Financial News

Kroger Reaches ‘Friendly’ Settlement with C&S Grocers Over Failed Albertsons Merger

Kroger has reached a settlement with C&S Wholesale Grocers, resolving the latter’s lawsuit following the collapse of Kroger’s $24.6 billion merger with…

Update: Bankrupt Claire’s to Close 700 Stores, May Exit U.S. Operations Entirely

[Update as of Aug. 8, 2025] In court documents related to its recent bankruptcy filing, Claire’s identified 700 stores that are “not…

UPDATE: Kizik Sues Skechers for Infringing on its Hands-Free Shoe Tech: ‘This is a Category we Created’

[Update as of July 28, 2025] Skechers has responded to the Kizik lawsuit in a public statement, promising to “vigorously defend” itself…

NRF: Tariffs and Other U.S. Government Policies Have Ramped Up Uncertainty and Confusion

This article first appeared in our sister publication Shop Eat Surf Outdoor (SESO) The National Retail Federation said Tuesday that the “pervasive” uncertainty…

S&P Global Downgrades Saks’ Credit Rating, Calls $600 Million Financing Deal ‘Tantamount to a Default’

In light of a proposed debt restructuring announced earlier this month by Saks Global, S&P Global Ratings has downgraded the retailer from…

Meta Takes $3.5 Billion Stake in Smart Glasses Manufacturer EssilorLuxottica

Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business of Fashion, quoting people familiar…

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…

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…

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…

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Financial News

Kroger Reaches ‘Friendly’ Settlement with C&S Grocers Over Failed Albertsons Merger

Update: Bankrupt Claire’s to Close 700 Stores, May Exit U.S. Operations Entirely

UPDATE: Kizik Sues Skechers for Infringing on its Hands-Free Shoe Tech: ‘This is a Category we Created’

NRF: Tariffs and Other U.S. Government Policies Have Ramped Up Uncertainty and Confusion

S&P Global Downgrades Saks’ Credit Rating, Calls $600 Million Financing Deal ‘Tantamount to a Default’

Meta Takes $3.5 Billion Stake in Smart Glasses Manufacturer EssilorLuxottica

Big 5 Sporting Goods to be Acquired for $112.7 Million

Saks Global Gets $600 Million in Financing from Current Bondholders

Nike Ramps Up Embrace of Wholesale Channel

Stitch Fix Returns to Growth as Turnaround Strategy Bears Fruit

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

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

Accelerating Your Growth: Why Automating Tax andCompliance Solutions Are the “Hidden Heroes” of Expansion

Case Study: Sony BRAVIA Professional Displays Power Stella McCartney’s Global Store Digital Signage

Multimodal Commerce: New Era of Online Shopping

Preparing for Global Expansion: 6 Must-Haves for Tax Compliance Success

5 Essential Tax Truths for Growing Midmarket Companies

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