February 12, 2020
Macy’s announced a three-year “Polaris Strategy,” focused on stabilizing profitability and positioning itself for future growth. As part of the plan, the Company will close 125 department stores ... Read more
February 5, 2020
Yesterday, Macys announced a three year "Polaris strategy", focused on stabilizing profitability and positioning itself for future growth. As part of the plan, the Company will close 125 department stores over the next ... Read more
January 29, 2020
On Monday, Luckys Market Parent Company, LLC, DIP filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The proceedings have been designated as case number 20-10166.
Th ... Read more
January 22, 2020
Bose announced plans to close all of its 119 retail locations in North America, Europe, Japan and Australia over the coming months (click here to request a list). Approximately 130 stores in China and the United Arab Emirat ... Read more
January 15, 2020
Macy’s reported holiday comps fell 0.7% on an owned basis and 0.6% on an owned plus licensed basis. Sales trends improved from the third quarter, when comps declined 3.5%. Comps increased 1.1% during th ... Read more
January 8, 2020
Bed Bath & Beyond is actively pruning its real estate holdings to generate cash and completed a $250.0 million sale-leaseback transaction with an affiliate of Oak Street Real Estate Capital. This transaction includes 2.1 million square feet of commercial spac ... Read more
December 26, 2019
AggData wishes you a happy holiday season and prosperous New Year. The next edition of this newsletter will be issued on Wednesday, January 8th.
A published report in The New York Times last week discussed “a venture-backed ‘fam ... Read more
December 18, 2019
Topgolf is on track to expand into dozens of locations in both Central Europe and Asia, and it announced plans to expand into smaller U.S. markets. CEO Dolf Berle said that Topgolf currently has “tremendous white space” in each of its ... Read more
December 11, 2019
At a recent investor conference, Dick’s Sporting Goods’ management commented that it plans to open 10 to 20 stores and close five to 10 stores annually (click here to request the latest list). Management also confirmed that i ... Read more
December 5, 2019
2019 Holiday Preview Report
AggData has released the 2019 Holiday Preview to its Premium Subscribers. This detailed report outlines:
Expectations for the holiday shopping season based on changes in consumer preferences
Black Friday Weekend - A gift for digital
... Read more
