Michaels Sets Temporary Leadership Team As CEO Search ContinuesA trio of executives will oversee day-to-day operations as the retailer seeks a replacement for the recently departed Ashley Buchanan Five Below Holiday Comparable Store Sales SoftDespite the drop in same-store sales, officials with the retailer see positive signs that shoppers are responding to its increased focus on product, value, and store experience There Should Be No Surprise When Retailers Shut Stores With several chains shrinking in size as they closed out 2024, there is likely more to come in 2025. Costco December Sales Show Robust Growth The warehouse club reported comparable store sales gains across all geographic divisions. Walgreens Boots Q1 Results A Mixed Bag Overall sales grew, driven by the U.S. Retail Pharmacy segment, but net loss was up, and the retail division showed weakness Macy's To Close Underperforming Stores The department store will shut 66 locations as part of an effort to focus on its Bold New Chapter strategy. JCPenney, SPARC Group Merge To Form Catalyst Brands The new company includes the department store and other brands such as Brooks Brothers and Aéropostale under a single corporate umbrella Albertsons Sees Modest Sales Growth In Q3 Gains in identical sales and digital sales during the quarter were cited as key drivers Big Lots Closes Deal With Gordon Brothers The deal allows Variety Wholesalers to acquire between 200 and 400 Big Lots stores, along with two distribution centers. Consumer Confidence Dips In December The Conference Board's monthly gauge of shopper sentiment was off in 2024's final month. First Previous 6 7 8 9 10 Next Last
