If Kohl’s, with 1,100 stores and roughly $20 billion in revenue, is worth $9 billion, how much would storied department store chain JCPenney, with 650 locations doing $9 billion in sales, be worth? Get the Full Story Complete the form to unlock this article and...
Macy’s is continuing its transition to becoming a multi-brand omnichannel leader rather than a department store with the announcement Thursday (March 31) of a scheduled opening of a new fulfillment center in China Grove, North Carolina, in 2024. Get the Full Story Complete the form...
Sytner Group, the U.K. subsidiary of international transportation services company Penske Automotive Group, has acquired three BMW MINI dealerships and a collision center in the U.K., according to a Friday (April 1) press release. Get the Full Story Complete the form to unlock this article...
Today in retail, Tempur Sealy expects to report 15% year-over-year growth for fiscal 2022’s first quarter, while FTD uses data to grow lifelong customers of the ever-evolving brand. Plus, Faire serves as a cross-border, B2B marketplace across Europe and the increased demand for COVID-19 tests...
Just two weeks after flagging a huge opportunity in advertising during its fourth-quarter earnings report, Walmart has rolled out a three-pronged strategy to link its massive customer base with an eager roster of brands looking for new ways and places to connect. Get the Full...
Tempur Sealy International said it expects to report 2022 first-quarter consolidated net sales growth of about 15% year over year when it gives its quarterly update during its earnings call with investors and analysts next month, according to a Thursday (March 31) press release. Get...
Kohl’s is calling on its investors to reject a bid by activist investor Macellum Advisors to add new members to the department store chain’s board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Over the course of its 100+ year history, you could say floral ordering service FTD has adapted to a bouquet of business, consumer and cultural changes that began with its original embrace of the telegraph and run all the way through to its initial public...
H&M stock tumbled 12% Thursday (March 31) after the clothing retailer’s sales slowed down in March as Russia’s invasion of Ukraine had consumers rethinking whether they needed to update their wardrobes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
