With home goods acting as a driver, retail sales gained across almost all sectors in the United States during January, according to Mastercard SpendingPulse, which measures in-store and online sales across all forms of payment.
Nordstrom has named Alexis DePree evp/chief supply chain officer to the executive team effective next month.
In this holiday season, Nordstrom is offering customers more choices than ever to get their online orders how they want before December 25, including online order pickup, curbside pickup, ship to store, expedited shipping and same-day delivery in the NYC area.
With the holiday shopping season winding down, Macy’s is promoting itself as a last-minute gift source with unique items across all price points via macys.com, mobile app or shopping in stores that are employing advanced safety and cleaning measures nationwide.
J.C. Penney has exited Chapter 11, completing its previously announced sale, under which Simon Property Group and Brookfield Asset Management have acquired substantially all of its retail and operating assets.
Throughout December, Belk is hosting activities including an online holiday home decorating contest and free phone calls from Santa, as well as surprising shoppers with gift cards for the value of their order when they use the company’s free in-store or curbside pickup.
Kohl’s has formed a long-term strategic partnership with Sephora to create a new era of elevated beauty at Kohl’s, marrying its customer reach and omnichannel convenience with Sephora’s prestige service, product selection and beauty experience.
Kohl’s raced to national prominence on a clever proposition— take outlet-type bargains to the people, opening stores designed to compete with mid-tier and department store retailers in strip malls, closer to the homes of consumers it wanted to make customers.
In the third quarter, Macy’s did better than Wall Street expected as digital sales and services such as curbside pickup helped boost revenues, and home furnishings gained.
J.C. Penney is ramping up its holiday savings beginning November 20 through Black Friday weekend, November 25-28, with deals on a wide variety of offerings.
Macy’s has had to travel a rocky road lately as it confronts a new generation of consumer and an environment increasingly evolving toward digital sales, and then the COVID-19 pandemic.
Kohl’s easily beat a Wall Street earnings per share estimate for the third quarter as digital sales gained even if revenues overall slid in a retail market disrupted by the continuing coronavirus pandemic.
Home and furniture categories were a bright spot for Dillard’s, but the department store retailer still saw sales slide in the third quarter.
J.C. Penney said that the U.S. Bankruptcy Court for the Southern District of Texas has approved the previously announced asset purchase agreement with Brookfield Asset Management, Inc., Simon Property Group and the company’s DIP and First Lien Lenders, which is supported by the unsecured creditors committee.
Kohl’s is unveiling its Black Friday Ad, a new and bigger Black Friday Week event, and savings events all month long, giving consumers more opportunities to save on the top gifts of the season this November.
With consumers prioritizing their health and shopping for a more casual lifestyle, with a focus on active gear, apparel, home goods, and overall personal wellness, Kohl’s is piloting a new essential goods concept: Kohl’s Wellness Market.
As it works to its emergence from Chapter 11 bankruptcy, J.C. Penney has finalized its asset purchase agreement with Brookfield Asset Management, Simon Property Group and a majority of the company’s DIP and first lien lenders.
In an effort to enhance the company’s ability to provide a seamless and compelling experience everywhere customers want to shop, Nordstrom is adding two more of its Nordstrom Local service hubs, one each in Newport Beach and Manhattan Beach, CA.
Kohl’s recently shared the company’s new strategic framework with the investment community, including new initiatives to position the company for long-term success. As part of its strategy, Kohl’s said it has set a new vision: to be the most trusted retailer of choice for the active and casual lifestyle.
J.C. Penney has filed a draft asset purchase agreement that tracks the terms of the previously announced letter of intent to sell the company.