J.Jill Thrives Amid Retail Downturn
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
J.Jill, a womens apparel retailer, is bucking the trend of store closures by closing just five stores in fiscal 2025, while opening nine new ones. The company is focusing on markets where its already established to keep costs low and profits high. Despite a three point one percent sales dip and a net loss of three point five million dollars, J.Jill is investing in new products, customer experience, and technology. The company expects sales to be down five to seven percent in the next quarter, but remains optimistic about the future of retail, which is evolving to mix physical and online stores for the long term.
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