Ikea continues to open small-format stores, with the latest debuting in Katy, TX. The new Ikea “Plan and Order Point with Pickup” location is the second in the Houston market. The company stated the additional location would help it meet the needs of...
Macy’s surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
As part of building out its omnichannel infrastructure, Target is fitting into more communities with multiple formats that make shopping and functions such as in-store pickup more convenient. The company has opened 23 new locations that will potentially serve two...
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...