article thumbnail

Harrolds exits Pacific Fair after rent negotiations fall through

Inside Retail

Luxury fashion retailer Harrolds has, effective immediately, shuttered its Pacific Fair, Gold Coast, location after months of negotiations with landlord AMP Capital fell through. The menswear and womenswear store, situated across two levels, was launched in 2016. “We

article thumbnail

Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. The declines were attributed to store closures, though the retailer has reopened about 40%.

article thumbnail

Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

Macy’s Sees its Future in Luxury and Off-Mall Locations Macy’s has been diligently modernizing its operations for the past several years, and its performance in the coming months will be a sign of whether its efforts are paying off. That’s a clear advantage in the near term and remains our focus over the long term.”

Markdowns 275