Target shifts from Black Friday into Cyber WeekTarget is running its largest-ever Cyber Week digital sales event through Saturday, Dec. 5. CPG: ‘Big six’ retailers up 18.5% combined, pointing to record holiday salesCustomer Growth Partners has updated its holiday forecast to a 5.8% year-over-year growth, to a record $749 billion. Dick’s Sporting Goods to launch new retail concept Dick’s Sporting Goods is going all-in on the outdoors and CEO Ed Stack is leading the charge. Retailers jump on ‘buy now, pay later’ trend as holidays approach Leading retail chains including Neiman Marcus, Saks Off 5th, GameStop, and Express are adopting various omnichannel flex payment platforms. Foot Locker expands ‘power store’ concept to Canada Foot Locker is adding two new locations for its community-based “power” store format. Victoria’s Secret names new CEO, other leadership appointments A company veteran has taken over the reins at Victoria’s Secret. Best Buy exec joins Gap Inc. in newly created leadership position Gap Inc. has made two additions to its senior team, naming its first-ever chief growth officer and a new CEO for Banana Republic. Global fashion retailer personalizes online shopping with AWS Germany-based Zalando is running its machine learning workloads on Amazon Web Services (AWS) to reduce time-to-market of new online customer experience features. Nordstrom Q3 earnings top expectations; digital surges to 54% of total sales Nordstrom reported third-quarter earnings that bested analysts forecasts, helped by strong growth online. Gap earnings falls short but ‘optimistic’ about Q4; online sales up 61% Gap Inc. reported third-quarter earnings that just missed Wall Street expectations amid strong performances from both Old Navy and Athleta. J. Crew Group’s CEO departs; successor named J. Crew Group has promoted a company veteran to its top post. Abercrombie to close more flagships; posts better-than-expected Q3 Abercrombie & Fitch easily topped Wall Street estimates for quarterly sales and earnings amid cost controls and strong online demand. First Previous 332 333 334 335 336 Next Last
