Target just announced a five-year plan hinging on restoring its Tarzhay image. However, it’s recently faced a reputational decline that is hindering performance.

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Target just announced a five-year plan hinging on restoring its Tarzhay image. However, it’s recently faced a reputational decline that is hindering performance.
Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of $105 million. It’s a win/win for both companies.
Saks Global’s challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.
Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far outpace openings.
Christian Lacroix, Kapital, Laura Ashley, Stella McCartney, True Religion, Urban Skin RX, Vera Wang, and Vince have new owners. JCPenney has merged with SPARC Group.