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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations
Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store retailer. Macy’s plans to close 150 underproductive nameplate stores — approximately 50…
News February 27
With its Newest Store, Washington Gets a Whiff of Olfactory NYC
Olfactory NYC has ventured inside the Beltway for its latest store, which will open in April. The brand, founded in 2017, has three stores in New York City and one…
News February 27
720-Store Pet Supplies Plus Partners with DoorDash for Deliveries
Pet Supplies Plus and DoorDash will offer same-day delivery of pet products from all 720 of the retailer’s stores. DoorDash already works with a number of retailers in the pet…
News February 27
Digital Brands Group Gets Physical to Clear Excess Inventory
Digital Brands Group, Inc. (DBG), which has a portfolio of luxury lifestyle brands such as Bailey 44, DSTLD and Sundry, plans to open its first retail store in Dallas. Located…
News February 27
How Boisson Benefits From — and Fuels — Non-Alcoholic Beverage Category Growth
The non-alcoholic beverage (NA) market is projected to reach $176.7 billion in 2024. With a compound annual growth rate of about 25%, this category is poised to reach $426.2 billion…
Features February 27
Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks
In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use…
Executive Viewpoints February 27
FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger
The Federal Trade Commission (FTC) has formally challenged the proposed $24.6 billion Kroger acquisition of Albertsons, calling the deal — the largest supermarket merger in U.S. history — anticompetitive and…
News February 26
Dillard’s Debuts Coterie Shop Spotlighting Four Fashion Entrepreneurs
In 24 stores and online, Dillard’s has introduced The Coterie Shop to spotlight luxury special occasion and casual dressing pieces from four entrepreneurial fashion brands: Abbey Glass, Buru, Crosby by…
News February 26
Walmart Updates Employee Education Initiative to Fill 100K ‘Critical Jobs’
Walmart is revising its Live Better U (LBU) education benefit to help associates hone their skills for key roles within the company. Launched in 2018, the program was designed to…
News February 26
