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- Last-minute funding buys Bed Bath & Beyond more timeby Nate Delesline III on February 8, 2023 at 5:46 pm
As part of the company’s turnaround strategy, it aims to reduce its brick-and-mortar footprint to 480 stores.
- To rescue Vans, VF aims to replicate success at The North Faceby Daphne Howland on February 8, 2023 at 5:41 pm
After another tough quarter, the apparel conglomerate is cutting costs and mulling a sale of backpack brands Kipling, Eastpak and JanSport.
- Alo Yoga unveils virtual store with beauty, workout contentby Tatiana Walk-Morris on February 8, 2023 at 5:08 pm
The brand has experimented with NFT releases and cryptocurrency payments in recent months.
- Imports forecast to be lowest in almost 3 years: reportby Kaarin Vembar on February 8, 2023 at 4:32 pm
Retailers are importing less merchandise due to an economic slowdown, according to the NRF and Hackett Associates.
- Canada Goose to double physical footprint over the next 5 yearsby Dani James on February 8, 2023 at 4:29 pm
The luxury brand, which currently operates 51 stand-alone stores, plans to reach $3 billion in revenue by 2028.
- Under Armour turns to athleisure for growthby Cara Salpini on February 8, 2023 at 4:13 pm
Catering to the rest of a customer’s day could triple its addressable market, according to interim chief Colin Browne.
- Instacart debuts Scan & Pay solution with New York City grocerby Catherine Douglas Moran on February 8, 2023 at 2:31 pm
Foodcellar Market, a grocer with two stores in Queens’ Long Island City neighborhood, is deploying the technology, which is part of Instacart’s suite of in-store solutions for retailers.
- Simon Property Group sells off Eddie Bauer interest as its retail investments tumbleby Daphne Howland on February 7, 2023 at 5:47 pm
Many of the REIT’s retailers and brands are profitable, and even J.C. Penney is thriving, but Forever 21 had a tough 2022, CEO David Simon said.
- Bed Bath & Beyond seeks $1B to avoid bankruptcyby Nate Delesline III on February 7, 2023 at 5:14 pm
The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.
- The Vitamin Shoppe opens first franchise locationby Kaarin Vembar on February 7, 2023 at 5:12 pm
In addition to the Valparaiso, Indiana, store the retailer plans to open at least 12 more in 2023 with local partners.
