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.
Dollar Tree reported Q4 sales that missed Street estimates and said it is ramping up its store growth and remodeling, with a push for a new format that combines both its banners.
Target Corp. will build on its record 2020 sales growth by making big annual investments to continue scaling capabilities across its online and brick-and-mortar retail platform.
Target Corp. ended an impressive year on a strong note, with sales and earnings that topped analysts’ estimates as the discounter got a boost from holiday spending and $600 stimulus checks.
With customer and employee wellness top of mind, Chain Store Age will present a webinar on Tuesday, March 9 at 2 p.m., on how touchless products can contribute to a restroom’s overall good hygiene.
Macy’s Inc. is making some changes to its senior leadership team as the company continues to overhaul its business in response to changing consumer behavior.
Retail sales in the U.S. this year are expected to total more than $4.33 trillion as more individuals receive the COVID vaccine and the economy reopens.
Gelson’s Markets, which will celebrate its 70th anniversary this July, is being sold to a Japanese company looking to expand its fledgling U.S. footprint.
Macy’s Inc. ended a year of “unprecedented disruption” on a very upbeat note, topping Street estimates and reporting quarterly sales improvements across all three of its brands.
The Home Depot Inc. reported fourth-quarter profit and sales that easily topped Street expectations — including its third straight quarter of 25% comps — as consumers continued to invest heavily in their homes amid the pandemic.
Kohl’s Corp. is pushing back against a group of activist investors who think the retailer is not moving quick enough to address “stagnant sales” and “declining gross margins” — issues that it said predate the pandemic.
Walgreens Boots Alliance has administered more than 3 million COVID-19 vaccinations across long-term care facilities and other identified vulnerable populations. And now its in-store efforts are ramping up.
A shopping center in Miami’s West Little Havana neighborhood is being redeveloped into a mixed-use project that will include residential and office space along with retail and restaurants.
McDonald's Corp. will tie 15% of executive bonuses to meeting diversity and inclusion targets and has pledged to put more women and minorities into senior management roles.
Walmart Inc. reported fourth-quarter earnings that fell short of expectations amid COVID-related costs and ongoing investments in e-commerce and cautioned that it expects sales to be moderate this year.
Old Spice is updating and expanding the standard barbershop experience with its first brick-and-mortar location.
The 80-years-plus men’s grooming brand from P&G is opening a storefront that will serve as a barbershop, retail store, conte
Sam’s Club is rolling out an in-house developed, automated health screening kiosk designed to enable a safer, quicker and more reliable COVID-19 screening procedure for employees to its nearly 600 clubs nationwide.
The contactless kio
U.S. consumer sentiment regarding expectations for the next six months fell to a six-month low in February as Americans — particularly lower-incomer consumers — grew more pessimistic about their financial outlook.
Chain Store Age will bring together top retailers and suppliers involved in store/planning, construction and facilities management at the SPECS Spring Social, an interactive virtual event scheduled for March 24-25.
The National Retail Federation is calling on Congress to reject recently introduced legislation that it said would infringe on both employee and employer rights.
Chain Store Age spoke with Giancarlo Lanzano, VP of business development at Pine Ridge Construction Management, about how the firm serves its clients and uses technology to their benefit, along with COVID-19 safety concerns.
A 20-year veteran of L Brands is retiring but will remain long enough to see the company separate its two brands — Victoria’s Secret and Bath & Body Works — by this summer.
Chain Store Age will celebrate 17 leading female tech executives at its Top Women in Retail Technology awards ceremony, a live virtual event on Thursday, March 4, 2021, from 4:30 to 6:30 p.m. (EST).
Amazon capped off 2020 by delivering its largest quarterly revenue to date — news that was somewhat overshadowed by the announcement that founder Jeff Bezos will step down as CEO during the third quarter.
Record holiday season retail sales during the last two months of 2020 reflected the recovering economy but also got a boost from consumer emotions after a stressful year.
Ulta Beauty unveiled a $25 million diversity and inclusion initiative and brought on a popular celebrity activist and entrepreneur to serve as its diversity and inclusion advisor.
Walmart and Walmart Foundation announced grants to 16 different nonprofit organizations that are tackling racial inequities in a variety of different ways.
The Home Depot is partnering with Allstate to launch an extended protection plan that will provide customers with expanded benefits and faster repair service.