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570 Fifth Avenue, which will be the site of the new office tower featuring a ground-level Ikea.

Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store

Ingka Investments — the investments arm of Ingka Group, which owns the majority of Ikea stores worldwide — has…

News July 2
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JCPenney, Rare Beauty Partner to Support Emerging Female-Led Brands

JCPenney and Rare Beauty Brands have created the Lift Beauty Accelerator, a brand incubation initiative aimed at beauty…

News July 2
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E.l.f. will sell real-world beauty products in the virtual Roblox world.

E.l.f. Tests Out Real-World Product Sales on Roblox

E.l.f. has become the first beauty brand to test real-world commerce in the Roblox virtual world, via the…

News July 2
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UPDATE: Bankruptcy Judge Approves Rite Aid Restructuring Plan to Cut $2 Billion in Debt

[Update as of July 2, 2024] U.S. Bankruptcy Judge Michael Kaplan has approved a restructuring plan for Rite…

News July 2
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Alibaba to Scale AI Access for SMBs Worldwide

Alibaba has revealed that its AI tools for global suppliers have been adopted by approximately 30,000 smaller businesses…

News July 1
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Harps Food Stores is deploying real-time personalization at checkout.

Harps Food Stores Enables Real-Time Personalization at Checkout

Harps Food Stores is deploying a new integration between customer intelligence platform Birdzi and POS system ECRS to…

News July 1
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Save Mart Companies has been acquired by The Jim Pattison Group.

Save Mart Companies Acquired by Canadian Holding Co. Jim Pattison Group

The Save Mart Companies — which includes grocery banners Save Mart, Lucky California and FoodMaxx — has undergone…

News July 1
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Due to the success of its Fifth Avenue Club concept, Saks Fifth Avenue plans to open more standalone locations this year, bringing its total count to 20 across the U.S.

Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels

Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club.…

News June 28
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UPDATE: Mexican Merchant Gonher Buys Sam Ash for $15M

[Update as of June 28, 2024] Sam Ash has selected a winning bidder in its bankruptcy auction: Mexican retailer…

News June 28
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