by Mike Duff | Jun 10, 2025 | Retail Articles
Nordstrom and Macy’s announced they will expand the scope of their off-price operations as they work to attract a new crop of customers, often younger and more value-driven than the retailers’ core department store shoppers. Expansion of Nordstrom Rack and...
by Mike Duff | Mar 6, 2025 | Retail Articles
The fourth quarter generated better-than-expected results for Burlington Stores. Net income was $260.8 million, or $4.02 per diluted share, versus $227.5 million, or $3.53 per diluted share, in the year-before period, the company noted. Adjusted for one-time events,...
by Mike Duff | Mar 6, 2025 | Retail Articles
Ross Stores comparable sales gained in its fourth quarter, but earnings came up short year over year while still beating a Wall Street estimate. Ross earnings per share were $1.79 versus $1.82 per share for the year-prior quarter with net earnings at $586.8 million...
by Mike Duff | Jan 27, 2025 | Retail Articles
The Coresight Research Holiday Wrap Up noted store traffic during the holiday season was often up at major retail chains and shopping centers with deals driving most purchase decisions. The increase in store traffic occurred generally in the discount store and...
by Mike Duff | Sep 11, 2024 | Retail Articles
Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
