Gap not spinning off Old Navy; exec departsGap Inc. will remain whole. Kirkland’s looks to ‘right size’ store base; makes exec changesKirkland’s is closing some stores as part of a larger streamlining effort to transform its business to a more profitable model. Walmart names new chief merchant, other C-suite changes Walmart is making some changes to its leadership team. Starbucks to open 100 stores in underserved communities by 2025 Starbucks Corp. is expanding its commitment to operating stores in underserved urban and rural areas. Bose in big store closing move; cites ‘dramatic’ shift online High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint. Tropical Smoothie Cafe looks to add 670 locations in next five years Tropical Smoothie Café had record growth in 2019 and it’s nowhere near being finished. Express cutting jobs Express is reducing the size of its workforce. Sears legal dispute ends in $18 million settlement The current and former owner of Sears have settled a lawsuit that has been dragging on for months. Moody’s: Operating income of department stores in 2019 to be down about 20% Another dismal year for U.S. department stores will accelerate change in 2020. Leadership changes at Target A longtime Target exec is retiring. First Previous 245 246 247 248 249 Next Last
