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The cuts come after CEO Elliott Hill unveiled a strategy a few months ago to realign the company’s teams around key sports.
The bankrupt mall chain had moved to shutter 700 locations and was mulling the liquidation of its entire 1,500-store fleet in North America.
In most retail environments, mobile app users represent the most engaged, highest-spending segment, but they don’t get there by accident. Getting a customer to download and adopt your app is a major ...
The Southern department store’s investment in a Texas shopping center is a savvy business move that could spur the evolution of an aging retail model.
Mike Motz has been named the CEO of Walgreens. He was formerly the chief executive of Staples U.S. Retail, a Sycamore portfolio company.
Despite industry headwinds, Ulta Beauty’s second quarter net sales increased 9.3% to $2.8 billion, according to a company release Thursday. The growth was due in par ...
With renewed cultural relevance at Gap and Q2 strength at its biggest brands, the retailer “should remain in growth territory” this year, according to GlobalData.
The retailer is linking with the NFL star and freshly minted fiancé to Taylor Swift on a Tru Kolors capsule collection after ...
The retailer raised its full-year guidance ahead of its planned merger with Foot Locker, which reported a 2.4% sales decline in the quarter.
Gross margin expanded by 20 basis points to 35.6%, Chief Financial Officer Scott Sekella told analysts Thursday. Net income fell 44% to $18 million.
From pulling forward inventory to enacting cost increases, here are ways retailers are taking a hit from levies going into the second half of the year.
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