department stores

Retail
Century 21 Stores Going Out Of Business

Century 21 Stores has filed for Chapter 11 and plans to commence a wind down of its off-price retail operations and going out of business sales at its 13 stores across New York, New Jersey, Pennsylvania, and Florida after serving customers for nearly 60 years.

Retail
Updated: J.C. Penney Moves Toward A Simon And Brookfield Buyout

Joshua Sussberg of the law firm Kirkland & Ellis, representing J.C. Penney, has told the United States Bankruptcy Court for the Southern District of Texas that Simon Property Group and Brookfield Property Partners had signed a non-binding but fully executable letter of intent for the purchase of J.C. Penney.

Retail
Kohl’s Rolls Out Rewards Loyalty Program

Kohl’s is rolling out Kohl’s Rewards, the company’s new simplified loyalty program, offering customers a more rewarding shopping experience with the opportunity to earn more Kohl’s Cash coupons, every day, on every purchase.

Retail
Hudson’s Bay Enhances Health Measures With CleanSlate Sanitizers

Hudson’s Bay is introducing a new initiative to extend its enhanced health and safety measures in its stores. With customer and associate well-being top of mind, select Hudson’s Bay locations will now feature CleanSlate UV sanitizers, a technology that uses medical-grade UV rays to sanitize objects like cell phones, wallets, keys and bank cards.

Retail
Lord & Taylor Slates Five More Store Closures

Le Tote, Inc. and Lord & Taylor, which recently filed for Chapter 11, said they continue to review offers for a sale of the company and its brands. Meanwhile, the company added five more Lord & Taylor stores to the list of stores that are now participating in the store closing sale process led by a joint venture of Hilco Merchant Resources and Gordon Brothers.

Retail
Lord & Taylor Files Chapter 11

On August 2, Le Tote, Inc. and certain of its subsidiaries including Lord & Taylor, filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Eastern District of Virginia. The company will simultaneously solicit bids for a going concern sale of both its Le Tote and Lord + Taylor businesses, and conduct targeted store closing sales.

Executive Profile
Sarah Dipietro, Omni Buyer, Fine & Casual China, Dinnerware, Outdoor & Table Linens, Macy’s

Sarah Dipietro quickly gained a reputation as a creative partner after stepping into her role at Macy’s as omni buyer for dinnerware in mid-2018. Most recently, she took on the casual china department at the retailer as well and was noted for her swift and focused diligence amid the COVID pandemic. For these and other reasons, Dipietro has been named a 2020 HOMEWORLD BUSINESS Impact Merchant.

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