Plan includes 30 new stores in ’26 and updating existing floorplans and displays.
High-profile brands in three different retail sectors release year-end results.
Move could open City Center skyscraper to uses other than office.
Two execs exit to make way for new chief merchandising officer, COO.
Related: New CEO outlines four strategic priorities.
Move comes as Ulta will soon remove its shop-in-shops at discount retailer’s stores.
The noteworthy new spaces are close together on Broadway.
Cuts include 1000 layoffs and leaving 800 vacant posts unfilled
Chain’s new outlets focus on stores-as-hubs model
Moderate uptick seen in space-absorption rate
COO Michael Fiddelke to take top role next year
Bargain-seeking shoppers starting season earlier, surveys find
Layout has more space for groceries, Apple and Starbucks shops, and backroom ops
Finding unique ways to pamper dad growing in popularity, NRF survey finds
Also reports sales miss due to tariffs, DEI exit and other factors
Many Americans want retailers to make donations to veterans, not offer sales to shoppers
CEOs from Walmart, Target and Home Depot meet with President
Session with civil rights leader to discuss retailer’s DEI rollback
Retailer hopes on-trend collection will energize sales
Outlines steps to net $15B in sales growth by 2030
