Tiffany & Co.'s lawsuit against LVMH for trying to back out of its $16 billion deal to acquire the U.S. jeweler has been given the fast track by a Delaware Chancery Court justice.
Ralph Lauren is streamlining its organization structure, cutting jobs in the process. It’s also rolling out enhanced tech platforms to support its global operations.
Target Corp. isn’t wasting any time rebuilding its Lake Street store (in Minneapolis) that was heavily damaged in the riots following the death of George Floyd.
Ascena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered.
Rent the Runway is introducing a new membership structure as the pandemic continues to impact consumer behavior – particularly when it comes to the clothing people wear.
Walmart is introducing a new team-based operating model for its supercenters that includes higher wages for some of its salaried and hourly store employees.
Online grocery will account for 21.5% of total grocery sales by 2025, an estimated $250 billion, representing more than a 60% increase compared to pre-pandemic estimates.
Holiday sales growth this year will largely depend on how much wealthy households splurge and how a range of different pandemic-related factors play out.
Academy Sports and Outdoors has publicly filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering.
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie.
The Michaels Companies is one of the first retailers to announce its hiring plans for a holiday season that is likely to be far different than years past.
Six retailers have been recognized for succeeding in business while also showing outstanding respect, care and concern for their employees, their communities and the environment – especially during the pandemic.
The grocery store sector is the best industry adopter of recommended COVID-19 precautions, followed by big-box stores and the financial services industry.
Burger King unveiled two futuristic restaurant designs that offer a “touchless” experience, complete with conveyor belts that deliver orders to customers.
At Home reported a strong second quarter as consumers continued to spend time and money on decorating and organizing their homes – a trend the retailer sees persisting for some time to come.
Dick’s Sporting Goods reported soaring second-quarter earnings and sales, with a nearly 200% increase in online revenue, as more consumers bought its goods to stay active during the pandemic.
Bed Bath & Beyond Inc. is eliminating 2,800 jobs across its stores and headquarters in its ongoing effort to cut costs and streamline operations as it focuses on online sales.
Children’s Place reported a wider-than-expected loss and a 12% sales decline for its second quarter amid a decrease in back-to-school spending that started in July.
More consumers expect at least some classes to take place online than a month ago and are buying items to be ready.
An update the annual back-to-class survey conducted by the National Retail Federation and Prosper Insights & Analytics in
Consumers have become increasingly more comfortable with making apparel purchases online.
That’s according to data from Quantum Metric, which found that online apparel sales rose 66% for the week of August 9 - 15 versus the same week last y
A private-equity company has made a move to acquire two New York metro area upscale grocers.
KB US Holdings, the parent company of Kings Food Markets and Balducci’s Food Lover’s Market banners, filed for Chapter 11 bankruptcy protection and
A legendary automaker took top honors in the Retail Design Institute’s annual store design competition.
Cadillac House in Shanghai, China, is the RDI’s 2019 Store of the Year.
Aldi has opened its eighth location on New York’s Long Island.
The store, in North Babylon store is the second new Aldi on Long Island this year and a part of the retailer’s national growth strategy.
Foot Locker reported a big jump in same-store sales and better-than-expected earnings as it works to get back on track following pandemic-mandated store closures.
Target Corp. crushed all estimates for its second quarter as it posted skyrocketing profits and the strongest quarterly same-store sales growth in its history amid strong digital and store growth.
BrandPoint Services announced its inclusion in the 2020 Inc. Fastest-Growing Private Companies list, an annual ranking of private companies with the most proven track records.
If there were any doubts that Home Depot sales would benefit from the home-focused environment ushered in by the global pandemic, they were erased by the company’s second-quarter performance.
Most U.S. consumers aren’t planning on cutting back on holiday spending, but they are prioritizing who they purchase for and adjusting budgets accordingly.
Walmart Inc.’s business continued to surge in the second quarter, with better-than-expected sales fueled by strong demand for food and general merchandise and skyrocketing growth in e-commerce.
The retail properties and office property sectors are expected to see major declines in rents this year due to the COVID-19 pandemic.
According to Moody’s Analytics’ new forecasts for commercial real estate rents and vacancies, the effective
A company that is making a name for itself by buying up the intellectual assets of bankrupt retail brands has struck again.
Retail Ecommerce Ventures acquired Modell’s Sporting Goods, which filed for bankruptcy in March and is liquidating all its
Domino’s Pizza is embarking on a worldwide hiring initiative.
The largest pizza company in the world based on global retail sales said its corporate and franchise stores are looking to fill more than 20,000 positions, including delivery experts,
Zappos is setting up shop in the Big Apple.
That’s according to the New York Post, which reported that the Amazon-owned online shoe retailer has leased a space in the Union Square area of Manhattan that was previously home to American E
Three hundred Pizza Huts are going dark and 927 other locations are going on the selling block.
NPC International has reached an agreement with Pizza Hut, whose parent company is Yum!
After reducing its store hours amid the pandemic, Walmart will join other retailers who are starting to keep their stores open later.
The retail giant is extending the store closing time at more than 4,000 of its 4,700 U.S.
Home and local experiences have taken on increased importance amid the COVID-19 pandemic, and retailers and consumer goods companies must tailor their products and services accordingly.
J.Crew Group has joined Time to Vote, a non-partisan effort led by CEOs whose goal is to increase voter participation.
As part of the effort, J.Crew will close all J.Crew and Madewell stores, corporate offices, its distribution center and custome
Retailers from more than 100 retail, restaurant and specialty chains registered to attend Chain Store Age’s annual SPECS show, which took place August 4-6, 2020, in an all-virtual format.
At a time of unprecedented industry change and upheav
Recoveries in the department store sector have been stymied by a resurgence in COVID-19 cases leading to a reversal of the positive trends seen in May and June.
That’s according to new data from foot traffic analytics firm Placer.ai.
Chicken Salad Chick is bolstering its executive team amid ongoing store expansion.
The southern-inspired, fast-casual chicken salad restaurant chain, which was acquired by Brentwood Associates in November 2019, has more than quadrupled in s
J. Crew Group and its landlords have come to terms.
The apparel retailer, which filed for bankruptcy in May, said that, as of August 9, it has reached agreements with landlords to improve lease terms on its store portfolio. J.
Foot Locker is feeling upbeat about its second quarter.
In a sales and earnings update for the second quarter (ended August 1), the athletic footwear retailer said that same-store sales increased approximately 18%.
The COVID-19 pandemic is having a major impact on retail imports as retailers cut back on orders amid worries of being overstocked.
Imports at major U.S.
Cumberland Farms has unveiled an in-store addition inspired by European cafes.
The convenience store retailer, which was acquired last year by European c-store operator EG Group, parent company of EG America, opened its first-ever Far
The average consumer expects to spend more on back-to-school items this year than in 2019, despite continued uncertainty over school openings amid COVID-19.
Ralph Lauren Corp. was hit hard in its first quarter by the COVID-19 pandemic, but it is using the disruption to accelerate its core strategic focus areas.
Join CSA for a webinar on Aug. 12, 2 p.m. ET, and learn how Joann and Boot Barn are using data and analytics to control FM spend, driving reductions for the remainder of the year and long-term.
Indicators suggest that the economy has begun to recover as businesses reopen from the pandemic, but it’s uncertain how steadily the comeback will continue.
Sola Salon Studios, which offers beauty professions move-in-ready studios in a shared setting, is expanding its footprint across the U.S. via franchising.
