Macy’s plans big upgrade of Herald Square, with new office tower atop flagshipMacy’s is making a big investment in the neighborhood that surrounds its most iconic store, its flagship in New York City’s Herald Square. L Brands spinning off Victoria’s Secret, Bath & Body Works into two companiesL Brands has opted to spin off Victoria’s Secret rather than sell it. COVID-19 dampens retail theft losses, not criminal greed Even as temporary store closures due to the pandemic cut down on total retail theft incidents and losses, thieves stole more per incident. Paper Source to be acquired by Barnes & Noble parent company A British private equity firm is making another U.S. acquisition. Chipotle to hike pay, offer referral bonuses amid restaurant labor crunch Chipotle Mexican Grill is increasing wages and adding new bonuses as it looks to hire 20,000 employees across the U.S. NPD: Three critical trends affecting retailers in coming months are… New policies regarding the return to work, reopening of schools for in-person learning and the resurgence of travel will have enormous implications for the retail industry. Party City narrows loss, gives upbeat outlook Party City Holdco reported a smaller-than-expected first-quarter loss and sales that beat estimates even as social gatherings remained constricted. Urban Outfitters to digitally grow Mideast presence Urban Outfitters is building on the success of its brick-and-mortar store in the United Arab Emirates. Amazon plans new supply chain facility in Louisiana Amazon is opening its first robotics fulfillment center in the state of Louisiana. PacSun to have co-CEOs PacSun will soon have two chief executive officers. First Previous 331 332 333 334 335 Next Last
