Belk files for bankruptcy with eye on speedy exit as plan approved in one dayBelk filed for bankruptcy protection with a lender-supported reorganization plan that cut its debt load by about $450 million. Gap Inc. investing $140 million to build Texas DC amid rising online salesGap Inc. is investing in a new fulfillment center as it looks to double its digital sales during the next couple of years. David’s Bridal marries tech and tradition in omnichannel collection The nation’s largest bridal retailer is launching the “Little White Dress Boutique” across channels, with leading-edge virtual features. Schnucks deploys new tool against in-store coupon fraud A Midwestern grocery retailer is successfully detecting counterfeit coupons at the point-of-sale with a new, free solution. Gelson’s Markets to be acquired by Japanese retailer Gelson’s Markets, which will celebrate its 70th anniversary this July, is being sold to a Japanese company looking to expand its fledgling U.S. footprint. Lowe’s Q4 tops Street as sales jump 27%; cites broad demand across all departments Lowe’s Cos. reported fiscal fourth-quarter profit and sales that beat expectations as spending on home projects continues to surge amid the pandemic. Etsy commits to net zero emissions goal A handmade and vintage goods e-commerce retailer is stepping up its carbon reduction efforts. Fry’s Electronics goes out of business — abruptly Fry’s Electronics has called it quits after being in business for nearly 36 years. Study: Young consumers drive social shopping trend Roughly one-third of U.S. consumers use social media to discover products to buy, but that percentage rises for shoppers under 35. Store closures take $1 billion bite out of TJX sales in Q4 TJX Cos. reported fourth-quarter earnings and sales that missed expectations as its sales took a big hit from store closures around the world. First Previous 1729 1730 1731 1732 1733 Next Last
