Ross Dress for Less will open a new namesake store in Maricopa, AZ, and a new DD’s Discount store in Odessa, TX.
department stores
The Neiman Marcus Group has appointed Darcy Penick as the president of Bergdorf Goodman.
Ross Dress for Less will open a new namesake store in Cooper City on July 21.
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.
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.
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.
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.
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.
Burlington Stores produced a strong first quarter with both sales and income growth.
Macy’s CEO Jeff Gennette is bullish on his company’s Backstage off-price retail concept.
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.
Hudson’s Bay has named Stephen Gold as chief technology and digital operations officer, effective immediately.
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.
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.
HomeWorld’s annual Retailer of the Year selection (see the May 28 issue) typically prioritizes significant housewares development as a top consideration.
Ross Stores beat its plan estimates in the first quarter, growing both sales and earnings.
Macy’s has appointed Paula Price chief financial officer, effective July 9, 2018.
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.
Department store retailer Dillard’s maintained positive sales and earnings momentum in the first quarter.
First quarter sales at Nordstrom were up more than 5% as comparable store sales grew slightly.