Ross Keeps Rolling In Q2
It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.
off-price
TJX Moves Forward With Aggressive Store Expansion Plans
As TJX Companies brings its HomeSense store concept to the U.S. with a total of four locations expected to open this year, the retailer also has larger expansion plans.
Strong Store Traffic Boosts TJX Q2 Sales
Second quarter sales at the TJX Companies were up as strong customer traffic across all its retail brands was cited as the primary driver of the company’s growth.
Nordstrom Q2 Sales Gain But Earnings Slip
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.
Macy’s Beats Estimate Despite Lower Comps In Q2
Macy’s beat analyst estimates, and asserted that it was making progress on its performance, although sales and comps continued to decline in the second quarter.
Harry Jacobs, HomeGoods, Buyer
The July 17 issue of HOMEWORLD BUSINESS® features the 18th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
Stein Mart To Open Five New Locations This Fall
Stein Mart will open five new stores this fall to complete its 2017 store plan to open a total of 10 new stores this year.
Report: Israel To Lead Macy’s Backstage
Michelle Israel has been promoted to lead Macy’s Backstage and Bloomingdale’s The Outlets off-price divisions, according to a report by WWD. She will hold the title of senior vice president overseeing both divisions.
TJX To Open First U.S. Homesense Store In August
TJX will open its first Homesense store in the United States with the first location planned for Framingham, MA.
Ross Opening Two Hawaii Stores
Ross Dress for Less is preparing two new stores in Honolulu, HI, that will open on July 15.