As part of Kohl’s commitment to health and wellness this year, the department store is continuing to collaborate with wellness company WW (formally Weight Watchers International). Kohl’s and WW are launching WW pop-ups in select stores this January to support customers on their wellness journeys.
Macy’s and Zola, a registry and wedding planning platform, have launched a wedding registry partnership. Engaged couples can now register for over 2,000 of Macy’s private brand and exclusive gifts across bedding, bath, tabletop, and home, directly on Zola.
Story at Macy’s, the narrative-driven retail concept inside 36 Macy’s stores nationwide, has unveiled its latest theme: “Feel Good.” Through April 2020, the Feel Good Story brings a fresh focus on wellness and uses merchandise curation and events to explore simple and actionable ways for customers to find greater balance, energy and nourishment.
Iain Nairn has been appointed president of Hudson’s Bay, effective January 12. He reports directly to Helena Foulkes, CEO, HBC.
Kohl’s has reported that its comparable sales for fiscal November and December 2019 combined decreased 0.2% over the same period last year.
The holidays weren’t kind to J.C. Penney, as comparable sales for the combined nine-week period ending January 4 slid 7.5%, the company reported.
Macy’s asserted that its comparable sales results for the months of November and December 2019 decreased less than previously expected. Meanwhile, several media reports indicate that Macy’s is eyeing at least some store closures.
Hudson’s Bay Company has entered into an amended arrangement with a group of existing shareholders under which the HBC common shares held by the company’s other shareholders will be acquired by HBC for $11.00 in cash per share.
Nordstrom and Neiman Marcus have opened updated urban department store formats in New York City, and while they are heavily apparel oriented, they have significant, meticulously merchandised housewares assortments with some home furnishings.
Hudson’s Bay Company’s chief financial officer, Ed Record, will return from medical leave and resume his duties, effective December 20, 2019.
Kohl’s is expanding an elevated in-store beauty experience pilot to a total of 12 stores across the country.
Hudson’s Bay Company has postponed its special meeting of shareholders, which was intended to vote on the company’s recent going private initiative.
Kohl’s stores nationwide will once again keep their doors open around the clock for holiday shoppers beginning at 7 a.m. local time on Friday, December 20 through 6 p.m. local time on Christmas Eve, Tuesday, December 24.
During the third quarter, Hudson’s Bay continued to reposition its department store business even as its off-price Saks Off 5th operation generated positive comps in a period when the company’s luxury customers were bargain shopping.
The special committee of the board of directors of Hudson’s Bay Company has rejected a recent takeover offer from The Catalyst Capital Group.
J.C. Penney has appointed Karl Walsh, an executive with more than 18 years of e-commerce experience, as senior vice president, chief digital officer, to lead strategic advancements of the company’s digital platforms, most notably in its flagship store jcp.com.
Hudson’s Bay Company has confirmed receipt of Catalyst Capital Group Inc.’s unsolicited proposal to acquire HBC for $11.00 per share in cash.
Off-price retailer Burlington Stores maintained its momentum going into the fourth quarter, showing both net income and net sales growth in the third quarter.
The third quarter was a tough one for Macy’s, so much so that the company reduced its full-year earnings per share guidance by 28 cents and its comparable store sales from flat to slightly up to negative territory, down 1.5% to 1% in its owned plus licensed stores.
Kohl’s may have improved its momentum as the third quarter ended with a comparable store sales increase, but it missed a Wall Street estimate for the period.