Asos Sells Majority Stake in Topshop, Topman as Turnaround Effort Continues
British online retailer Asos has agreed to sell a 75% stake in its Topshop and Topman brands to…
News September 5
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Just Walk Out Technology Scores at Football Stadiums and on College Campuses
Amazon’s Just Walk Out (JWO) cashierless technology has found a welcoming home in sports stadiums, a trend that…
News September 4
Nordstrom Family Members, Mexican Retailer Offer $3.76B to Take Retailer Private
Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El…
News September 4
Consumer Products Watchdog Calls for Investigation of Shein, Temu Business Practices
Two commissioners at the U.S. Consumer Product Safety Commission (CPSC) have called for an investigation into the operations of…
News September 4
Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO
Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The…
News September 4
UPDATE: UK’s Mountain Warehouse Acquires Eastern Mountain; All Bob’s Stores to Close Following Bankruptcy
[Update as of Sept. 4, 2024] UK retailer Mountain Warehouse has been approved to acquire seven Eastern Mountain…
News September 4
Sloomoo Institute Makes West Coast Debut with ‘Awe-Inspiring’ Space
Sloomoo Institute, the ultimate slime museum, is opening its fifth location in the heart of Los Angeles, marking…
News September 4
Fossil Boosts Site Visit Revenue 14% with AI-Powered Customer Insights
Watchmaker Fossil Group’s Canadian subsidiary has boosted its online sales volume, including a 14% increase in revenue per…
News September 3
Stitch Fix Styles a ‘Modern and Dynamic’ Future with Reimagined Brand, Experience
Following several years of weak sales and a shrinking consumer base, Stitch Fix has launched a transformation strategy…
News September 3Top Stories
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