Geoffrey the giraffe is seen on the side of a Toys “R” Us truck on March 17, 2005 in Colma, California. Justin Sullivan | fake images Toys R Us has a new …
Read More »WHP Global Acquires Majority Stake in Toys R Us and Plans to Open Stores
L Brands shares rise after retailer raises outlook and restores dividend
Pedestrians pass a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | fake images Shares in L Brands soared nearly 7% in pre-market trading on …
Read More »Poshmark (POSH) 2020 Q4 earnings, first since IPO
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, USA, on Thursday, January 14, 2021. Michael Nagle | Bloomberg | fake images Poshmark’s revenue …
Read More »Americans are ready to restock the wardrobe, but shipping issues may affect retailers
An Anthropologie employee at Fashion Island greets customers at the Newport Beach, CA store on Tuesday, May 26, 2020. Paul Bersebach | MediaNews Group | Orange County Register via Getty Images Some …
Read More »Saks Fifth Avenue Owner Turns Ecommerce Site into Separate Business
As department stores like Saks Fifth Avenue try to get shoppers back into stores after pandemic Covid-19 closures, the shift to online sales may continue to accelerate thanks to personalization technology. Richard …
Read More »Activist group says Kohl’s earnings show ‘the best of the worst’ in retail
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | fake images A group of activists seeking to take control of Kohl’s …
Read More »Gap (GPS) Reports Fourth Quarter 2020 Earnings, 2021 Sales Outlook
A man walks past a store on January 12, 2021 in New York City. Angela Weiss | AFP | fake images Gap Inc. predicted a rebound in sales growth in 2021 on …
Read More »Tanger Shares take a wild ride
Text size A worker carries a broom past closed stores at the Tanger Outlets in Atlantic City, New Jersey. Tanger shares rose on Thursday. Angus Mordant / Bloomberg Tanger Factory Distribution Centers …
Read More »Mall owner Washington Prime prepares to file for bankruptcy
Louis Conforti, CEO of Washington Prime Group, on CNBC’s Mad Money. Source: CNBC A US mall owner Washington Prime Group is preparing to file for Chapter 11 bankruptcy protection, and time is …
Read More »Buyers are ready to try new brands
Bed Bath & Beyond CEO Mark Tritton says shoppers are increasingly skipping national brands and looking to try private labels, which are often less expensive. “In 2020 alone, we’ve seen a migration …
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