Amazon reportedly plans new supermarket chainAmazon is looking to expanding its grocery reach. Analysis: Spin-off of Old Navy could spell beginning of end for Gap brandThe spin-off of Old Navy is great news for the brand in that it will no longer have its success consistently outweighed by the sluggish performance of the Gap. Nordstrom reports mixed Q4 as sales at full-line stores take a hit Nordstrom reported better-than-expected fourth profit but missed analysts’ sales estimates amid an “unexpected” slowdown in traffic at its full-priced stores during and after the holidays. Neiman-Marcus makes strides in refinancing Luxury retailer Neiman-Marcus is close to an extension on its debt. Victoria’s Secret to close about 53 stores on heels of weak holiday performance L Brands reported mixed results for its crucial fourth quarter amid falling sales at its embattled Victoria’s Secret division. Canadian fashion retailer puts freeze on loss Fast-fashion retailer Ardene is ensuring loss does not grow as the business expands. Gap Inc. to split into two public companies Gap Inc. is spinning off fast-growing Old Navy as a standalone company. It also plans to close about 230 namesake stores during the next two years. Analysis: Penney now has the right leader but has very little time to course correct Today’s very weak results underline the fact that J.C. Penney is now the laggard of the retail industry. Chuck Rubin out as CEO of Michaels Companies The Michaels Company is looking for a new chief executive. 7-Eleven to enter big new market 7-Eleven is making its first foray into India. First Previous 1023 1024 1025 1026 1027 Next Last
