The bankruptcy of Big Lots is helping Ollie’s Bargain Outlet’s new store pipeline as the discount retailer’s bottom line benefits from an increased number of locations. Ollie’s OLLI has ...
At the end of the third quarter, Macy's had 435 locations. It also operated small format, furniture and backstage locations, bringing the total to 512 stores. In addition, the company operates 59 ...
Macy’s Chief Financial Officer Adrian Mitchell said the company will only close under-performing locations. “These are places where the economics are not as favorable. These are places where ...
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but has struggled to keep up ...
CENTER CITY - Holiday music played on a loop as shoppers walked past store windows decorated for the season at Macy’s on Market Street in Center City. Not far away, in a legal conference room ...
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Shoe Zone said it has shut several stores due to rising wage costs following the recent Budget measures, and has issued another profit warning. The retailer, which employs around 2,250 staff ...