J.C. Penney loss narrows in Q3 as sales declines continue
Dec 18, 2024 · Dive Brief: J.C. Penney’s Q3 net sales fell 8% to $1.4 billion, according to financial filings Monday.With credit card income up nearly 33%, total revenue fell 6.2% to $1.5 billion. …
The Container Store files for bankruptcy, but it’s business as usual ...
Dec 23, 2024 · After nearly 50 years in business, The Container Store on Sunday filed under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas and expects to …
Macy’s taps actress Alison Brie for holiday campaign
Oct 29, 2024 · The Macy’s campaign kicks off as major competitors battle for holiday dollars in the critically important fourth quarter. Old Navy is running stylized holiday house party ads …
Soft Surroundings files for bankruptcy, will close all stores
Sep 18, 2023 · Dive Brief: Women’s apparel retailer Soft Surroundings last week filed for Chapter 11 bankruptcy in the Southern District of Texas’s Houston Division. The company will close all …
J.C. Penney closing 4 stores in coming months | Retail Dive
Jun 13, 2024 · A J.C. Penney anchor store. Mall REITs Brookfield Properties and Simon Property Group in 2020 bought the department store out of bankruptcy. "JC Penney" by Mike Mozart is …
Will Kohl’s have to close stores? - Retail Dive
Nov 27, 2024 · About a year and a half ago, Kohl’s was talking about expanding its store fleet, and CEO Tom Kingsbury said all locations were profitable.So far, the company has been true …
Popshelf updates all stores to new format, will exit Dollar General ...
Oct 18, 2024 · Dive Insight: The changes at Popshelf come about four years after parent company Dollar General opened the first store in late 2020. Since then, the chain has grown to …
Walmart launches immersive digital shopping experience
May 29, 2024 · Dive Insight: Walmart is diving deeper into immersive experiences. Walmart Realm features influencer-led, virtual shops that are meant to shorten the distance between …
Another rough year for department stores | Retail Dive
Oct 7, 2024 · Blurry cars drive by a Macy's store entrance. The department store announced this year it would close another 150 stores. Daphne Howland/Retail Dive
Perigold plans more store openings in 2025 | Retail Dive
Nov 18, 2024 · Perigold plans more store openings in 2025 The retailer, which is part of Wayfair’s portfolio, will open a Houston location in the spring featuring furniture, decor, lighting, kitchen, …