prices above the one that its name is based on.
Sep 29
Papa John’s to open 100 locations in Texas
Papa John's International Inc. has signed the largest domestic franchise development agreement in the company's history.
Sep 28
Home Depot investing in funds focused on diversity, innovation
The Home Depot will invest $10 million in venture capital funds that promote diversity, technology and entrepreneurship.
Sep 28
The 10 busiest shopping days for holiday 2021 will be…
For the first time since 2010, Christmas will fall on a Saturday this year — an occurrence that will impact holiday shopping patterns.
Sep 28
Consumer confidence falls to seven-month low
U.S. consumer confidence dropped in September for the third consecutive month amid concerns over the Delta variant and higher prices.
Sep 28
Canadian performance apparel brand Duer opens second U.S. store
A Canadian brand known for its use of natural and sustainable materials in its performance apparel is branching out in the United States.
Sep 28
Casey’s in $220 million deal to acquire 40 Pilot c-stores in Tennessee, Kentucky
Casey’s General Stores continues to grow its retail portfolio through acquisitions.
Sep 27
First Look: Nordstrom’s new home destination
Nordstrom Inc. has made a major move to expand its home goods business.
Sep 27
Party City to open pop-up balloon experience in New York City
Party City is celebrating Halloween in a big way in the Big Apple.
Sep 27
Dollar General expanding to its 47th state
Dollar General is increasing its presence in the Pacific Northwest.
Sep 24
Challenger: Employers need to bring women back to workforce — here’s how
The Biden Administration’s rule on vaccine mandates has created another reason for bringing women back to the workforce.
Sep 24
Starbucks expanding ‘greener stores;’ locations use 30% less energy
Starbucks is accelerating its green push.
Sep 24
NPD: Apparel sales on the rise as consumers seek wardrobe revamp
A new report has good news for the country’s apparel retailers.
Sep 24
Costco quarterly sales top $60 billion mark for first time; charters ocean vessels
Costco Wholesale Corp. ended a strong year on an even stronger note, topping the $60 billion mark in quarterly net sales for the first time in its history.
Sep 24
First Look: RH at Oak Brook combines luxury retail, dining
RH combines luxury shopping and dining at its newest location, Oakbrook Center, Oak Brook, Ill.
Sep 23
First Look: ThredUp, Madewell partner on secondhand clothing store
ThredUP and Madewell have joined forces to open a store that only sells previously owned Madewell items.
Sep 23
Fast-growing convenience-store chain Yesway files to go public
Just six years after its founding, Yesway is looking to enter the public arena.
Sep 23
Target to hire 100,000 seasonal employees; give current ones more hours
Target Corp.’s holiday staffing plans include providing more hours — and more flexibility — to its existing employees as well as hiring seasonal temps.
Sep 22
Warby Parker shares financial outlook ahead of going public
Warby Parker provided financial guidance for its third quarter and fiscal year as it prepares to make its debut in the public arena on Sept. 29.
Sep 22
Halloween spending expected to hit all-time high of $10.4 billion
It’s looking like a banner year for Halloween celebrations.
Sep 22
Retailers detail operational questions for vaccine mandate
From the cost of testing to record-keeping and verification, the retail industry — which supports more than 50 million jobs — has a lot of concerns about the implementation of the Biden Administration’s vaccine mandate.
Sep 21
Macy’s reveals holiday hiring plans
Macy's is ramping up its workforce with both seasonal and permanent positions.
Sep 21
Chicken Salad Chick sees 500 stores by end of 2025; targets Midwest for growth
Chicken Salad Chick is setting its sights on the Midwest as it continues its rapid expansion.
Sep 21
Walmart, Amazon and Target tops in shopping experience, according to survey
When it comes to the retailers that U.S. shoppers are banking on this upcoming holiday season, two things are top of mind: prices and promises.
Sep 21
FedEx shipping rates to increase
FedEx is raising its shipping rates, but not until the new year.
Sep 20
CVS Health to hire 25,000 — and will do it all virtually
CVS Health is looking to fill 25,000 clinical and retail positions.
Sep 20
Camp hires former HBO marketing chief; plans to ramp up expansion
Camp has brought on a marketing veteran to help lead it into the next phase of growth.
Sep 20
Mattress Firm parent exploring potential IPO
Mattress Firm Group Inc. has taken the first step in going public.
Sep 20
Shipt membership now free for Visa credit cardholders
Shipt and Visa have teamed up to give holders of Visa credit cards an exclusive new perk.
Sep 20
Foot Locker completes acquisition of U.S. footwear retailer Eurostar; names COO
Foot Locker has added another brand to its portfolio.
Sep 17
Sears’ last store in its home state to close
It will soon be lights out for the last Sears store in Illinois.
Sep 17
NPD: Consumers are shopping less, but spending more per visit
The COVID-19 pandemic has led to an increase in the average amount U.S. consumers spend on each shopping occasion, both online and in-store.
Sep 17
Aldi honored for ongoing green leadership open
Aldi is out front when it comes to energy efficiency and reducing harmful refrigerant emissions.
Sep 17
Walgreens to give cash incentive to fully vaccinated employees
Walgreens is giving its employees an incentive to get fully vaccinated and is also rewarding its pharmacists with a one-time bonus.
Sep 17
Double-digit holiday sales increase is retailers ‘to lose,’ says AlixPartners
Holiday sales are poised for one of their biggest increases in decades.
Sep 17
Walgreens in strategic agreement with New York State’s largest health care provider
Walgreens has entered into a five-year partnership with Northwell Health to advance “health equity” throughout New York State and expand digital health services and retail and specialty services for its residents.
Sep 17
Former CFO of Lululemon to head finance at Chico’s
Chico's FAS has ended its search for a permanent CFO.
Sep 16
Canadian intimates brand Knix to open stores in the U.S.
Knix is set to open its first locations in the United States.
Sep 16
First Look: Primark opens store in downtown Philadelphia
Primark continues to expand its U.S. footprint.
Sep 16
Kroger joins effort to protect businesses, consumers from organized retail crime
The Kroger Co. has joined the Buy Safe America Coalition in an effort to help combat organized crime.
Sep 16
Retail sales make strong rebound in August
Sales at retail stores surged in August despite supply chain issues and concern over the spreading Delta variant.
Sep 16
Weis Markets gives refrigeration update
Weis Markets has made the switch to the use of eco-friendly refrigerants throughout its operation.
Sep 16
Jeweler Jamey Avery opening in-store shop at H-E-B supermarkets
Shoppers in select H-E-B supermarkets can add jewelry to their grocery lists.
Sep 15
The Body Shop makes ‘open hiring’ — no background checks — permanent in stores, DCs
The Body Shop North America is expanding an unusual hiring model it piloted in early 2020.
Sep 15
Bed Bath & Beyond to hold ‘Open House’ events; debut all-star advisory panel
Bed Bath & Beyond wants customers to see its transformation up close.
Sep 15
Survey: 36% of holiday shoppers to increase spending, highest number since 2018
Another study is forecasting a record holiday for retailers — and cautions them to pay attention to consumers’ changing habits around media consumption.
Sep 15
Dutch Bros. goes public with big expansion plans
Dutch Bros. Inc. made its public debut Wednesday, after its initial public offering came in well above expectations.
Sep 15
Lululemon signs agreement for 100% renewable energy
Lululemon Athletica Inc. is on track to achieve its goal of sourcing 100% renewable electricity across its direct operations in North America by 2021.
Sep 15
Parachute expands into furniture, doubles down on store expansion
Parachute has entered a new retail category amid continued momentum for home goods.
Sep 15
Tropical Smoothie Cafe in store milestone
Tropical Smoothie Cafe is moving closer to its goal.
Sep 14
Kohl’s vet takes top tech post at Men’s Wearhouse parent company
A 16-year Kohl’s veteran has joined the leadership team at Tailored Brands.
Sep 14
Sam’s Club to raise minimum wage
Sam’s Club is following the lead of other retailers and raising its minimum wage as companies find themselves in hot competition to attract workers amid a tight labor market.
Sep 14
Seasonal hiring outlook finds employers focused on finding permanent workers
The nation’s labor shortage could put a dent in holiday hiring.
Sep 14
Deloitte sees strong holiday growth with sales increasing 7% to 9%
Elevated consumer spending on services and continued growth in e-commerce is expected to make for a merry holiday season for retailers.
Sep 14
Rite Aid to move to new ‘remote-first’ headquarters — in Philadelphia
Rite Aid is moving its corporate headquarters from its longtime location in Camp Hill, Pa., to a new “enterprise headquarters” in Philadelphia’s Navy Yard district.
Sep 13
Kohl’s adds bonus program as its looks to hire 90,000 holiday workers
Kohl’s Corp. is adding an incentive to attract holiday workers amid the nation’s ongoing labor shortage.
Sep 13
Dick’s Sporting Goods to hire the most seasonal workers in its history
Dick’s Sporting Goods is going on a holiday hiring spree.
Sep 13
Mastercard: U.S. holiday sales to rise 7.4% this year
All signs point to a bullish holiday season for retailers, online and off.
Sep 10
Party City in hiring blitz for Halloween
Party City is looking to hire as it ramps up for its most important selling season — Halloween.
Sep 10
RH momentum continues in stellar Q2; cites supply chain challenges
RH delivered another strong quarter despite supply chain challenges that it said have been amplified by the spread of the Delta variant.
Sep 09
HFA Architects and Engineers in alliance with Bona Design Lab
Two companies have partnered in a move designed to better serve their clients in the convenience store channel.
Sep 09
Walgreens partnership with VillageMD expands into Arizona
Walgreens and VillageMd are on track to open 600 primary-care clinics during the next four years.
Sep 09
KPMG: Retailers optimistic about holiday but worried about inventory shortages
Holiday sales are expected to be 7% higher this season compared to last year — the metric is almost double the industry’s historical growth, which tends to run 3% to 4%.
Sep 09
GameStop narrows loss, sales up 25%; new execs take no questions during call
GameStop Corp. narrowed its Q2 loss and reported sales that topped estimates.
Sep 09
ABC Carpet & Home files for bankruptcy; plans sale
ABC Carpet & Home has filed for Chapter 11 bankruptcy protection with plans to sell itself.
Sep 09
Torrid on fire in Q2; to open about 25 stores annually
Torrid Holdings Inc. reported a strong second quarter, a period that included the successful completion of its IPO.
Sep 09
Global luxury fashion retailer Etro names CEO
The new, private equity owners of the storied fashion brand Etro have appointed a new chief executive.
Sep 09
Retail import growth slowing amid supply chain disruptions
Double-digit growth in imports at the nation’s largest retail container ports is slipping to single digits as pandemic-related supply chain disruptions around the world continue.
Sep 08
Lululemon Q2 sales, earnings top expectations; hikes outlook
Lululemon Athletica Inc. maintained its momentum in the second quarter.
Sep 08
Athleta in big expansion of wholesale partnership with REI
Athleta goods will soon be available in nearly all REI Co-op stores.
Sep 08
White Castle in $100,000 giveaway to vaccinated employees
White Castle is giving its employees a reason to get vaccinated.
Sep 08
Hy-Vee to open ‘first-of-its-kind’ in-store fitness equipment showrooms
Hy-Vee is getting into fitness with the largest specialty fitness retailer in North America.
Sep 08
Macy’s Thanksgiving Day parade in full return — live and in person
The giant balloons and spectators will be back — with plenty of COVID precautions in place.
Sep 07
Banana Republic repositions with reinvented stores, product, experiences
Banana Republic’s repositioning is reflected in its fall campaign, called “The New Look.”
Sep 07
Dollar store chains opening the most stores so far this year
When it comes to store expansion, dollar store retailers are at the head of the pack.
Sep 07
Dick’s Sporting Goods to unveil outdoor-focused store concept in Pittsburgh
Dick’s Sporting Goods is set to unwrap its long-awaited new store format that is focused on outdoor activities and land conservation.
Sep 07
Publix Super Markets to enter Kentucky
Publix Super Markets Inc. is expanding its national footprint into the Bluegrass State.
Sep 07
Walmart has most loyal customers in the U.S., followed by Fred Meyer, Meijer and Target
Big-box stores dominate in the race for customer loyalty.
Sep 07
China’s Miniso makes East Coast debut; doubles down on U.S. expansion
A China-based, global value retailer is bullish on U.S. store expansion.
Sep 03
Higher wages could lead to more inflation, warns NRF economist
Strong consumer spending during the past year has been boosted by government stimulus programs, but that’s about to change, according to National Retail Federation chief economist Jack Kleinhenz.
Sep 03
Summer Recap: Five major retail deals
It was a busy spring and summer for dealmakers in the retail industry. Here’s a look at five of the biggest deals.
Sep 03
First Look: Tory Burch opens flagship in New York City
Designer Tory Burch has returned to her roots.
Sep 03
Psycho Bunny accelerating store expansion
Psycho Bunny is expanding nationwide to properties operated by Simon.
Sep 03
Signet Jeweler continues to shine in Q2; sales top pre-pandemic levels
Signet Jewelers maintained its momentum in the second quarter as its comeback continued with earnings that crushed Street expectations.
Sep 02
Target CIO to retire next year; read why
The person in charge of all things tech at Target Corp. will depart the company next year.
Sep 02
Five Below Q2 earnings more than double; on track to open 170 - 175 stores this year
Five Below reported earnings that topped Street expectations but its sales fell short.
Sep 02
Walmart’s new pay hike brings average hourly wage to $16.40
Walmart announced its third pay increase of the year for hourly employees.
Sep 02
American Eagle acquires logistic company; Q2 sales, earnings rise
American Eagle Outfitters reported another strong quarter with gains across the board on the heel of news that it had acquired AirTerra.
Sep 01
BrandPoint Services Makes Inc. 5000 list for second consecutive year
BrandPoint Services has made the annual Inc. 5000 list of the nation's fastest-growing private companies for the second consecutive year.
Sep 01
Placer.ai data reveals how three big cities are recovering from the pandemic
The biggest cities in the U.S. continue to mount a comeback from the pandemic.
Sep 01
Sally Beauty appoints its first female CEO
A former Michaels Companies executive is taking the top at Sally Beauty Holdings.
Sep 01
Brilliant Earth is latest retailer looking to go public
Brilliant Earth Group has filed for an initial public offering after successful 2020.
Sep 01
Wegmans Food Markets tops People’s ‘100 Companies That Care’ list — here’s why
A family-owned supermarket chain landed the No. 1 spot on a ranking of employers that have gone above and beyond to create positive workplaces for their staff and the community at large.
Sep 01
Johnny Rockets’ parent company to acquire Twin Peaks restaurant chain for $300 million
Fat Brands is adding another restaurant brand to its growing menu.
Sep 01
Walmart to hire 20,000 supply chain workers
Walmart plans to ramp up its supply chain ranks as it gets ready for the holiday rush — and continued online demand.