After closing the books on her most challenging year ever with better than expected earnings, Ulta Beauty CEO Mary Dillon told investors that she was also closing the books on her career leading the largest chain of beauty and cosmetics stores in the country. Get...
A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company, as well as the broader luxury segment. Get the Full Story Complete the form to unlock this article and enjoy...
Kirkland’s Inc., which runs more than 370 stores in 35 states, reported as part of its financial results that comparable sales climbed 1.8 percent, including eCommerce growth of 35.5 percent, for the fourth quarter of 2020, according to a Friday (March 12) announcement. Get the...
Mid-priced casual retail chain The Buckle, Inc. posted an 18 percent increase in same-store sales Friday (March 12), led by an 81.5 percent increase in its online business that accounted for about one-fifth of the total, according to an announcement. Get the Full Story Complete the...
As grocery worker advocates are demanding “hero pay” across the United States, some areas are heeding the call. Parts of California, most recently Santa Monica and San Francisco, but also Coachella and all of Los Angeles, have implemented ordinances requiring an additional $4-5 per hour...
The era of “tCommerce” is upon us, if Amazon is to be believed. Amazon Studios Chief Operating Officer Albert Cheng said that after a long period of development, it seems consumers are ready to try out tCommerce, which is the buying of goods directly from...
In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has unveiled its FLX private-label brand. Plus, the head of AMC Entertainment said he is “optimistic and confident” about his firm’s...
The head of the country’s largest movie theater chain, AMC Entertainment, said he is optimistic about the rapid rebound of the film industry and is confident that his beleaguered company will survive the worst storm in its 100-year history. Get the Full Story Complete the...
Surging online shopping during the pandemic saw Amazon’s share of retail sales spike higher last year and come within striking distance of overtaking Walmart, new data analysis from PYMNTS shows. The online giant’s 9.2 percent portion of overall retail spending now nearly matches the chain...
