Tailored Brands sells rights to Joseph Abboud; designer to exitTailored Brands is selling the Joseph Abboud trademarks to a brand acquisition firm for $115 million. Tropical Smoothie Cafe looks to add 670 locations in next five yearsTropical Smoothie Café had record growth in 2019 and it’s nowhere near being finished. Payless ShoeSource exits bankruptcy; hints at U.S. comeback Payless ShoeSource has emerged from bankruptcy protection with a plan to expand its global operations. 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. New net lease brokerage opens in Chicago Michigan-based Farbman Group has launched FarbNet, a new Chicago brokerage focused on selling net lease assets. Google dives deeper into retail with latest acquisition Google is acquiring an Irish retail startup whose mission is “to make things better for local retailers.” Five Below ramps up store growth in 2020, revises Q4 outlook New store openings will remain a priority for Five Below this year. Chico’s exec named Party City’s CFO A party goods retailer is getting a new finance chief. Ikea to open ‘city centre’ concept in London Ikea’s $5.8 billion initiative to open smaller format “city centre” stores to get closer to shoppers in dense urban areas is landing in London. First Previous 245 246 247 248 249 Next Last
