Two channels drive record May grocery inflationGrocery inflation continued reaching new heights in the month of May. PREIT reports 10% sales increases at three malls in MaySales at Cherry Hill Mall, Springfield Town Center, and Woodland Mall were up 10% year-over-year in May and 12-month comp sales grew 3% since the end of 2021, PREIT reported. Wawa to expand into Tennessee Wawa has big growth plans for Music City. Rick Caruso will run against U.S. Rep. Karen Bass to be mayor of L.A. Famed Grove developer Rick Caruso says he'll fix L.A.'s homeless problem and shore up its police department if he's elected in November. J.Jill swings to the black in Q1; sales rise 22% J.Jill showed strong top- and bottom-line growth in its first quarter as its turnaround under CEO Claire Spofford continues. Retailers’ Response to Social Issues Can Make or Break Their Reputations Consumers and other stakeholders are putting their money where their morals are and expect the chains and brands they do business with to do the same. SafetyCulture invests in IoT solutions provider SafetyCulture is taking part in the emerging Internet of Things (IoT) technology space. Placer.ai: Don’t read too much into spring visit traffic declines A new report from a leading source of traffic data at retail centers found a distinct lag in store visits during April, but blamed peaking gas prices, not waning shopper interest. Chico’s swings to profit in positive Q1 Strong same-store sales helped Chico’s FAS move from the red into the black in its first quarter of fiscal 2022. Kohl’s may have found an $8 billion buyer Kohl’s Corp. is entering exclusive talks regarding a sale with one suitor. First Previous 230 231 232 233 234 Next Last
