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New reports indicate that Rite Aid is negotiating with creditors on a Chapter 11 plan that would include liquidating stores.

WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact

Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according…

News August 28
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Max Magni, new Chief Customer and Digital Officer, Macy's.

Macy’s Brings in McKinsey Consultant as New Chief Customer and Digital Officer

Macy’s, Inc. has appointed Massimo (Max) Magni as its new Chief Customer and Digital Officer. Magni will begin…

News August 17
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Aldi has acquired the Winn-Dixie and Harvey's Supermarket banners.

Aldi Adds 400 Stores with Acquisition of Harveys Supermarket, Winn-Dixie

Southeastern Grocers (SEG) has initiated a strategic divestiture of its business, with Aldi set to acquire all SEG…

News August 16
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DTC disruptor Parade has been acquired by women-owned Ariela & Associates.

Ariela Buys DTC Intimates Trailblazer Parade

Women-owned intimates company Ariela & Associates International (AAi) has agreed to acquire DTC disrupter Parade. Parade will join the…

News August 15
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Amazon is drastically cutting back its number of private label brands.

Amazon Makes Drastic Cuts to Private Label Business in Advance of Potential FTC Antitrust Probe

Amazon is dropping dozens of its private label brands as it works to shore up profits and prepares…

News August 14
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Smart & Final store

NRF Hot 25 List Spotlights Fastest-Growing Retailers

Mexican grocer Chedraui, Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers…

Features August 11
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J.Crew Group has appointed a new Madewell President

J.Crew Pulls in Retail Heavyweight to Lead Madewell

J.Crew Group has appointed former Intermix and Ann Taylor executive Adrienne Lazarus as President of Madewell, effective September…

News August 10
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Coach owner Tapestry has acquired Capri, which owns Versace among other brands.

Coach Owner Tapestry Aims to Create ‘Powerful Global Luxury House’ with $8.5B Acquisition of Versace, Michael Kors Brands

Tapestry, the parent company of brands including Coach, Kate Spade and Stuart Weitzman, will acquire global fashion luxury…

News August 10
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Save A Lot store

Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations…

News August 8
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