Bloomberg LVMH’s Sephora beauty chain said it will open more than 60 stand-alone US stores this year in addition to the hundreds of shops already planned at Kohl’s Corp locations, betting big on a resurgence of retail foot traffic as the pandemic wanes. The expansion will take place in the Pacific Northwest, Los Angeles and the South, with plans to …

Bloomberg Foot Locker Inc shares fell as much as 12% in premarket trading after the athletic-goods retailer missed analysts’ expectations for same-store sales and overall revenue. Comparable-store sales declined 2.7% in the fourth quarter ended on January 30, Foot Locker said, compared with analysts’ estimate of a 3.5% increase as compiled by Consensus Metrix. Revenue of $2.19 billion missed the …

Bloomberg Belk Inc, the department store chain owned by Sycamore Partners, won court approval of its plan to slash $450 million of debt less than one day after filing for Chapter 11 bankruptcy. US Bankruptcy Judge Marvin Isgur said in a hearing he would approve the retailer’s bankruptcy plan, paving the way for Belk to emerge from Chapter 11. If …