J.C. Penney remains profitable, could open new stores
May 10, 2024 · Dive Brief: J.C. Penney’s Q4 net sales dropped 5.9% year over year to $2.3 billion, as net income in the quarter fell 8.9% to $41 million, according to filings with the Securities and Exchange ...
Retail News and Trends | Retail Dive
Retail Dive provides news and analysis for retail executives. We cover topics like retail tech, marketing, e-commerce, logistics, in-store operations, corporate retail news, and more.
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 44 stores ...
Ann Taylor, Loft, Talbots form new KnitWell Group | Retail Dive
Aug 30, 2023 · Ann Taylor, Loft and Talbots have come together under a new holding company dubbed KnitWell Group, according to a Wednesday press release from owner Sycamore Partners. KnitWell will be providing ...
Wish CEO exits after 7 months - Retail Dive
Nov 15, 2024 · Dive Insight: Talwar is out as Wish’s CEO after only seven months. The e-commerce company appointed him in the chief role on Feb 1, where he was tasked with spearheading Wish’s turnaround plan ...
What happened to Nordstrom Rack? - Retail Dive
Feb 28, 2022 · "It 's a high-wire act because the more appealing the Rack is, the more dangerous it is as a competitor to Nordstrom stores," Cohen said by phone. "The hypothesis wasn't just that they found a ...
Amazon adds PayPal payment option to Buy with Prime
Sep 19, 2024 · Dive Insight: With its new ad and payment features, Amazon continues to build upon its Buy with Prime capabilities. In January 2023, the company expanded its Buy with Prime service to all U.S ...
The rise of the Stanley tumbler: How a 110-year-old brand …
Nov 14, 2023 · The rise of the Stanley cup. Stanley’s Instagram page features its drinkware in a rainbow of colors — from soft pastels to vibrant hues. Some products are even adorned with etched patterns to ...
Dollar General plans 800 stores this year as rival Dollar Tree pulls ...
Mar 14, 2024 · Dive Brief: One month after opening its 20,000th store, Dollar General said during a Thursday earnings call that it plans to open 800 more new stores, remodel 1,500 locations and relocate 85 ...
Sears Holdings $175M settlement with Lampert has court approval
Nov 15, 2024 · A federal bankruptcy judge in New York has approved an agreement that would resolve years-long litigation between Sears Holdings and former CEO Eddie Lampert as well as other former executives and ...