Monday, August 30, 2021

Build-A-Bear comeback continues with its highest Q2 profit ever

CSA
Build-A-Bear Workshop’s maintained its momentum in the second quarter, leading to the company’s strongest first six months performance in its nearly 25-year history. . . . more

First Look: Check out Bloomingdale’s new small-store concept

CSA
Bloomingdale’s has opened its first-ever location under the “Bloomies” banner. . . . more

Friday, August 27, 2021

Gap continues size inclusion push with virtual fit tech acquisition

CSA
Gap Inc. is purchasing Drapr, a startup that enables customers to create 3D avatars and virtually try on clothing. . . . more

Friday, August 20, 2021

Toys R Us is coming to more than 400 Macy’s stores next year

CNBC
Macy’s is joining forces with the owner of Toys R Us to bring an assortment of toys, games and other gadgets for kids to more than 400 of the department store chain’s locations and online. . . . more

Wednesday, August 18, 2021

Malls are rebounding but Q2 shows how cloudy their future is

Retail Dive
It's all part of the plan. That's the assurance that executives at major retail REITs gave in recent weeks about the higher levels of uncertainty to be found in their leasing agreements and tenant mixes these days. . . . more

Casino to replace Macy’s at mall in State College, Pa.

CSA
Just last year, mall owner CBL made a Live! Casino the new anchor of Westmoreland Mall outside Pittsburgh. . . . more

Tuesday, August 17, 2021

Dillard's swings to profit in Q2 as women buy clothing and shoes

Retail Dive
Department store Dillard's on Thursday demonstrated its strength in a troubled segment with its second quarter report. . . . more

Demolition of Greendale Mall in Worcester underway; Amazon warehouse in store

Telegram & Gazette
Construction equipment clawed away at the exterior walls of the Greendale Mall Monday morning, the latest step in the transformation of the site from a shopping hub to a package distribution center. . . . more

Monday, August 16, 2021

Abercrombie & Fitch to bring apparel to Zappos

Retail Dive
In a bid to expand its reach, Abercrombie & Fitch has partnered with Zappos to distribute its apparel through the platform starting Aug. 16, the two companies announced on Thursday. That includes Abercrombie & Fitch's denim offerings and "essential tops." . . . more

Thursday, August 12, 2021

The demise of the department store? Not so fast

Retail Dive
It's no secret that department stores in the U.S. are in a steady decline, with stores closing left, right and center. The critics have been vocal about the viability of this format longer term. . . . more

Tuesday, August 10, 2021

Coworking space with child care, gyms and even dog care is floated as a possible new use of former Lord & Taylor store at Westfarms

Hartford Courant
Where department store customers once bought clothing and housewares at the Westfarms shopping mall, office workers could one day arrive at their desks and also take advantage of amenities such as gyms and massages. . . . more

Monday, August 9, 2021

Victoria's Secret, Bath & Body Works officially part ways

Retail Dive
The last vestiges of Les Wexner's "Limited" conglomerate were swept away on Tuesday as L Brands officially switched its name to Bath & Body Works and began trading on the stock market under the symbol BBWI, apart from Victoria's Secret. . . . more

Macy's wipes away $1.3B in debt

Retail Dive
In another sign of financial recovery after the pandemic took a toll on its operations, Macy's is wiping away a good portion of its debt. The retailer Tuesday said that on Aug. 17 it will redeem the entire $1.3 billion principal of its 8.375% senior secured notes that were due in 2025. . . . more