Retail Stores

Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The news, first reported by The Wall Street Journal, also said the company is  closing five of its…

In this webinar attendees will hear real-world insights from retail executives on how their businesses are approaching 2023.

The Home Depot is making technology investments to enhance an interconnected shopping journey for its customers. While at the National Retail Federation Big Show in New York City last week, Editor-in-Chief Joe Keenan spoke with Muzammil Akram, vice president of technology and store systems at The Home Depot, to learn more about the tools the home improvement retailer…

In episode 384 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Tom Nolan, CEO of Kendra Scott, a fashion-lifestyle jewelry brand with a focus on philanthropy and community. Nolan provides an overview of the Kendra Scott brand (0:45), his professional background that led to his current role (2:28), and how the jewelry brand differentiates itself…

Babies"R"Us, which went out of business in 2018, is attempting a comeback. The baby products retailer will open a new flagship store this summer at the American Dream megamall in New Jersey, reports CNBC. Owner WHP Global, a brand management firm, has been on a mission to bring the beloved Toys"R"Us and Babies R Us brands…

Americans spent more money over the 2022 holiday season than they did the year before despite higher rates of inflation, a new Mastercard SpendingPulse report shows. The report, published Dec. 26, measured U.S. retail sales — excluding automotive sales — between Nov. 1 and Dec. 24, 2022. It found sales increased 7.6 percent over the same period…

Over 189 million people, or over 73 percent of U.S. consumers, shopped this past Saturday (also known as Super Saturday), according to a survey conducted by ICSC. The data show 71 percent of shoppers spent money on holiday gifts, while 40 percent spent on dining and 22 percent spent on entertainment. The top reason consumers shopped on Super Saturday was…

Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation for the month, the Commerce Department reported Thursday. Retail sales for the month declined 0.6 percent, even worse than the Dow Jones estimate for a 0.3 percent drop. Measures that exclude autos and both autos and gas sales both…

Will retailers’ holidays be happy this year? Yes, but… On the plus side, more than half of U.S. shoppers surveyed by McKinsey (55 percent) feel excitement about the prospect of buying holiday gifts. Still, surging energy costs have the potential to drag down retailers’ bottom lines during the important holiday period — amplifying the impacts…

Claire's, known for its youth-inspired jewelry, accessories and ear-piercing services, announced Tuesday that it would open stores within several Macy's locations. The more-than-20 Claire's stores within Macy's will open starting this month, according to a press release by the two companies. Locations will include a few flagships, including Herald Square and Roosevelt Field in New…