High-end goods reseller Marque Luxury is bucking the trend of moving away from brick-and-mortar sites, augmenting its online platform for used designer handbags, accessories and jewelry by adding showrooms in New York and other major U.S. cities. Get the Full Story Complete the form to...
Walgreens Boots Alliance, Inc. reported on Thursday (Jan. 7) as part of its Q1 fiscal 2021 results that its Retail Pharmacy USA division had $27.2 billion in sales, marking a 3.9 percent rise from the year-ago quarter, including the effect of “store optimization programs” unveiled in...
In the closing weeks of 2020, we learned that the distribution of COVID-19 vaccines will involve a mass retail mobilization. As gifting holidays shifted into high gear after Thanksgiving, The Wall Street Journal reported that “the U.S. Department of Health and Human Services has signed...
If the massive and diverse U.S. auto industry was a car, you could say its ride on “route 2020” was a bumpy one, with lots of blind spots and detours that led to a fairly comfortable downhill finish, which then ran smack into a crazy...
In today’s top retail news, Mall of America modified the terms of its $1.4 billion mortgage, while Macy’s intends to close 45 retail locations. Plus, Hive Brands seeks to become the Whole Foods of sustainable items. Get the Full Story Complete the form to unlock...
Women’s apparel and accessories retailer Charming Charlie hopes to have a big comeback in 2021 some 18 months after the firm fell into bankruptcy and closed all 261 of its stores. The chain — known for scarves, handbags, jewelry and more grouped by color —...
JCPenney is starting the new year with a post-Chapter 11 restart, new owners, new financing and soon will have a new CEO. But the old problems that have faced Penney and other mall-based department stores remain, and it’s not clear how (or if) the company...
New eco-friendly commerce platform Hive Brands hopes it can be sort of the Whole Foods of sustainable goods, as well as function as the equivalent of the Good Housekeeping seal of approval for ethically made products. Get the Full Story Complete the form to unlock...
As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store retailer intends to close 125 stores by 2023, as unveiled in the past, CNBC reported. Get the Full Story Complete...
