<figure><div><img src="https://imgproxy.divecdn.com/kirJ_ka42m95MgJZ7Ywq08Kb3l7f-zGEh5G1UxEkTis/g:nowe:83:1/c:1187:670/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfMjczNS5qcGVn.webp"/></div></figure><p>Store comps at the off-price retailer soared 10% in Q2, thanks to new and returning customers, in sharp contrast to major rival TJX Cos.</p>
<p>The outdoor retailer will go private in a deal led by Marquee Brands that is designed to ensure it “remains anchored in Canadian culture.”</p>
<figure><div><img src="https://imgproxy.divecdn.com/cwZT5WmmBRVIbDLLCGNQk_KaScSbx6py-3yh-ovnc9c/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9Qb2tlbW9uX0JhbGxvb25fTWFjeV9zX1RoYW5rc2dpdmluZ19EYXlfUGFyYWRlX0ltYWdlXzIuanBn.webp"/></div></figure><p>Long lead times in the category mean a rebound will take time. Meanwhile, the department store is setting its sights on its centennial Thanksgiving Day Parade.</p>
<figure><div><img src="https://imgproxy.divecdn.com/Rke2BlB-g9BvqtXgv5UYxLCECqmGUZa-3QX932Zu0HU/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDI2MDU3ODQzLmpwZw==.webp"/></div></figure><p>The service covers thousands of SKUs and uses more than 2,000 U.S. stores as fulfillment hubs.</p>
<figure><div><img src="https://imgproxy.divecdn.com/QpMkacCdLF1mRmxId7u4C6WqB1qG8NuveNfHkllap1Q/g:nowe:0:114/c:608:344/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9tYWluZV9tYWxsXzIyamFuMjZfLV8xLmpwZWc=.webp"/></div></figure><p>Former Foot Locker executive Adrian Butler will oversee technology and former Starbucks CTO Gerri Martin-Flickinger will sit on the board.</p>
<figure><div><img src="https://imgproxy.divecdn.com/7lZ8bZ0BlKjQfSkTFPJJVo2-adEdCXKdy0mYB3FP6hI/g:nowe:1437:27/c:1219:689/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9NaWNoYWVsc19mcmFtZS5qcGc=.webp"/></div></figure><p>The retailer is harnessing 3D and AR technology to help shoppers preview frames in their spaces.</p>
<figure><div><img src="https://imgproxy.divecdn.com/ou7ed8BjQXPcocZEQJGAfHSIW2DOt1a0E9v-WyGUUsc/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XYWxtYXJ0X0dlcm1hbnRvd25fTWFyeWxhbmRfMDYwOTI1LTEuSlBH.webp"/></div></figure><p>CFO John David Rainey said brick and mortar is vital as retail becomes more omnichannel. Meanwhile, Walmart's Q2 U.S. comps were softened by drug pricing regulation.</p>
<figure><div><img src="https://imgproxy.divecdn.com/w5WsH--N-eD2SVI2v9-EZnUeXYu3zBWaP8pFQxhuya4/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfNDQwNC5qcGc=.webp"/></div></figure><p>Bill Chandler will leave the company just days before incoming CEO Heidi O’Neill arrives.</p>
<figure><div><img src="https://imgproxy.divecdn.com/QmvbV0QNfvvpJuvrrbGG5w54K2ceW84a685FTlivMjQ/g:nowe:0:233/c:4032:2277/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUctMTU1MS5qcGc=.webp"/></div></figure><p>Some analysts believe the off-price retailer is also suffering the consequences of stiffer competition and consumers’ resistance to price increases.</p>
<figure><div><img src="https://imgproxy.divecdn.com/8oiiaojZd-xg12CAEKhMOhal4h9joGG8_2NALtBP0l8/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9UaGVfTEVHT1JfU3RvcmVfRmxhZ3NoaXBfb25fRmlmdGhfUGVyc29uYWxpemF0aW9uX1N0dWRpby5KUEc=.webp"/></div></figure><p>Older consumers are fueling growth in the industry, according to a new Circana report.</p>
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