by Mike Duff | Mar 8, 2023 | Retail Articles
Ross Stores beat Wall Street fourth-quarter estimates as consumers responded to the off-price retailer’s updated assortments and values, the company reported. Ross Stores posted a net income of $447 million, or $1.31, per diluted share for the quarter versus...
by Mike Duff | Feb 15, 2023 | Retail Articles
The Neiman Marcus Group has announced strategic changes to its operating model, including executive moves and as much as a 5% workforce reduction, designed to accelerate the company’s pursuit of its strategic goal to “Revolutionize Luxury...
by Mike Duff | Jan 17, 2023 | Retail Articles
Luxury department stores Neiman Marcus and Nordstrom have changes underway in their executive suites. Nordstrom has announced that chief merchandising officer Teri Bariquit is retiring. She will remain in her role until the company identifies her successor to ensure a...
by Mike Duff | Dec 22, 2022 | Retail Articles
Super Saturday, this year falling on December 17, was a great time for a small subset of mostly value retailers, according to Placer.ai. The traffic tracker stated that most segments and individual retailers saw visits drop year-over-year and compared to Super...
by Mike Duff | Nov 1, 2022 | Retail Articles
With the opening of 28 namesake and 12 dd’s Discounts locations across 21 of the United States in September and October, Ross Stores has completed its growth plans for fiscal 2022. The company added 99 new stores in the course of the year. Together, Ross Dress...
