Retailing


HBC to Expand into Europe with $2.73B Purchase of German Dept. Store

Galeria Kaufhof store in Frankfort

Toronto—After making inroads into dominating the North American department store market with the addition of Lord & Taylor and … [Read more...]

Streamlining: Gap to Close 175 of its Namesake Stores

Gap

San Francisco—Another retailer to make drastic changes to prevent a further slide in business: this time Gap Inc. said today to … [Read more...]

Neiman Marcus Q3 Swings into Profit as Sales Rise

Fendi mini monster shearling backpack at Neiman Marcus

Dallas—Neiman Marcus Group today reported that its luxury retail business swung into a third quarter profit aided by increased … [Read more...]

Shoe Carnival to Bow New Small-Market Store Concept

Shoe Carnival

Evansville, IN—Shoe Carnival, Inc., a leading retailer of moderately priced footwear and accessories, announced Thursday the … [Read more...]

Shake Up at J. Crew: Designer Ousted, 175 Jobs Cut

From J. Crew's summer collection

New York—Faced with less-than-superlative sales results and merchandise misfires, J. Crew today announced it would be eliminating … [Read more...]

Despite Sales Increase, Hudson’s Bay Co. Posts $54 Million Q1 Loss on Costs

Hudson's Bay

Toronto--Hudson’s Bay Company reported Wednesday a $54 million swing into a first quarter loss due to administrative costs even as … [Read more...]

Inditex Q1 Profit Best Estimates on Fast Fashion Sales Rise

zara

Madrid—Despite being faced by currency fluctuations like many international retailers, Inditex, the “world’s largest apparel … [Read more...]

Lands’ End Announces Major Additions to New Executive Team

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Dodgeville, WI--Lands' End  announced Monday it will be adding two highly regarded retail veterans to its executive team led by … [Read more...]

Macy’s Backstage, New Off-Price Store, Signs Lease in The Bronx

Fordham Place, Bronx NY (PRNewsFoto/Retail Properties of America, In)

Oak Brook, IL—Macy’s Inc.’s plans to expand into off-price retailing got another step closer today as Retail Properties of … [Read more...]

Dysfunctional Customer Experiences Risk Billions in Retail Losses

angryshopper

Chicago--It may seem counterintuitive, but retailers should welcome the irate shopper who vents her frustration in an animated … [Read more...]

Tanger Outlets, Simon Announce Ground New Outlet Center in Columbus

Tanger President/CEO Steven B. Tanger

Greensboro, NC--Tanger Factory Outlet Centers, Inc. and Simon announced this week that the partners will host an official … [Read more...]

J. Crew Takes Write-Downs as Q1 Sales Decline

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New York—Reporting today another quarter of decreased sales, J. Crew Group Inc. said it has taken more write-downs on its namesake … [Read more...]