Ascena Retail selling Ann Taylor, Loft and other brands for $540 millionAscena Retail Group has entered into a deal that will greatly boost Sycamore Partners’ retail portfolio. In Mass., mall to be replaced by distribution centerGreendale Mall in Worcester could serve as the poster child for COVID-19’s acceleration of online shopping and demand for merchandise fulfillment services. Home Depot settles 2014 data-breach case Home Depot has agreed with 46 states and the District of Columbia to payout $17.5 million -- to be shared among the states -- to settle a 2014 data breach case. Retailers jump on ‘buy now, pay later’ trend as holidays approach Leading retail chains including Neiman Marcus, Saks Off 5th, GameStop, and Express are adopting various omnichannel flex payment platforms. Victoria’s Secret names new CEO, other leadership appointments A company veteran has taken over the reins at Victoria’s Secret. Best Buy exec joins Gap Inc. in newly created leadership position Gap Inc. has made two additions to its senior team, naming its first-ever chief growth officer and a new CEO for Banana Republic. Gap earnings falls short but ‘optimistic’ about Q4; online sales up 61% Gap Inc. reported third-quarter earnings that just missed Wall Street expectations amid strong performances from both Old Navy and Athleta. CPG: ‘Big six’ retailers up 18.5% combined, pointing to record holiday sales Customer Growth Partners has updated its holiday forecast to a 5.8% year-over-year growth, to a record $749 billion. ForMe Life in national store rollout at Westfield shopping centers A luxury at-home fitness company that offers a smart exercise mirror is expanding in malls across the country. Survey: Supply chain execs seek change post-COVID-19 Most supply chain organizations are struggling with the ongoing impact of COVID-19. First Previous 1810 1811 1812 1813 1814 Next Last
