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…
News July 10
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FTC Cracks Down on False ‘Made in the USA Claims,’ Sends Warning Letters to Walmart, Amazon
The Federal Trade Commission has sent warning letters to four companies reminding them to comply with the FTC’s…
News July 9
Urban Outfitters Makes Students’ Dorm Dreams Come True with Help from HGTV
Urban Outfitters and HGTV will turn one student’s dream dorm into a real-life place. The Dream Dorm Makeover…
News July 9
UPDATE: FTC Click-to-Cancel Rule Struck Down
[Update as of July 9, 2025] A federal appellate court has struck down the FTC’s Click-to-Cancel rule, which…
News July 9
Save A Lot Debuts New Format Targeting Hispanic Consumers
Save A Lot and Leevers Supermarkets have introduced a new store format, Save A Lot y Mas, designed…
News July 9
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…
News July 9
Amazon Partners with Gopuff for 15-Minute Grocery Deliveries Throughout the UK
In cities and towns throughout the United Kingdom, grocery deliveries in one hour (with some as fast as…
News July 8
UPDATE: Family Dollar Launches as Standalone Private Retailer
[Update as of July 8, 2025] Family Dollar has officially separated from former parent company Dollar Tree and…
News July 8
Disney Doubles Down on Shoppable TV with ‘Virtual Concessions,’ Content-Based Ecommerce
As its roster of streaming services continues to grow and expand, Disney is upping the ante on shoppable…
News July 7Top Stories
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