department stores

Retail
Ross Slates New Stores For Arizona, Texas

Ross Dress for Less will open a new namesake store in Maricopa, AZ, and a new DD’s Discount store in Odessa, TX.

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Retail
Penick Appointed Bergdorf Goodman President

The Neiman Marcus Group has appointed Darcy Penick as the president of Bergdorf Goodman.

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Retail
Ross Readies New Store Openings

Ross Dress for Less will open a new namesake store in Cooper City on July 21.

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Retail Sears
Report: Sears Testing Kmart Store-In-Store Concept

According to a recent report on CNBC, as Sears Holdings continues to look for ways to boost sales, the company is testing new store concepts, including a mini-Kmart inside a Sears store in Brooklyn, NY.

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Retail
T.J. Maxx Brings Back The Maxx You Project

T.J. Maxx is bringing back its The Maxx You Project, which is designed to serve as a community that encourages women to embrace their individuality but do so together, according to the retailer.

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Retail
Marshalls Billboard Promotes Father’s Day Gift-Giving

Marshalls has come up with a unique promotion designed to demonstrate that it can be a destination for Father’s Day and other gift-giving occasions.

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Retail
Macy’s Acquires Minority Stake In b8ta

Macy’s has acquired a minority stake in b8ta and will use the latter’s software platform to scale The Market @ Macy’s concept launched earlier this year.

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Retail jc penney, J.C. Penney
J.C. Penney Launches Bonus Bucks Promotion

Just in time for Father’s Day, J.C. Penney is launching its first Bonus Bucks event, inviting customers to earn Bonus Bucks from June 14 to 17 and redeem their Bonus Bucks from June 14 to 20.

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Financials burlington stores
Burlington Produces Strong Q1

Burlington Stores produced a strong first quarter with both sales and income growth.

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Retail
Macy’s CEO Eyes Further Growth Of Backstage Concept

Macy’s CEO Jeff Gennette is bullish on his company’s Backstage off-price retail concept.

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Financials
Hudson’s Bay Sells Gilt, Slims Lord & Taylor After Soft Q1

Following its pending sale of Gilt to Rue La La, Hudson’s Bay revealed a bigger net loss and lower overall comps in the first quarter.

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Retail
Hudson’s Bay Names Gold Chief Technology And Digital Operations Officer

Hudson’s Bay has named Stephen Gold as chief technology and digital operations officer, effective immediately.

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Financials sears
Deep Q1 Loss Accelerates Sears Store Closings

Sears Holdings Corp. posted a deeper net loss in a challenging first quarter and said it would close more stores. In addition, the company developed another deal with Amazon. 

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Tabletop
Ember Expands Retail Presence At Nordstrom

Ember has expanded its retail reach, launching at Nordstrom. The company’s collection of temperature control mugs are available online at Nordstrom and in select stores at the [email protected] Eats More shop, now through July 8.

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Other peter giannetti
A Significant Housewares Development At Kohl’s

HomeWorld’s annual Retailer of the Year selection (see the May 28 issue) typically prioritizes significant housewares development as a top consideration.

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Financials
Ross Stores Gains In Q1

Ross Stores beat its plan estimates in the first quarter, growing both sales and earnings.  

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Retail
Macy’s Appoints Price Chief Financial Officer

Macy’s has appointed Paula Price chief financial officer, effective July 9, 2018.

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Retail
J.C. Penney’s Ellison Resigns, Takes CEO Role At Lowe’s

Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.

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Financials
Dillard’s Maintains Positive Sales Momentum In Q1

Department store retailer Dillard’s maintained positive sales and earnings momentum in the first quarter.

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Financials Nordstrom
Nordstrom Q1 Sales Rise

First quarter sales at Nordstrom were up more than 5% as comparable store sales grew slightly.

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