7 months ago Allbirds IPO Pushes Retailer’s Valuation Above $4 Billion Despite failing to ever turn a profit in its six years of operation, Allbirds made a strong Wall Street debut on Nov….
7 months ago Allbirds IPO to Value Retailer at $2.2 Billion Allbirds has filed for an IPO, with plans to sell 19.2 million shares of its stock at $12 to $14 per share….
7 months ago Reports: PayPal in Talks to Acquire Pinterest for $45 Billion [Editors’ Note: Since the posting of this story, PayPal has denied the many rumors about a purchase of PayPal, saying in a…
1 year ago How Amazon’s ‘Trench Warfare’ Against Unions Could Damage its Consumer Confidence Editor’s note: This article has been updated with additional information about Amazon. An Amazon fulfillment center in Bessemer, Ala. has become the…
2 years ago Report: A Price Cut Could Resurrect LVMH Acquisition of Tiffany The troubled $16.2 billion acquisition of Tiffany by global luxury giant LVMH, which has devolved into suits, countersuits and threats, could still…
2 years ago The Need for Delivery Speed Drives Holiday Hiring Seasonal hiring provides a window into retailers’ priorities, and 2020 demonstrates both the COVID-19-powered growth in ecommerce and the need to operate…
2 years ago Report: Rent The Runway Exits Brick-And-Mortar After closing its five stores in response to COVID-19 orders, Rent the Runway is shutting them permanently, said President and COO Anushka…
2 years ago Albertsons IPO Falls Short Of Projections But CEO Remains Optimistic Prior to the long-planned Albertsons IPO on June 26, the retailer believed the stock offering could raise up to $1.3 billion, based…
2 years ago Report: Walmart Hires More Than 100K Employees; Total Could Surpass 150K On March 20, Walmart reported its intent to hire 150,000 employees to deal with fast-rising demand from the COVID-19 pandemic. Three weeks…
2 years ago Dollar Tree CEO: Supply Chains Stressed, But $1 Billion Of Product Is In The Pipeline In an interview on CNBC, Gary Philbin, CEO of Dollar Tree, admitted that the discount retailer’s supply chains have “been stressed,” but…