by Mike Duff | Jan 23, 2025 | Retail Articles
Coresight Research has issued its predictions for 2025 store openings and closures by sector in the United States, with store closures up to about 15,000 and store openings steady at 5,800. Closures announced late in 2024 and early in 2025 by Party City, Big Lots,...
by Mike Duff | Jan 15, 2025 | Retail Articles
The Michaels Cos. board of directors has established an interim office of the chief executive officer to provide leadership continuity following the previously announced departure of former CEO Ashley Buchanan, who just took up leadership of Kohl’s. The office of CEO...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Nov 26, 2024 | Featured News, Retail Articles
As it initiates a CEO transition, Kohl’s admitted a deemphasis on core, opening-price point, own-brand apparel in third quarter led to softer traffic that ultimately dampened sales across the store, including the home assortment. Home is among the categories Kohl’s...
by Mike Duff | Nov 8, 2024 | Retail Articles
Kohl’s has kicked off a Black Friday savings events featuring deep discounts on hundreds of holiday gift, decor and apparel items for the whole family including deals on floorcare, coffee makers and other kitchen electrics, kitchenware, including from Kohl’s exclusive...