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Friday, August 23

Retail

TJX Takes Minority Stake in Brands for Less; Ups Full-year Guidance

TJX invests $360 million in Dubai-based off-pricer Brands for Less, boosts full-year profit guidance following second-quarter results.

Retail

How The Container Store Could Put the Lid on Losses

CEO Satish Malhotra discusses custom organizing systems, innovation, educating the consumer — and clutter.

Retail

How Stitch Fix Is Mending Itself With Deepening Efforts at Transformation

CEO Matt Baer talks exclusively with WWD on very visible changes in the AI and algorithm-driven e-commerce site aimed at delivering more engaging onboarding and shopping experiences and elevating the …

Retail

Saks Apologizes for Delinquent Vendor Payments; Neiman's Deal Could Close by End of Fiscal Year

Officials say the Neiman Marcus deal, new financing, expected fall upticks in business and future real estate sales will all help fulfill vendor obligations and normalize payment flow.

Retail

Foot Locker Partners With Nike and Jordan Brand to Spotlight Basketball in Reimagined Store Concept

Foot Locker's "Home Court" concept highlights basketball's connection to sneaker culture.

Retail

Women in Retail Leadership Circle Celebrates a Decade of Empowering Female Executives

The organization's latest impact report features case studies and significant achievements.

Retail

Gap CEO Mark Breitbard on How the Brand Is Continuing to Reinvigorate With Latest Campaign

Breitbard spoke to WWD about Gap's latest denim campaign with global pop star Sivan.

Retail

Macy's Inc. Shares Fall Sharply as Retailer Cuts Outlook

The operator of Macy's, Bloomingdale's and Bluemercury reduced its sales forecast for the year but said it surpassed its second-quarter earnings expectation.

Retail

Sources: Saks-Neiman's Deal Appears Good to Go

The period of review by the government examining the deal expired Monday at midnight.