$6.25B deal sale is to founding family, Mexican retailer
Mexican retailer, founding family to buy luxury chain
The windows and in-store campaign will be running through Jan. 5, 2025
NY flagship teams with Courrèges; 40 stores offer Petal & Pup merch
Would join forces with Mexican retailer to buy all chain’s shares
Added apparel offerings the focus of both efforts
Sprouts, Bloomie’s and BJs Wholesale Club locales illustrate the trend
Discount unit plans 18 added locales, but no new department stores on tap
Third-generation leader helped steer luxury retailer beyond its hometown
Move advocated by retailer’s CEO, President
The apparel department store expects sluggish figures for 2024
The pop-up is a product of the retailer’s partnership with Bode
Two other execs also assume new roles, including Rack’s first-ever President
Exec says dynamics of the market have changed dramatically
Installations taking place in Seattle, Los Angeles and New York
Retailer sees no "realistic path to profitability," will close 13 stores
Ryan Cohen may seek to remove ex-Bed Bath & Beyond exec as a director
Retailer plans no new department stores for year
Anne Bramman will remain in her role through the reporting of the retailer's 3Q results
The Mexico City-based department store purchased $293.8 million worth of Nordstrom stock