Hey Dude just posted another disappointing quarter, but parent company Crocs Inc. has a plan to build the brand back to growth. And opening more stores is a key part of that. In a Tuesday call with investors, Crocs brand president Anne Mehlman said that the company will open about 30 Hey Dude stores in […]
Macy’s Inc. announced a plan to close more of its namesake stores across the country as part of a new strategic plan to grow business. The department store retailer said on Tuesday it would close about 150 “underproductive locations” through 2026, with 50 of these closures set for 2024. The company also said it would […]
Boot Barn president and CEO Jim Conroy updated analysts on the progress of company’s strategic initiatives, which heavily involves opening new stores, on Thursday, following a less than stellar performance in the second quarter. In the second quarter of fiscal 2024, the Irvine, Calif.-based footwear company reported a 6.5 percent increase in net sales to $374.5 million in the […]
MILAN — Bally is unveiling a new store concept in New York. The Switzerland-based company has reopened its 3,200-square-foot flagship at 58 Gansevoort Street in Manhattan’s Meatpacking District. After an extensive refurbishment, this is the first Bally store to roll out the design concept displaying creative director Rhuigi Villaseñor’s new direction, starting from the new logo at […]
Just weeks after securing a new investment, FitFlop has unveiled plans to open its first U.S. store in New York this month. Slated to open on April 17, the new 802-sq.-ft. store located at 107 Mercer Street in SoHo marks the beginning of an expansion plan for the brand in the U.S. Designed in collaboration with Checkland […]
Store closures are expected to pick up again in 2023 and could total more than 50,000 in the next five years. That’s according to a recent report from UBS, which found that store closures in 2023 are already up significantly compared to the prior year. In the last few months, various retailers have announced plans […]