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Recent Articles

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J.C. Penney to offer same-day delivery of home products at over 600 locations via DoorDash; company looks to expand customer base as pandemic hurts foot traffic at department stores, shopping malls

CFRA: Department stores seeing banner results due to massive government stimulus, pent-up demand, consumer desire to go out and spend; Kohl's and Macy's should fare better than others moving into 2022, but top or bottom-line growth not expected this year

Luxury skin-care brand Ambari Beauty to debut at Saks Fifth Avenue in early January, after launching on Bergdorf Goodman, Neiman Marcus' online channels in February 2021; brand plans new product launches, international retail distribution in 2022

Beauty device company Vanity Planet partners with Nordstrom, launches on Nordstrom.com, with entire Elevate Collection, including its range of LED sonic facial brushes, facial steamer; brand's Fria Skincare Fridge will also be in stores nationwide

Selfridges agrees to terms, will close on sale to Thailand’s Central Group after seeking £4B buyout, the Times reports; Central Group operates 3,700 shops globally, including supermarkets, electronics outlets, department stores in Europe

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