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California Prop 36 election 2024 legislative action retail crime retail theft retail theft penalities
Recreation of a retail theft

California Increases Penalties for Retail Theft with a Focus on Repeat Offenders

Californians overwhelmingly passed Proposition 36 — which increases the penalties for certain theft and drug crimes — by…

News November 6
American Freight bankruptcy Buddy's Home Furnishings chapter 11 bankruptcy Franchise Group Pet Supplies Plus restructuring store closures the vitamin shoppe
American Freight store exterior

Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders…

News November 4
Adidas brand partnership financial results yeezy
A pair of shoes from the discontinued Adidas x Yeezy collab.

UPDATE: Adidas, Ye Settle Dispute; Remaining Yeezy Stock Sold at Cost

[Update as of 10/30/24] Following multiple lawsuits, Adidas said it has reached an out-of-court settlement with Ye (a.k.a.…

News October 30
Bebe Bebe Stores Inc. bluestar alliance brand acquisition brand investment Brookstone Hilco Global joint venture Off-white TPG Angelo Gordon
Hilco Global has launched a new joint venture with TPG in partnership with Bluestar Alliance.

Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture…

News October 29
bankrutpcy chapter 11 bankruptcy Esprit Esprit UK Esprit US Esprit US Distributions Ltd. Esprit US Retail Inc.
Esprit storefront with sale signs.

Esprit U.S. Subsidiaries File for Bankruptcy

Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US…

News October 29
Albertsons capri holdings Coach ftc jimmy choo kate spade Kroger Kroger-Albertsons merger Michael Kors Stuart Weitzman tapestry versace

UPDATE: Federal Judge Grants FTC Request to Block Tapestry’s Acquisition of Capri

[Update as of 10/25/24] A federal judge has granted the Federal Trade Commission (FTC)‘s motion for a preliminary…

News October 25
affinity marketing bed bath & beyond Beyond Beyond Inc. cost-cutting data monetization earnings report layoffs Q3 earnings reduction in force strategic shift
The Beyond Inc. homepage offers many clues about what's ahead as the company lays off 20% of its workforce.

Beyond, Inc. to Lay Off 20% of Workforce as Company Shifts to an ‘Affinity Marketing Model’

Just days after announcing two major new partnerships with The Container Store and Kirkland’s, both of which include…

News October 24
bed bath & beyond Beyond Inc. brand licensing design:retail design:retail News gordon brothers Kirkland's Kirkland's Home new stores Osmium Partners strategic partnership
Bed Bath & Beyond is returning to brick-and-mortar with plans for stores.

Bed Bath & Beyond to Return to Brick-and-Mortar via Small-Format Stores Operated by Kirkland’s

Beyond, Inc., the parent company of Bed, Bath & Beyond, has entered a multi-faceted strategic partnership with home…

News October 21
bed bath & beyond Beyond buybuy baby digital-first retailer dream on me store closures
BuyBuy Baby is closing its remaining stores and going digital-first.

BuyBuy Baby to Close all Stores by Year-End, Go Digital-First

A little over a year after being acquired out of bankruptcy and reopening 11 physical stores, BuyBuy Baby…

News October 18
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