Four Ways Retailers Can Thrive After the PandemicIn the 12 months since the start of the COVID outbreak in the U.S. there have been dramatic changes within the retail industry. Citi Trends to open 100-plus new stores by 2023; Q4 same-store sales up 16.7%Citi Trends reiterated its long-term strategic plan and growth targets as it reported nearly a 20% increase in fourth-quarter sales. Designer Brands Q4 sales fall; cites ‘room to grow’ The parent company of DSW ended the year on a tough note as the pandemic continued to impact its store traffic and sales of dress shoes. Retail sales fall in February amid winter storms; quick rebound expected U.S. consumers cut back on spending in February as harsh winter weather across the country took a bite out of sales. Parent company of Men’s Wearhouse starts hunt for a new CEO The chief executive of Tailored Brands is leaving after serving five years in the position and seeing the retailer through bankruptcy. Easy 2020 money stalled retail bankruptcies that will take place in 2021 Plentiful financing offered to retail chains stymied by the COVID-19 pandemic allowed many whose businesses had already been declining to hang on to life in 2020. But 2021 could be their downfall. Tim Hortons invests $64 million in Canadian tech, menu items Tim Hortons is funding digital innovation as part of its Canada-focused “Back to Basics” program. Coca-Cola veteran to take top spot at Honey Baked Ham Company The Honey Baked Ham Company has named a new chief executive. Target launches its first private crafting brand in more than 10 years Target Corp. is moving onto Joann’s and Michael’s home turf with the newest addition to its growing owned-brand lineup. Toys ‘R’ Us has new owner — again Toys “R” Us has a new owner, one that is committed to bring the brand back to brick-and-mortar. First Previous 346 347 348 349 350 Next Last
