The location in Wilmette, Illinois, will span 150,000 square feet — about 10 times the size of its other stores — and feature an onsite restaurant.
The combined company would have a global portfolio of about 25 brands and North American revenue of about $5.9 billion.
The company faces lawsuits from customers and vendors, including one from American Express alleging potential fraud.
The wearable tech company has been adding to its distribution channels recently, inking deals with Best Buy and Amazon recently.
The retailer increased its borrowing capacity by up to $200 million, and immediately drew down $50 million under the new loan.
The commission says the deal would prevent competition and give Tapestry a dominant share of the “accessible luxury” handbag market.
Sportsman’s Warehouse has been rationalizing SKUs and refining product assortments as part of its inventory management strategy, according to a Q4 earnings call. In its fishing category, the retailer ...
All of the company’s UpWest stores will shutter as the retailer pursues a sale to WHP Global, Simon Property Group and Brookfield Properties.
The nonalcoholic brand says its products, which don’t directly mimic the taste of alcohol, cater to consumers looking for alternatives in social situations.
Inclusive DTC apparel brand Universal Standard has launched a size exchange program that allows customers to swap one of their styles for a new size if the original no longer fits, free of charge.
The “Scrubs That Don’t Suck” campaign launched April 1 and ends on Earth Day as the brand hit its participation goal.
The Nordstrom brothers, who are the retailer’s top executives, notified the board of their interest, and a special committee has been formed.