Late-season shopping was a boon for discount and dollar stores in the 2023 holiday season. In-store shopping for discounts and dollar stores peaked on Super Saturday, with Christmas Eve traffic coming in strong as well, according to traffic tracker Placer.ai. Store...
Bloomie’s is getting ready to make its mark on the United States West Coast. Bloomingdale’s has announced that it is opening a Seattle Bloomie’s store later this year in the Ravenna neighborhood north of downtown. The smaller concept format extends the...
Despite pressure on household finances, consumer shopping activity contributed to double-digit growth across nearly all retail sectors in May, according to Mastercard SpendingPulse, which measures in-store and online retail revenues across all forms of payment,...
After he held the office for a little less than a year, Belk announced that CEO Nir Patel has left the company to pursue other interests and that president Don Hendricks has been appointed interim CEO. As president and COO, Hendricks has been instrumental in leading...
In the first quarter, Dillard’s clobbered a Wall Street earnings estimate as comparable sales jumped over 20%. Net income for the quarter was $251.1 million, or $13.68 per diluted share, the company reported, versus $158.2 million, or $7.25 per diluted share, in the...
