Sears has opened a new smaller format Sears Home & Life store in Lafayette, Louisiana. Two other Sears Home & Life stores are also opening this weekend in Anchorage, Alaska, and Overland Park, Kansas.
Ross Stores rang up first quarter sales gains at the high end of its guidance for the quarter.
Stage Stores’ comparable sales were down in the first quarter ended May 4, but the retailer said it was encouraged by its off-price store conversion plan and its expansion of the home department.
TJX enjoyed a strong first quarter performance, highlighted by a solid comparable store sales increase above the company’s expectations.
Nordstrom reported that its net sales decreased 3.5% for the first quarter. The company said its top-line results were impacted by three areas— loyalty, digital marketing and merchandise— which contributed to declines across its full-price and off-price businesses, in both stores and online.
Stein Mart is installing Amazon Hub Lockers in nearly 200 of its stores across 28 states. Amazon Hub Lockers are secure, self-service kiosks that provide customers of the online retailer an alternative delivery option to pick up and return their Amazon packages.
Kohl’s has been rapidly revamping its approach to the consumer, testing, and in several cases, rolling out new initiatives including partnerships with everyone from Amazon and Planet Fitness to Weight Watchers and Aldi to entice shoppers.
A month after reports surfaced that At Home was exploring options that included a possible sale, the home specialty retailer now appears to have a suitor.
Dillard’s produced a relatively steady first quarter year over year, with comparable sales flat and net sales and income matching the previous first quarter.
Macy’s showed progress in its first quarter, beating Wall Street estimates and asserting that it was gaining traction with its omnichannel growth strategies.
Hudson’s Bay Company (HBC) said it is pursuing strategic alternatives for the Lord + Taylor operating business, including a possible sale or merger.
At a time when retailers are looking at new ways to reach urban customers, Nordstrom will continue to expand its presence in New York City this fall by opening two Nordstrom Local neighborhood service hubs.
Kohl’s said that all of its stores will now be accepting free returns for Amazon customers starting in July.
Sears Holdings Corp. and a group of unsecured creditors are suing the retailer’s former CEO Edward Lampert along with several board members including current Treasury Secretary Steven Mnuchin for allegedly stealing billions of dollars from the retailer.
The National Father’s Day Council will recognize Tom Kingsbury, president, CEO and chairman of Burlington Stores, as a 2019 “Father of the Year” honoree. The 78th annual Father of the Year Awards will be presented at the New York Hilton Midtown Hotel on June 13.
J.C. Penney has made several appointments to its executive team, including in its home categories, as it continues to reinforce its growth initiatives.
Ross Stores said that Michael O’Sullivan, the company’s president and chief operating officer since 2009, has resigned from the company and its board of directors effective immediately to accept a position with another company.
Macy’s has a “Story” it is revealing in 36 of its department stores as the company tries its hand at narrative retailing.
With the survival of Sears now a settled issue, at least for now, the venerable retailer is now focused on putting its brand back in front of consumers and letting shoppers know the company is, in fact, still in business.
In a fourth quarter when it continued to realign its business, Hudson’s Bay recorded a net loss but pointed to an overall improvement in its operations.