by Mike Duff | Feb 10, 2025 | Retail Articles
Aldi plans to open more than 225 new stores through 2025 in the next phase of its five-year U.S. growth strategy. The company also plans to sell 170 of Winn Dixie and Harverys Supermarket stores. Aldi acquired Winn-Dixie and Harveys Supermarket in 2023 in a deal with...
by Mike Duff | Feb 10, 2025 | Retail Articles
Macy’s promoted 37-year company veteran Barbie Cameron to chief stores officer, reporting to Adrian Mitchell, the retailer’s COO and CFO. Cameron most recently served as the senior vice president and regional director of stores, East Region. She had become the...
by Mike Duff | Feb 10, 2025 | Retail Articles
Hilco Real Estate announced that it is supervising placement of 121 net-lease JCPenney properties on the market. The placement is supervised by Hilco JCP, an affiliate of Hilco Real Estate and manager of Copper Property CTL Pass Through Trust, established in the...
by Mike Duff | Feb 10, 2025 | Retail Articles
Costco Wholesale Corp for its fiscal month of January posted net sales of $19.51 billion versus $17.87 billion in the month a year before. With the effects of changes in gasoline prices and foreign exchange excluded, Costco’s comparable stores sales advanced...
by Mike Duff | Feb 7, 2025 | Appliances, Bakeware, Candles, Cookware, Cutlery, Décor & More, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
Newell Brands President and CEO Chris Peterson said a company transformation strategy is gaining traction after Newell beat a fourth-quarter earnings estimate while falling just short of a revenue forecast. Net loss was $54 million, or 13 cents per diluted share,...
