News

Abercrombie & Fitch sales hit record despite headwinds; to open 50 stores

The war in the Middle East weighed on Abercrombie & Fitch Co.’s first-quarter results, but its earnings still topped analyst expectations and its sales hit a new quarterly record.
Bath & Body Works CFO to exit; Q1 tops estimates, rolling out store updates in July

Bath & Body Works’ reported better-than-expected earnings and revenue for its first quarter as it continues to work to transform its brand with more changes in the works.
Walmart names three logistics providers to support prepaid consolidation

Walmart has approved three third-party partners to help it simplify inbound supplier logistics.
Raleigh's Capital Marketplace sells for $80 million

A super-regional Sunbelt shopping center has changed hands.
Charlotte mixed-use community unveils plans for food and retail hall

Savona Food works will occupy 30,000 square feet.
Here’s how SNAP restrictions are changing consumer spending

Cutbacks and waivers in the Supplemental Nutrition Assistance Benefits (SNAP)/Electronic Benefits Transfer (EBT) program are impacting shopper behavior.
Gordon Brothers acquires Radley London brand, IP

Gordon Brothers has added a British accessories brand to its portfolio.
Kate Spade debuts Amazon Alexa conversational AI tool

Kate Spade New York is leveraging a new solution that puts Amazon Alexa conversational shopping capabilities in the hands of other retailers.