Accessories magazine’s Annual Census Report; industry statistics; retail earnings

Stockholders Agree to Merger Agreement Between Belk, Sycamore Partners

belk logo

Charlotte, NC--Belk, Inc., announced today that its stockholders voted to approve the adoption of the previously announced merger … [Read more...]

Retail CMOs Predict 4.2% Increase in Total Holiday Store Sales


Chicago—A skittish market and diminished back-to-school sales have U.S. retailers feeling cautiously optimistic for the upcoming … [Read more...]

Genesco to Acquire Little Burgundy Chain From Aldo Group

Statuesque |#DrMartens for Little Burgundy

Nashville, TN--Genesco Inc.announced today that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to … [Read more...]

Chico’s FAS Names Walmart Executive Shelley Broader as New CEO

Shelley Broader

Fort Myers, FL—A top Walmart executive will soon be chief executive at Chico’s FAS. The women’s specialty retailer said Wednesday … [Read more...]

Kohl’s Announces Evolution of its Multi-Year “Greatness Agenda” Strategy


Menomonee Falls, WI—In an aggressive new strategic leap, Kohl’s today unveiled new initiatives to expand its strategic goals call … [Read more...]

Now Lord & Taylor Plans to Launch Off-Price Concept


New York—Seeking a younger demographic that liked “on-trend, in-season product at amazing prices,” Lord & Taylor’s parent, … [Read more...]

TJX Completes Acquisition of Australian Off-Price Retailer Trade Secret


Framingham, MA—The TJX Companies investment in expanding oversees just took a turn toward Oz. The off-price retailer said today … [Read more...]

EMV Credit Cards “Overwhelming” for Small Retailers


Washington–A gift shop owner told Congress today that making the change to chip-and-signature credit cards has been “overwhelming” … [Read more...]

Amazon Creating More Than 100,000 Seasonal Jobs!

amazon today announced it is creating 100,000 seasonal positions across its U.S. network of fulfillment and sortation … [Read more...]

Brooks Brothers Enters Joint Venture to Expand in China

Yara Shahidi always had a thing for Brooks Brothers dress shirts.

New York, Hong Kong, Beijing and Shanghai--Brooks Brothers Group, Inc has joined forces with Walton Brown Group, a subsidiary of … [Read more...]

Walmart U.S. Appoints Steve Bratspies to Chief Merchandising Officer

Steve Bratspies

Bentonville, AR—In the latest move by a major retailer to shift its merchandise mix, Walmart U.S. announced the appointment of … [Read more...]

Last Minute Back-to-School Surge Helps September Comps Edge Past Estimates


New York—The strong finish for back-to-school sales help make September comparable store sales edge past analysts’ … [Read more...]