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Asos has sold Topshop and Topman

Asos Sells Majority Stake in Topshop, Topman as Turnaround Effort Continues

British online retailer Asos has agreed to sell a 75% stake in its Topshop and Topman brands to…

News September 5
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Nordstrom Family Members, Mexican Retailer Offer $3.76B to Take Retailer Private

Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El…

News September 4
Amazon Consumer Product Safety Commission federal investigation online marketplaces product safety SHEIN Temu third-party sellers
Phone home screen with shopping apps including Shein and Temu

Consumer Products Watchdog Calls for Investigation of Shein, Temu Business Practices

Two commissioners at the U.S. Consumer Product Safety Commission (CPSC) have called for an investigation into the operations of…

News September 4
bankruptcy ceo appointment chapter 11 bankruptcy emergence from bankruptcy executive appointments Rite Aid
Rite Aid homepage

Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The…

News September 4
American Cancer Society cigarette buyback Haleon Stop & Shop tobacco products
Stop & Shop will stop selling tobacco products.

Stop & Shop Consigns Tobacco Sales to the Ash-Heap of History

Stop & Shop, which operates 360 supermarkets across Connecticut, Massachusetts, Rhode Island, New York and New Jersey, will…

News August 27
ceo appointment diane von furstenberg dvf executive appointments
Diane von Furstenberg store.

New Diane von Furstenberg CEO to Bring Operations Back In-House

A new CEO has quietly taken the helm at Diane von Furstenberg, and under this new leadership the…

News August 26
Abercrombie & fitch co. Abercrombie Kids global distribution Haddad Brands licensing deal
Abercrombie Kids will be distributed globally through a deal with Haddad Brands.

Abercrombie Kids Grows Up with New Global Distribution Deal

Abercrombie & Fitch Co. (A&F Co.) has teamed up with childrenswear licensee Haddad Brands to bring its Abercrombie…

News August 19
executive appointments turnaround efforts Walgreens
Tracey Koller, newly appointed SVP and Chief Merchandising Officer at Walgreens and Sharmila Sudhakar, new Group VP and Head of Walgreens Digital Commerce. (Image courtesy Walgreens)

Walgreens Appoints New Chief Merchandiser, Head of Digital to Aid Turnaround Efforts

After launching a turnaround effort in late June, Walgreens has made two executive appointments that it hopes will…

News August 16
fake reviews federal trade commission ftc online review fraud
The FTC has proposed a new rule cracking down on fake reviews online.

UPDATE: FTC Issues Formal Ban on Fake Reviews and Testimonials

[Update as of Aug. 15, 2024] The Federal Trade Commission (FTC) has issued a final rule to combat…

News August 15
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