Financial News

Big 5 Sporting Goods to be Acquired for $112.7 Million

This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO) Big 5 Sporting Goods Corporation has signed an agreement to…

Claire’s Reportedly Exploring Sale as Competition, Tariffs Dampen Business Outlook

Tween-favorite accessories retailer Claire’s is considering selling all or parts of its business, according to Bloomberg, which cited people familiar with the…

Saks Global Gets $600 Million in Financing from Current Bondholders

Saks Global, parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has secured $600 million in committed financing from a…

Nike Ramps Up Embrace of Wholesale Channel

This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO) Nike is continuing to reengage with the wholesale channel and add…

At Home Files for Bankruptcy, Secures $600M as it Prepares to be Sold

At Home has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware, part of an agreement…

Stitch Fix Returns to Growth as Turnaround Strategy Bears Fruit

Subscription styling service Stitch Fix reported a revenue increase of 0.7% YoY in its fiscal Q3, which ended May 3, marking a…

PayPal Credit Introduces Physical Card for Brick-and-Mortar Payments

Over the next few weeks, PayPal will roll out physical payment cards to eligible U.S. PayPal Credit customers, adding a tangible way…

Vans a Hot Topic of VF Corp. Earnings Call As Turnaround Questioned

This article first appeared in our sister publication Shop Eat Surf Outdoor When it comes to revenue and marketplace might, the Vans…

Purchaser of 28 Hudson’s Bay Leases Plans New Department Store Concept

As part of the ongoing corporate restructuring following its March 2025 bankruptcy declaration, Hudson’s Bay has agreed to assign up to 28…

Facing a Disappointing Q1, Target Seeks to ‘Remain Price Competitive’

The entire retail industry is battling tariff uncertainty and other headwinds, and Target is no exception. The big box retailer reported a…

Kohl’s Looks to Raise $360 Million with Distribution Centers as Collateral

Kohl’s is making a private sale offering of approximately $360 million of senior secured notes due in 2030, which the department store…

BuyBuy Baby Returns as Beyond, Inc. Deepens Relationship with Kirkland’s

Beyond, Inc. and Kirkland’s have provided more details about the former’s$5.2 million expansion of its existing credit agreement with the home décor…

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