L’Occitane in $900 million acquisition of natural skincare brandL'Occitane International S.A. has made a big bit on a luxury British skincare brand in what it is its largest acquisition to date. Five key fashion retail predictions for 2019The year 2019 is likely to another volatile year in fashion retail as trends evolve to reflect changing consumer tastes and behavior, Chico’s to overhaul ops and close 250 stores as its focuses on omnichannel Chico’s FAS is reducing its store portfolio and reviewing to operations to find efficiencies and cost savings. Report: Kohl’s to shutter four stores and a customer-service center Kohl’s is making several moves to lift its performance. Eddie Lampert sweetens bid for Sears Sears Holdings Corp. has been given an eleventh hour lifeline. Kohl’s posts modest holiday gains; raises outlook Kohl’s Corp. was up against a tough competitor with regards to its 2018 holiday sales — itself. Macy’s holiday sales disappoint; slashes sales and profit outlook The nation’s largest department store retailer reduced its outlook for the current fiscal year on the heels of weak holiday sales. Target on hunt for new CFO; announces changes to exec team Target Corp.’s finance head is leaving. Target’s holiday same-store sales soar Target Corp. posted stronger-than-expected holiday sales amid a surge in traffic to its stores and website. Analysis: Target in the winners’ circle for Christmas—and for 2019 Target gave everything it had to this holiday season, pulling out all the stops on merchandise, omnichannel services, and marketing. Fitch Ratings names retailers at ‘significant risk of default’ Retail defaults are expected to pick up in 2019. Analysis: J.C. Penney’s biggest problem area is in apparel Although this was a jolly holiday for most retailers, there was little cheer for J.C. Penney where comparable sales dropped by 5.4% on an unshifted basis. First Previous 2012 2013 2014 2015 2016 Next Last
