JLL: Sales of luxury goods rose 8.6% in 2021 to $64 billionThere’s a good reason why luxury retailers like Hermès and Gucci are opening more and bigger stores in the United States. Nordstrom adopts one-year ‘poison pill’Nordstrom has gone on the offense. Macy’s embraces automation, digitalization to reduce waste Macy’s Inc. is turning to technology and best practices to help achieve a circular supply chain. Gap cutting about 500 corporate jobs Gap Inc. is slashing its corporate workforce. JCPenney to roll out beauty shops chainwide Terez opens its first physical store Terez has opened its first permanent brick-and-mortar location. Reuters: Mexican retailer Liverpool takes stake in Nordstrom Mexico City-based Liverpool has acquired a 9.9% passive stake in Nordstrom. Williams-Sonoma leadership changes; West Elm president leaving Two company veterans are leaving Williams-Sonoma. Walmart unveils enhanced virtual fitting room tool Walmart is entering what it says is the “next phase” of its virtual try-on experience. Bed Bath & Beyond reveals first round of store closings — here’s the list Bed Bath & Beyond is moving ahead with one part of its newest turnaround effort. First Previous 86 87 88 89 90 Next Last