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. Gross margin ...
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 featuring singer ...
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 ...
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 more than 200 stores in 21 ...
The Aaron’s Company goes private in $504M deal | Retail Dive
Oct 7, 2024 · An Aaron's delivery truck. The company operated over 1,200 stores in 47 states and Canada as of this month. The image by Dwight Burdette is licensed under CC BY 3.0
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 to its word: In 2023 ...
The story of Toys R Us' bankruptcy is still unfolding, and it still ...
Jan 20, 2022 · None of these events should have happened, in the view of former creditors who have been pursuing litigation against former Toys R Us leaders, including Brandon and the company's then chief ...
Joann to exit bankruptcy ‘in the coming days’ as reorganization …
Apr 26, 2024 · Joann to exit bankruptcy ‘in the coming days’ as reorganization plan gets court OK The craft retailer expects to cut $505 million in debt and emerge from bankruptcy as a privately held company.
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 inspiration and shopping.
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 licensed under CC BY 2.0