ARTICLES BY THIS AUTHOR
- 2/25/2021
Target to open in-store Apple shops
Target Corp.’s newest shop-in-shop initiative is with a tech giant. - 2/25/2021
Victoria’s Secret to close more locations, Bath & Body Works to open 49 stores
Victoria’s Secret isn’t done closing stores. - 2/24/2021
Gelson’s Markets to be acquired by Japanese retailer
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. - 2/24/2021
Fry’s Electronics goes out of business — abruptly
Fry’s Electronics has called it quits after being in business for nearly 36 years. - 2/24/2021
Store closures take $1 billion bite out of TJX sales in Q4
TJX Cos. reported fourth-quarter earnings and sales that missed expectations as its sales took a big hit from store closures around the world. - 2/24/2021
Gap Inc. investing $140 million to build Texas DC amid rising online sales
Gap Inc. is investing in a new fulfillment center as it looks to double its digital sales during the next couple of years. - 2/24/2021
Lowe’s Q4 tops Street as sales jump 27%; cites broad demand across all departments
Lowe’s Cos. reported fiscal fourth-quarter profit and sales that beat expectations as spending on home projects continues to surge amid the pandemic. - 2/24/2021
U.S. retail sales in 2021 to rise 6.5% to 8.2% amid vaccine rollout, says NRF
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. - 2/24/2021
Belk files for bankruptcy with eye on speedy exit as plan approved in one day
Belk filed for bankruptcy protection with a lender-supported reorganization plan that cut its debt load by about $450 million. - 2/23/2021
Estée Lauder to acquire beauty retailer Deciem in $1 billion deal
The Estée Lauder Companies Inc. has agreed to buy a majority stake in indie beauty brand Deciem Beauty Brand Group Inc.