UPDATE: Activist Investor Arkhouse Increases Bid to Buy Macy’s After Launching Board Proxy Fight
[Update from 3/4/2023] Arkhouse Management is not relenting in its effort to take over Macy’s, upping its acquisition…
News March 4
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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations
Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store…
News February 27
Kohl’s Confirms it’s in Talks with Potential Buyers, Defends ‘Standalone Strategy’
Kohl’s has confirmed reports that it is in discussion with a number of parties interested in acquiring its…
News March 21
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The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
The Bay Continues ‘Digital-First Transformation’ with New Merchandising Solution
The Bay, the ecommerce business of Canadian retailer Hudson’s Bay, has partnered with NuORDER by Lightspeed to optimize…
News December 9
thredUP Gears up for Resale Boom with New Texas-Sized Distribution Center
Online consignment retailer thredUP plans to open a new 600,000-square-foot, 10-million-item flagship distribution center in Lancaster, Texas in…
News September 22
Saks.com Completes $465 Million in New Financing
Saks.com has secured a new round of financing to back its growth strategy as it aims to take…
News May 13
Report: Lord & Taylor to Return as Online-Only Retailer in April
Lord & Taylor will return from bankruptcy as a digital-first retailer in April under its new owner Saadia…
News March 15
Hudson’s Bay Seeks Vendors for New Online Marketplace
Hudson’s Bay is planning expand its TheBay.com website to include a third-party marketplace, as part of its “digital-first…
News February 5
JCPenney Lenders May Make Acquisition Bid After Other Talks Falter
JCPenney’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer…
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