Chico’s Q1 profit, sales fall but beat Street; cuts outlookChico’s FAS’ earnings, revenue and same-store sales declined in the first quarter as the struggling apparel retailer works to get itself back on track under new leadership. Poshmark expands into a $582 billion categoryPoshmark, a leading marketplace for used apparel, is broadening its reach beyond fashion and accessories. Kohl’s to close its discount stores Kohl’s Corp. is shutting down its discount pilot. Citi Trends CEO to leave The most valuable brand in the world is … Tech companies continue to dominate an annual listing of the most valuable global brands. Neiman Marcus Q3 loss widens, revenue falls; gets breathing room on debt Neiman Marcus Group’s ongoing win of same-store sales gains ended in its third quarter. But the company reported goods news about its hefty debt. Amazon doubles down on the Big Apple Amazon has expanded its checkout-free convenience store format in Manhattan. Hudson’s Bay, parent of Saks and Lord & Taylor, may go private; exits Germany Struggling department store giant Hudson’s Bay Co. has received a proposal to go private. Network infrastructure: The key to retail modernization To paraphrase Mark Twain, the death of traditional retail has been greatly exaggerated. Bain & Co.: Threat of retail takeovers, failures very real Retailers have a great deal of work left to do to secure their future. First Previous 968 969 970 971 972 Next Last
