News

Ollie’s Bargain Outlet raised $143 million in a wildly successful initial public stock offering that positions the company for steady expansion of its 181 unit store base beyond core markets.

Ollie’s co-founder and CEO Mark Butler told Retailing Today that although the company has identified 950 suitable store locations, proceeds from the IPO will be used to repay debt and the company will maintain a measured pace of expansion.

Guess, operator of more than 800 stores worldwide, has appointed a fast fashion veteran as executive chairman. 

A TargetExpress, which comprises only about 16,000 square feet, will open in the St. Paul metro area this month.

San Jose, Calif. – PayPal Holdings Inc. is still not officially an independent company, but is getting some serious respect from the investment world.

Once PayPal splits from parent company eBay and starts trading on the Nasdaq Stock Market under “PYPL” (expected July 17), it will be listed on several prominent stock indices.

The "buy" buttons that Google first announced earlier this year are officially coming to search pages very soon.

Google officials made the announcement at an event in New York City on Wednesday and also online. 

The buttons will allow shoppers to purchase items directly from ads in Google search results using the payment information linked to their Google account.

Washington, D.C. - Parents this year will be a little more cautious about their back-to-school spending.

According to NRF’s Back-to-School Spending Survey conducted by Prosper Insights & Analytics, the average family with children in grades K-12 plans to spend $630.36 on school needs.

Macy’s is ready to help students put their best (fashion) foot forward this autumn with an omnichannel approach to back-to-school.

There was good news for retailers in the International Council of Shopping Centers’ annual BTS (Back-to-School) Consumer Spending Survey.