Tag: Apparel Retail

Toys R Us’ last two stores in the U.S. are closed for good

New Toys"R"Us store opens at Garden State Plaza in Paramus, New Jersey.Source: Tru Kids BrandToys R Us has closed the only two stores it...

Belk’s top lenders, including KKR, looking to avoid taking department store through bankruptcy, WSJ says

Belk department storeJohn Greim | LightRocket | Getty ImagesKKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department...

Holiday sales rose stronger-than-expected 8.3% as consumers bought gifts to lighten mood during pandemic

People shop for holiday items at the Country Store on Main Street in Stockbridge, Massachusetts on December 13, 2020.Joseph Prezioso | AFP | Getty...

Lululemon shares rise as earnings, sales top estimates on strong demand for workout gear

Lululemon Athletica store exterior, Ponce City Market.John Greim | LightRocket | Getty ImagesLululemon on Thursday reported sales of $1.1 billion, up 22% from a...

Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook

Katrina Lake, founder and chief executive officer of Stitch Fix Inc.Patrick T. Fallon | Bloomberg | Getty ImagesStitch Fix shares soared Monday, after the...

Apparel retailer Francesca’s plans to shut another 97 stores after filing for bankruptcy

Signage for Francesca's Collections, a subsidiary of Francesca's Holdings Corp., is displayed outside of a store in Shrewsbury, New Jersey.Emile Warnsteker | Bloomberg |...

$2 million T-shirt collection goes on sale at Christie’s to promote Supreme auction

The most complete collection of Supreme T-shirts is being offered for sale at Christie's for about $2 million, highlighting the soaring value of the...

Pier 1 owner buys bankrupt Stein Mart for $6 million, to relaunch brand online next year

The company that has given Pier 1 Imports, Dressbarn and Modell's Sporting Goods a second chance at life online, is adding another embattled retailer...

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