Back-To-School Sales Expected To Climb 5.5 Percent

According to Mastercard SpendingPulse, U.S. retail sales are expected to grow 5.5 percent during the critical July 15 through September 6 back-to-school period compared to 2020. Compared to 2019, sales are expected to grow 6.7 percent. The biggest year-over-year gains are expected from apparel, up 78.2 percent; and department stores, up 25.3 percent.

Hart Eyewear Launches Blue Light Filtering Lens Collection

Hart Eyewear launched its blue-light filtering lens collection. “For the last year, much like everyone else, I’ve been stuck behind a screen. I started feeling the effects,” said Hart Eyewear Founder and CEO, Steve Hart. The brand’s high-tech glasses use proprietary technology to protect the eyes from computer screens’ harmful rays. Other blue-light lenses often […]

100% Collaborates With Mechanix Wear On Performance Work Gloves

100% collaborated with Mechanix Wear on a collection of work gloves, The Original and FastFit. The collaboration combines garage gloves with the 100% extended logo and signature colors. A special print on the palm of the gloves is taken from the original 100% tagline, “How Much Effort Do You Give?” “We created 100% to make […]

 Downlite Outdoor Opens Processing Facility In Canada

Downlite Outdoor, a division of Downlite, announced the opening of its new processing facility in Mississauga, Canada. The company expanded its square footage to process and deliver down more quickly to its Canadian home textile and outdoor market customers. The facility’s European equipment allows for maximization of cleanliness and performance in down production and sorting.  […]

Igloo x Yes Way Rosé Release Pink Playmate Cooler For National Rosé Day

In celebration of National Rosé Day on June 12, Igloo partnered with Yes Way Rosé on a limited-edition Playmate Pal Cooler. The hard side cooler features Yes Way Rosé’s signature pink color and trademark logo with a 7-quart capacity that fits eight Yes Way Rosé canned wines. For more product information, go here. Photo courtesy […]

Burlington Stores’ Debt Upgraded By S&P

S&P Global Ratings raised its issuer credit rating on Burlington Stores to ‘BB+’ from ‘BB’ as the off-price retailer’s sales continue to recover strongly as the U.S. emerges from the pandemic.

TJX’s Debt Ratings Upgraded

Moody’s Investors Service affirmed TJX Companies, Inc.’s senior unsecured rating at A2 and commercial paper rating at Prime-1. The rating outlook was changed to stable from negative.

Tilly’s Declares Special Dividend

Tilly’s Inc. announced today that its Board of Directors has declared a special cash dividend of $1.00 per share, or up to approximately $31 million in the aggregate, on the company’s outstanding Class A and Class B common stock.

National Retail Federation Boosts Annual Forecast

The National Retail Federation raised its outlook for the retail industry for the year as the economy accelerates its pace of recovery. Retail sales are expected to grow between 10.5 percent and 13.5 percent to an estimated total of $4.44 trillion to $4.56 trillion in 2021.