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asset sale brand acquisition dollar shave club Nexus Capital Management subscription DTC unilever
Unilever has sold Dollar Shave Club as it refocuses on its core business.

Unilever Sells Dollar Shave Club as it Refocuses on ‘Core Strategic Growth Areas’

Unilever has sold subscription razor brand Dollar Shave Club to the U.S.-based private equity firm Nexus Capital Management…

News October 30
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UPS has acquired Happy Returns from PayPal.

PayPal Offloads Happy Returns to UPS

UPS has agreed to acquire reverse-logistics solution Happy Returns from PayPal for an undisclosed amount. The deal is…

News October 26
baby registry bankrutpcy bed bath & beyond buybuy baby dream on me store relaunch website relaunch
The BuyBuy Baby website will relaunch later this month.

BuyBuy Baby to Reopen in Time for the Holidays

[This story was updated on Nov. 14, 2023 to include insight into the company’s future store plans.] BuyBuy…

News October 24
AI pledge ethical AI responsible AI Walmart
Walmart has released a responsible ai pledge

Walmart Makes Public Commitment to Ethical Use of AI

As AI has moved into the spotlight, businesses have found themselves performing the tricky balancing act of touting…

News October 23
acquisition Almost Famous apparel private label Steven Madden
Steve Madden has acquired the women's fashion label Almost Famous.

Steve Madden Ties Up Almost Famous Acquisition

Steven Madden has completed its acquisition of the privately held women’s fashion label Almost Famous, further expanding its…

News October 23
failed merger lawsuit settlement opioid settlements Rite Aid shareholder lawsuit Walgreens walgreens boots alliance
Walgreens has settled a lawsuit from investors in the fallout of its 2015 deal to acquire Rite Aid.

Walgreens Agrees to $192.5 Million Settlement with Shareholders over Failed Rite Aid Merger

Just three weeks before it was set to go to trial, Walgreens Boots Alliance (WBA) has agreed to…

News October 20
Aerie american eagle American Eagle Outfitters executive appointments operations Supply chain
Sarah Clarke, newly appointed Chief Supply Chain Officer, and Valerie van Ogtrop newly appointed EVP of Brand Operations for AEO.

American Eagle Names Replacements for Departing COO

American Eagle Outfitters (AEO) has appointed two executive leaders to replace COO Michael Rempell following his previously announced…

News October 18
community engagement ESG executive appointments Supply chain Target
Target COO John Mulligan and Chief External Engagement Officer Laysha Ward have both announced plans to retire.

2 Top Target Chiefs Announce Retirement Plans

Two of Target’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have…

News October 18
bankruptcy ceo appointment chapter 11 bankruptcy executive appointment opioid settlements restructuring Rite Aid
Rite Aid has filed for bankruptcy.

Rite Aid Names New CEO as it Officially Enters Bankruptcy

Update 10/19/23 — Rite Aid plans to close 154 underperforming stores as part of its bankruptcy, according to…

News October 16
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