by Mike Duff | Aug 30, 2023 | Retail Articles
Shein has struck a deal with Sparc Group Holding, a collaboration between JCPenney owner Simon Property and the Authentic Brands Group, in which it will acquire a one-third interest in Sparc, which itself takes a minority interest in Shein. Sparc includes a number of...
by Mike Duff | Aug 2, 2022 | Retail Articles
In the second quarter, mall and brand operator Simon beat Wall Street estimates even as its JCPenney business acted as a slight drag, but only after a stronger past performance. Company net income was $496.7 million, or $1.51 per diluted share, Simon stated, versus...
by Mike Duff | Jun 13, 2022 | Retail Articles
The first Wayfair banner brick-and-mortar retail store will open near Chicago in Wilmette, Ill., the municipality announced. Wayfair stated that it would have no comment on the store plan and directed HomePage News to the Village of Wilmette website and announcement....
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...
