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Today In Retail: Walgreens Pharmacy USA Registers $27.2 Billion In Sales; Bed Bath & Beyond Almost Doubles Digital Sales

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The firm reported that comparable digital sales for Q3 jumped 77 percent throughout all of its brands, with the inclusion of 94 percent expansion at its flagship Bed Bath & Beyond brand. Digitally Native Mattress Firm Resident Raises $130 Million. Why Designer-Handbag Reseller Marque Luxury Is Opening Brick-And-Mortar Showrooms.

Retail 172
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Neiman Marcus Emerges From Chapter 11

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“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

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Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

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Neiman Marcus Obtains Access To $250M With DIP Financing

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Neiman Marcus Group Chairman and Chief Executive Officer Geoffroy van Raemdonck said in the statement, “With the approval from the court to fully access the significant DIP (debtor in possession) financing we have secured from our creditors, we are well-positioned to continue to serve our customers and global luxury brand partners.”.

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Goop Inc Taps Into Booming Wellness Market

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Goop has also notched over $82 million from outside investors and venture capital funds and reportedly has a value of more than $250 million. At the same time, major brands have backed integrations taking place during conferences. It was to have exclusive brands like Sidney Garber, which has bracelets that sell for $8,600 and up.

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BuzzFeed To Launch Unique Toy Store In NYC This Fall

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BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District. Freeman, senior managing director at GlassRatner Advisory & Capital Group, recently said.

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Barneys’ Flagship Madison Avenue Store To Stay Open For Now

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As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Its warehouse stores are located in Central Valley, New York and Livermore, California.