Costco sales strong in June; drops senior hoursCostco Wholesale Corp.’s winning streak continued in June, with the retailer reporting a 16.9% increase in sales and strong e-commerce growth. Mastercard: Retail sales in June up 11% year-over-year and 10.4% over 2019U.S. retail sales continue to heat up, with June marking the ninth consecutive month of total retail sales growth. CGP forecasts ‘phenomenal’ increase in back-to-school sales Retailers can expect “warp-speed” growth in back-to-school sales this year. Authentic Brands, co-owner of Brooks Brothers, Forever 21 and others, to go public Authentic Brands Group, which has amassed an extensive retail portfolio by acquiring struggling brands, has filed for an initial public offering. Glossier in new funding round, targets online and physical store growth Glossier Inc. is doubling down on its direct-to-consumer model as it prepares to reenter — and expand in — brick-and-mortar retail. BigCommerce extends European presence A leading U.S.-based e-commerce platform is growing from the U.K. into continental Europe. John Lewis to build rental homes — some fully furnished with retailer’s goods John Lewis is tapping into its property portfolio to expand in the housing market. Dressbarn, Pier 1 owner buys U.K. luxury brand Retail Ecommerce Ventures is adding another brand to its growing portfolio. Retail sales growing ‘far faster’ than expected, says NRF chief economist The retail industry is seeing not only unprecedented growth from months of pent-up demand as the economy reopens, but momentum as well. Genesco and activist investor continue to battle Genesco Inc. is determined to “set the record straight” as it battles activist investor Legion Partners Asset Management ahead of a proxy vote. Walgreens swings to Q3 profit; details growth strategy Walgreens Boots Alliance Inc. reported a stronger-than-expected third quarter and raised its outlook for the year. Gap to close all its stores in U.K., Ireland Gap is going online only in Britain and Ireland and is looking to sell its stores in Italy and France. First Previous 225 226 227 228 229 Next Last