L Brands Spins Off Victoria’s Secret, Bath & Body Works into Two Companies
L Brands will separate Bath & Body Works and Victoria’s Secret into two independent, public companies. The company…
News May 11
Latest In: Store Operations
Barnes & Noble Owner Acquires Paper Source With Plans for Complementary Partnerships
Paper Source will sell itself to Elliott Investment Management, allowing the retailer to emerge from Chapter 11 and…
News May 11
PacSun Names Co-CEOs and New President
PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer…
News May 10
In-Store Convenience Sales Rose 1.5% in 2020
In 2020, U.S. convenience stores found brick-and-mortar success despite a tumultuous year: in-store sales rose 1.5%, to $255.6…
Features May 10
Brookfield Property Sells Forever 21 Stake as Retail Continues to Drag
Brookfield Property Partners sold its stake in Forever 21 for $63 million during Q1 2021, which contributed to…
News May 7
At Home to be Taken Private in $2.8 Billion Purchase
At Home has entered into a definitive agreement to sell itself to funds affiliated with Hellman & Friedman…
News May 7
Office Depot Will Split Consumer, B2B Businesses into Two Independent Companies
Office Depot will separate itself into two independent, publicly traded companies, each with its own focused strategy and…
News May 6
Circle K Pilots Beverage Subscription Program to Encourage Shoppers’ Return
Circle K is launching its Sip & Save beverage subscription, a pilot program that will offer customers who…
News May 5
Gap to Sell Off Intermix Business
Gap Inc. has entered into an agreement to sell omnichannel fashion retailer Intermix to private equity firm Altamont…
News May 5Top Stories
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