Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
Nordstrom has plans to open more of its offprice operations across the United States in the year ahead, even as it drives the e-commerce element of the bargain business. In the second half of 2023, the company announced it would open new Nordstrom Rack locations...
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
Nordstrom has announced executive leadership appointments in its merchandising and store organizations, effective immediately. The company named Jamie Nordstrom chief merchandising officer. He previously served as its chief stores officer. Nordstrom replaces Teri...
Burlington Stores didn’t disappoint in the second quarter, beating a Wall Street earnings expectation and equaling a revenue prediction as it prepared to add new stores and to relocate stores into former Bed Bath & Beyond locations it secured in a bankruptcy...
