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Macy’s plans to update, refresh 100 locations

Macy’s will invest in upgrades at 100 stores, after remodeling 50 locations last year. Improvements will include new paint and carpets, upgraded dressing rooms and restrooms and, in some stores, the addition of off-price Macy’s Backstage shops. Read The Dallas Morning News story here

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Bed Bath & Beyond explores options for sale

Bed Bath & Beyond is working with Goldman Sachs to explore options for potential sales of core assets, according to a published report. A former executive of the company has reportedly bid $250 million for Cost Plus World Market, and a private-equity firm is considering

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Gap shares plans for post-Old Navy spin off

Gap and Old Navy will each keep their own names when Old Navy spins off from its parent as a separate publicly traded company. In addition to its namesake stores, the new Gap portfolio will include Gap’s other brands: Athleta, Banana Republic, Hill City, Intermix

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Hy-Vee stores in Kansas getting a $90M update

Hy-Vee is spending $90 million to remodel 14 of its stores in Kansas and Missouri. The work will include improved health and wellness services, new departments, more foodservice offerings, updated signage and revamped convenience stores. Read The Shelby Report online story here

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