James Avery, a Texas-based family-owned jewelry retailer, mails a catalog that evokes seasonal themes.
Amid wider retail industry struggles, including store closings and layoffs, Ross Stores is pushing forward with an aggressive store expansion strategy. The off-price retailer recently opened 23 Ross Dress for Less stores and five dd's Discounts stores across 15 states in February and March. The new locations are part of Ross Stores’ plans to add…
The Finish Line wound up selling JackRabbit, its unprofitable specialty running business, for a purchase price of “zero,” according to a regulatory filing. The business, which includes 65 stores operating under a number of banners, was sold to CriticalPoint Capital, LLC, the Los Angeles-based private investment firm. The deal was first announced on Jan. 27, and…
Gordmans Stores Inc., a Midwestern department store chain founded more than a century ago, is preparing to file for bankruptcy, according to people familiar with the matter. The filing could come as soon as this month, said the people, who asked not to be identified because the process isn’t public. Shares of the Omaha, Nebraska-based…
The Home Depot announced today that it would add more than 80,000 temporary positions in stores and distribution centers around the nation for its spring selling season. This is roughly the same number of seasonal hires the company made last year. Jobs are available in customer service and sales, lot associates, freight and receiving, store…
Abercrombie & Fitch said this week that it would close 60 more U.S. stores this fiscal year as it searches for ways to increase productivity amid ongoing sales declines, including in the holiday quarter. The closures follow the shuttering of 53 U.S. shops last year. In addition, half of the company's 700-plus U.S. leases are…
Just one day after Wal-Mart announced its plans to cut grocery prices, Target said it will spend $2 billion this year and a total of $7 billion over three years to get more people into its stores. The plans include initiatives such as remodeling stores, launching more private label brands, price reductions and opening more small…
Supposedly, the great American shopping mall is dead, but as this direct mail brochure proves, there are exceptions.
