The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than a month after it got several non-binding offers, according to a company press release Monday (May 23). Get the Full...
Recessions are peculiar beasts. They’re both natural and normal, yet dreaded and inevitable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The deal to sell department store Kohl’s might have hit some hurdles due to financing troubles, Seeking Alpha reported Saturday (May 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Today in retail, North Face relies on customer loyalty and enhanced streetwear sales to boost its bottom line and Foot Locker grows its profile, while digital and experiential shopping is changing the way retailers do business. Plus, Ross Stores hasn’t benefitted from shoppers’ bargain hunting...
At a time when global apparel retailers are getting slammed by COVID-linked challenges from China, the cross-category appeal of outdoor gear-maker North Face has managed to traverse that chasm en route to its best year ever. Get the Full Story Complete the form to unlock...
Foot Locker’s stock price was up more than 5% in early trading Friday (May 20) after the company reported its fiscal 2022 first-quarter earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The inflation-fueled quest by shoppers to maximize every dollar clearly hasn’t helped discount fashion retailer Ross Stores, which saw its stock dip almost 25% early Friday (May 20) following a first-quarter earnings report that was filled with unmet goals and revised future expectations. Get the...
With the official kick-off of summer just a week away and our instinctive perennial urge to get outside, go places, have fun and relax poised to kick in, this year’s hot season looks set to be different than what we’ve come to expect in recent...
For a minute there in 2020 and 2021, it seemed like most retail stores might be turned into indoor playgrounds or just abandoned because in-store shopping was over — except it isn’t. Stores have come to embody the “whatever doesn’t kill you makes you stronger”...
