Target joins crowd of big US retailers seeking store expansion
By Reuters Published Mar 8, 2024 Opening new stores is back in style – at some U.S. retail chains. Executives at several major retailers in recent weeks have touted the …
macy’s
Macy’s surges after investor group sweetens take-private bid to $6.6 bln
Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion. Reuters They raised …
Tapestry adds two new members to board
Tapestry Inc. announced on Thursday the appointment of Kevin Hourican and David Elkins to the fashion group’s board of directors, taking the total board count to eleven. See catwalkCoach – Fall-Winter2024 – …
Temu to open site to US third-party vendors
Translated by Nicola Mira Published Feb 28, 2024 Chinese generalist budget e-tailer Temu, as much criticised as it is dreaded in the USA, is reportedly about to open its site …
Iconic retailer Macy’s to close 150 stores, but expand Bloomingdale’s
The iconic but struggling US department store Macy’s announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale’s and Bluemercury brands. …
Macy’s to close 150 namesake stores, prioritize luxury brands
By Bloomberg Published Feb 27, 2024 Macy’s Inc. said it plans to close 150 unproductive locations as the department-store chain seeks to fight off a pair of activist firms seeking …
LensCrafters taps Sharon Stone for 2024 campaign
LensCrafters announced on Tuesday actress, producer, and artist Sharon Stone as the face of its latest campaign for the third consecutive year. LensCrafters taps Sharon Stone for 2024 campaign. – …
Macy’s faces proxy fight as Arkhouse pushes for board seats
By Reuters Published Feb 20, 2024 Macy’s said on Tuesday that investor Arkhouse Management has nominated nine individuals to its board, setting off a proxy battle just a month after …
Nautica names All-American gymnast Olivia Dunne as brand ambassador
Global lifestyle brand Nautica announced on Thursday All-American gymnast Olivia “Livvy” Dunne as its latest brand ambassador and the face of its spring campaign for women’s sportswear. Nautica names All-American …
Estée Lauder surges on plan to cut up to 5% of workforce
By Bloomberg Published Feb 5, 2024 Estée Lauder Cos. said it’s cutting as many as 3,000 positions as part of a restructuring plan to put one of the world’s largest …