by Mike Duff | Mar 16, 2022 | Home + Housewares, Retail Articles
Nordstrom Rack, looking to advance it’s Closer to You strategy, is adding three new merchandising and supply chain executives after its parent company closed out a strong fourth quarter. Parent Nordstrom named Nancy Mair, senior vice president, Rack...
by Chandler Harvey | Dec 21, 2021 | Featured News, Retail Articles
With continued consumer demand for value merchandise unabated and relative financial strength among major companies, few doubted that off-price retailers would make a rapid comeback from closures related to the COVID-19 pandemic. But that doesn’t mean they don’t face...
by Mike Duff | Dec 8, 2021 | Featured News, Retail Articles
Wayfair will go the brick-and-mortar route again with three stores featuring its specialty brands AllModern and Joss & Main, each located in its home state of Massachusetts and featuring furniture, home furnishings and housewares. AllModern will open its first...
by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles
Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
by Mike Duff | Aug 31, 2021 | Retail Articles
For the second quarter, Burlington Stores beat Wall Street estimates based on strength across merchandising categories and sales regions. Burlington posted a net income of $102.6 million, or $1.50 a diluted share, for the second quarter versus a loss of $46.8 million,...
