Container Store Looks to Reset via Bankruptcy, CEO Promises Retailer is ‘Here to Stay’
[Update from Dec. 27, 2024] The Container Store filed for Chapter 11 bankruptcy on Dec. 22 to facilitate…
News December 27
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UPDATE: Saks Global Finalizes $2.7 Billion Neiman Marcus Acquisition
[Update as of Dec. 26, 2024] Saks Global has completed its acquisition of Neiman Marcus Group, joining the…
News December 26
Nordstrom Family and Mexican Retailer Liverpool to Take Company Private in $6.25B Deal
Members of the Nordstrom family along with Liverpool, a Mexican retailer that has recently been expanding relationships with…
News December 23
UPDATE: Starbucks Strikes Expand to a Dozen Cities, with Escalations Planned Through Christmas Eve
[Update as of Dec. 23, 2024] The barista strikes at Starbucks locations have spread to a dozen cities,…
News December 23
Dollar Tree Removes ‘Interim’ from CEO Title for Creedon
Dollar Tree has named Michael Creedon Jr. as its CEO on a permanent basis. Creedon was named Interim…
News December 20
Hair You Go: Ulta Beauty Uses AI to Virtually Preview Potential New ’Do’s
Ulta Beauty has leveraged generative AI from Nvidia to provide customers with highly realistic previews of desired hairstyles…
News December 19
Stop & Shop Names Industry Vet as Chief Merchant
Stop & Shop has appointed Lee Nicholson, currently SVP of Procurement for its parent company Ahold Delhaize USA,…
News December 19
UPDATE: Teamsters Strike at 7 Amazon Facilities; Company Claims Union Doesn’t Represent its Workers
[Update as of Dec. 19, 2024] Beginning at 6 a.m. ET, the Teamsters Union began strikes at seven…
News December 19
Fresh Market Aims to Improve Inventory Management with New Tech, Including Electronic Shelf Labels
The Fresh Market will deploy solutions from VusionGroup across all 166 grocery stores in its fleet next year,…
News December 18Top Stories
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