Retail Articles

Although it still holds out hope for rescue, Hudson’s Bay Co. stated it would liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location.

A survey by the National Retail Federation and Prosper Insights & Analytics revealed consumer spending on Mother’s Day should reach $34.1 billion this year, up from $33.5 billion in 2024 and short of the $35.7 billion record set in 2023.

Beyond, Inc. beat Wall Street on earnings for its first quarter ended March 31, but revenue fell short of expectations as the company reset operations in an effort to return to growth.