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Amazon, Chanel and Brookfield are among the companies on the Saks creditor committee.

Amazon, Chanel, Brookfield Join Saks Global Bankruptcy Committee

Amazon, Chanel, LVMH and Brookfield Properties Retail are among the companies included in a 10-member creditor committee that…

News January 29
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Allbirds to Close All U.S. Full-Price Stores Next Month

Sustainable footwear retailer Allbirds will close its remaining U.S. full-price stores by the end of February 2026, but…

News January 29
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Pinterest is laying off 15% of its employees.

Pinterest to Lay Off 15% of Workforce in Order to Invest in AI

Pinterest plans to lay off up to 15% of its employees, approximately 700 positions, and reduce office space…

News January 28
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Amazon is laying off 16,000 more corporate employees.

Amazon to Eliminate 16,000 More Jobs as AI Drives Shift in Corporate Structures

Amazon will be cutting an additional 16,000 jobs in its ongoing effort to “strengthen our organization by reducing…

News January 28
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PVH Deploys OpenAI to Amplify Calvin Klein and Tommy Hilfiger Brands

PVH Corp. has partnered with OpenAI to co-create custom AI capabilities that will be embedded in PVH’s data-…

News January 28
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Vitamin Shoppe Debuts AI-Powered Advisor in New NYC ‘Innovation Store’

The Vitamin Shoppe has opened an Innovation Store on New York’s Upper East Side that will feature an…

News January 28
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Amazon will shutter all Amazon Fresh and Amazon Go stores.

Amazon Pulls the Plug on Fresh and Go Stores, Plans 100+ New Whole Foods

Amazon will close all remaining Amazon Go and Amazon Fresh stores to focus on its growing online grocery offering…

News January 27
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Hong Kong-Based Anta Sports Buys 29% Stake in Puma for $1.8 Billion

Chinese sportswear company Anta Sports Ltd. will purchase a 29.06% stake in the Puma brand from Artemis —…

News January 27
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Dollar General Expands Delivery to 17,000+ Stores, Concentrates on Rural Areas

Seeking to expand same-day delivery access to traditionally underserved rural areas, Dollar General now offers delivery service via…

News January 26
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