SHOPPING PREVIEW: WESTFIELD WORLD TRADE CENTER

After many months of anticipation, Westfield World Trade Center has officially opened in Lower Manhattan, bringing in more vibrancy to the bustling and revitalized Financial District. With 365,000 square feet of retail space, this new mall aims to become one of New York City’s prime shopping destinations. As of this writing, …

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TJX STOCKS FALL ON MISSED ESTIMATES DESPITE POSITIVE EARNINGS

Earnings reports can be a tricky thing. For example, shares of the TJX Cos. (T.J. Maxx, Marshalls and HomeGoods) fell 3.2% yesterday, despite news of positive second quarter sales and comps. Why? Because the discount retailer’s Q3 and fiscal 2017 estimates, while on an upward note, still fell short of analysts’ estimates. Net …

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STATS FOR BACK-TO-SCHOOL SHOPPING

Research firm Retail Me Not has put out a back to school cheat sheet, featuring consumer trends and insights for retailers. Back-to-school shopping is always one of the largest seasonal events for retailers and consumers, and 2016 looks to be no differ…

NORDSTROM EXPANDS ITS PARTNERSHIP WITH MADEWELL THROUGH ADDITIONAL STORES

Nordstrom seems bullish about expanding its retail reach. Just recently, it announced that it plans to include casual fashion brand Madewell into an additional 20 stores this fall. According to Nordstrom, this is the third distribution expansion between it and Madewell since they started working together in March 2015, which will …

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