Although it is exploring an alternative deal that might keep at least some of its stores in operation, Big Lots announced that it does not anticipate completing an asset purchase agreement with Nexus Capital Management and will commence going-out-of-business sales. If...
Consumer confidence made marginal gains in November, according to the Numerator Consumer Sentiment Tracker. Consumers remain careful with their money, according to the Numerator tracker. As a result, they are shopping for items on sale, at 42%; using coupons/discount...
With the end of the holiday shopping season approaching, the 2024 ICSC Super Saturday Survey indicated 233 million people, representing 89% of all adults in the United States, plan to shop in period leading up to Christmas. Some 71% of consumers plan to shop Super...
Dollar Tree’s Michael Creedon is moving into the new year without the interim tag on his new CEO role. Creedon (pictured above) joined Dollar Tree in 2022 as COO, and he has taken on increasing responsibility at the company during the past two years, the...
Restoration Hardware, continuing its expansion strategy, announced the opening of RH Montecito (CA): The Gallery at The Old Firehouse. The 9,000-square-foot California store in the enclave just north of Santa Barbara is what RH characterizes as a reimagination of an...
