Department Stores News

Discover the latest in department stores with press releases highlighting industry news, trends, and innovations shaping retail and merchandising. Explore opportunities in retail innovation, store management, and consumer behavior trends.

Apr 28, 2025 at 4:01 PM

Beyond, Inc. Delivers Significant Financial Improvement Across Key Operational Guideposts – Signals Imminent Shift to Revenue Growth Phase

MURRAY, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, buybuy BABY, and a blockchain asset portfolio, today reported financial results for the first quarter ended March 31, 2025. Adrianne Lee, President and Chief Financial Officer of Beyond, commented, “While the previously disclosed decision to eliminate non-contributory SKUs and vendors led to lower revenue, we are steadfast in building a more stable foundation for profitability and growth. The seq...
Apr 28, 2025 at 9:15 AM

Big Lots! Expands Reach, 132 Stores Reopening in May 2025

HENDERSON, N.C.--(BUSINESS WIRE)--Big Lots! announced it will be reopening 132 stores in May 2025....
Apr 28, 2025 at 6:30 AM

Perfect Corp. Reports Unaudited Financial Results for the Three Months Ended March 31, 2025

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF) (“Perfect” or the “Company”), a leading artificial intelligence (“AI”) company offering AI and augmented reality (“AR”) powered solutions to beauty and fashion industries, today announced its unaudited financial results for the three months ended March 31, 2025. Highlights for the Three Months Ended March 31, 2025 Total revenue was $16.0 million for the three months ended March 31, 2025, compared to $14.3 million in the same period of 2024,...
Apr 25, 2025 at 4:15 PM

Wolverine Worldwide Announces First Quarter Fiscal 2025 Conference Call for May 8, 2025

ROCKFORD, Mich.--(BUSINESS WIRE)--Wolverine World Wide, Inc. (NYSE: WWW) today announced that it expects to report its first quarter fiscal 2025 financial results on Thursday, May 8, 2025, at approximately 6:30 a.m. ET. Following the press release, the Company will host a conference call at 7:30 a.m. ET to review results and discuss current business trends. Investors and analysts interested in joining the call are invited to dial 1-800-715-9871 (international callers, please dial 1-646-307-1963...
Apr 25, 2025 at 8:33 AM

Toshiba’s ELERA® Commerce Platform Honored as “Commerce Experience Management Platform of the Year” by RetailTech Breakthrough Awards

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Toshiba’s ELERA® Commerce Platform wins “Commerce Experience Management Platform of the Year” by RetailTech Breakthrough Awards...
Apr 25, 2025 at 8:00 AM

AIREM Elevates Patient Experience with Perfect Corp.’s AI-Powered Skincare Pro Technology

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), a global leader in augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech, is proud to empower AIREM in elevating customer experiences within aesthetic wellness. AIREM, the premier aesthetic brand founded by Dr. Eunice Park, is redefining patient care by integrating Perfect Corp.’s Skincare Pro, an AI-powered skin analysis technology that provides precise, quantifiable skin assessments to support personalized treatm...
Apr 24, 2025 at 5:25 PM

Walmart Releases 2025 Annual Report and Proxy Statement

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) issued its 2025 Annual Report and filed its Proxy Statement today in preparation for the company’s Annual Shareholders’ Meeting on Thursday, June 5, 2025. 2025 Annual Report Highlights In his annual letter to shareholders and associates, Walmart President and Chief Executive Officer, Doug McMillon, expressed his appreciation for Walmart associates who drove the year’s strong performance, and highlighted the company’s impressive growth...
Apr 24, 2025 at 4:30 PM

Perfect Corp. Named ‘AI Company of the Year’ at 2025 RetailTech Breakthrough Awards

NEW YORK--(BUSINESS WIRE)--Perfect Corp.(NYSE: PERF), a global leader in AI and AR beauty and fashion tech solutions, has been honored as the ‘AI Company of the Year’ at the prestigious 2025 RetailTech Breakthrough Awards. This accolade underscores the company's commitment to innovation in retail technology, particularly through its groundbreaking AI Skin Analysis solution. The RetailTech Breakthrough Awards honors excellence and innovation in retail technology, spotlighting companies and solut...
Apr 24, 2025 at 3:57 PM

Hudson's Bay Announces Liquidation of Remaining Stores

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, will liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. At this time, the Company believes that a viable bid for the current six-store model is unlikely, and therefore will begin liquidation sales in these stores beginning Friday, April 25th. The remaining locations will join the 73 other Hudson’s Bay, 13 Saks...
Apr 24, 2025 at 10:00 AM

Lumicera Partners with Costco Pharmacy to Deliver Cost-Plus Specialty Pharmacy, Extending Commitment to Drive Value through Better Pricing and Unmatched Patient Support

MADISON, Wis. & ISSAQUAH, Wash.--(BUSINESS WIRE)--Lumicera Health Services, a specialty pharmacy solutions company, today announced a partnership with Costco Wholesale Corporation (Costco) (Nasdaq: COST) to expand cost-plus specialty pharmacy in the marketplace and offer a broad spectrum of specialty medications with unmatched patient support, pricing transparency, and clinical expertise. Through this collaboration, commercial employer benefit plan sponsors and Pharmacy Benefit Managers (PBMs)...
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