Online holiday spending to increase by double digits over last yearBlack Friday and Cyber-week promotions will be paramount in driving this year’s online holiday spending. Mattress Firm files for Chapter 11, closing up to 700 storesDeclining sales, over-expansion and competition from online disruptors have finally caught up with Mattress Firm. Amazon shifting focus to exclusive brands Amazon is starting to compete with itself in a few categories. Costco Q4 profit surges; reports flaw in financial controls Costco Wholesale Corp.’s profit rose 13.5% in the fourth quarter, even as its online growth lost some steam. Retail industry jobs rise in September Jobs in the retail industry are up over last year, yet many retail positions still remain unfilled. Fast-growing, fast-casual restaurant brand names COO Mod Super Fast Pizza Holdings, which will open about 100 locations this year, has tapped an experienced executive to help oversee its aggressive growth. Gap reaffirms that its stores are ‘open to all’ Gap Inc. has joined a public education campaign that promotes inclusion and diversity. Consumer holiday spending to climb 4.5%; promotions will be key A new holiday forecast offers more good news for retailers. Pier I loss widens in Q2 A struggling Pier 1 Imports Inc. reported disappointing second quarter results amid a sharp decline in same-store sales. Walgreens takes minority stake in online beauty retailer Walgreens Boots Alliance is looking to give its beauty department a high-end, experiential makeover by partnering with an innovative makeup upstart. First Previous 2361 2362 2363 2364 2365 Next Last
