The holiday sales period ended on a high note with unit sales of print books increasing 5.8% over the week ended December 24, 2022 at outlets that report to Circana BookScan.
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Vuori, the performance and lifestyle brand known for its coastal California-inspired style, today announced that it will surpass its goal to open 100 retail locations by 2026 with the opening of its latest store in Aspen, Colorado on Friday, August 8.
“The 100-store milestone is not only a humbling achievement for us to reach in the same year as we celebrate our 10-year anniversary, but it signifies the incredible power and momentum Vuori continues to have,” said Founder & CEO Joe Kudla. “Vuori exists to support people in feeling their best; clear, connected and inspired, along life’s journey and empower them to live a healthy and active lifestyle. As we continue on our global growth journey, we firmly believe that in addition to providing customers the ability to touch, feel and try on our products, our retail locations should also serve as hubs to drive authentic and meaningful relationships with the local community.”
To commemorate the milestone and opening of the brand’s latest store in Aspen, Colorado, Vuori’s entire fleet of stores will celebrate by hosting an ‘Investment in Happiness Day’ for the growing Vuori community on Saturday, August 9.
New figures from the U.S. Census Bureau suggest online sales grew roughly 15.9% in January, a slight deceleration from strong gains in December and November. What the government agency calls “nonstore sales” reached $54.97 billion on a seasonally adjusted basis in January, a 10.2% increase compared with $49.87 billion. Nonstore sales mainly take place online but also include other channels such as mail and telephone orders, door-to-door sales and sales through vending machines. Click Read More below for additional information.
J. C. Penney Company, Inc. announced that it has taken the first step in implementing its store optimization strategy. Following a comprehensive evaluation of its retail footprint and a careful analysis of store performance and future strategic fit for the Company, JCPenney identified the first phase of 154 store closures. Following entry of an order at the June 11, 2020, hearing with the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas, store closing sales will begin at 154 locations. The Company expects additional phases of store closing sales will begin in the coming weeks. As the Company remains focused on its Plan for Renewal and driving sustainable, profitable growth, it intends to reduce its store footprint and focus resources on its strongest stores and powerful eCommerce flagship store, jcp.com. Store closing sales for the first round of store closures are expected to take 10-16 weeks to complete. The list of 154 stores that will begin closing sales can be found on the JCPenney Blog.