Foot Locker has blowout quarterFoot Locker Inc. ran fast in its second quarter, with earnings that far exceeded expectations and said it is “cautiously optimistic” about its outlook for the second half of the year. Rue 21 taps cultural intelligence firm to provide GenZ insightsMore than half of Rue 21’s Black and Hispanic GenZ customers intend to spend more on clothing — nearly 20% more — this year than last, when compared to white customers. Survey: Retailers boost spending on returns management Retailers are seeing an increase in returned items, with the growth of e-commerce a likely culprit. Ross Stores Q2 sales jump; gives weak outlook on higher supply chain and COVID costs Ross Stores reported a strong quarter that beat expectations but warned of possible risks from escalating supply chain congestion and the COVID-19 delta variant. Amazon reportedly planning to open small department stores Amazon’s next foray into brick-and-mortar retail will reportedly center on large spaces akin to department stores. Toys ‘R’ Us, Babies ‘R’ Us Canadian stores to be acquired The Canadian Toys “R” Us unit is getting new owners. Macy’s earnings crush estimates; comp-sales soar Macy's reported second-quarter earnings that beat expectations and raised its full-year guidance as shoppers returned to its stores. Rebag’s new Connecticut store has item-pricing self-service kiosk Digitally native Rebag has added another location to its brick-and-mortar portfolio. Kohl’s blows past estimates; more ‘transformational partnerships’ to come Kohl’s Corp. came roaring back in the second quarter, with better-than-expected earnings and sales and raised its outlook for the year. Georgia congresswoman intros shopping center revitalization bill A congresswoman representing a suburban Atlanta district has introduced a bill that would help communities redevelop failing malls. First Previous 331 332 333 334 335 Next Last
