Deloitte: Back-to-school spending to hit new high as prices rise; stores to reboundDespite rising inflation and other financial concerns, back-to-school seasonal spending to reach an all-time high. Average Prime Day orders up 18% from last yearAs Prime Day approaches its final hours, a clearer picture of its performance emerges. A separate piece: Hotel builder gets OK to raze an old Sears One of the key foundations of the early mall business is now a factor in the undoing of many old malls. Macerich welcomes a spate of new entertainment tenants What once was shopping, strolling, and snacking at malls is increasingly turning into bowling, gaming, and dining. Kohl’s rolling out new store experience Kohl's Corp. is launching new merchandising initiatives in-store and online. Leadership shakeups at Gap Inc. There has been a big leadership shakeup at Gap Inc., which has also named a 26-year Walmart vet to lead Old Navy. Walmart won’t directly challenge Prime Day Walmart is apparently passing on countering Amazon’s Prime Day sales extravaganza this year. Vestar names one of its own as COO The largest privately held shopping center developer, owner and manager in the western United States has promoted its executive VP of operations. Residential to rise at a Pyramid mall in the Hudson Valley Pyramid Management Group has been rather busy lately shoring up the finances of its malls, including Destiny USA in Syracuse. Walmart’s back-to-school campaign spotlights low prices Walmart is matching Target Corp. with early and expanded back-to-school sales promotions that emphasize value. First Previous 112 113 114 115 116 Next Last
