Brooks Brothers Receives $305 Million ‘Stalking Horse’ Bid
With its $305 million “stalking horse” bid, SPARC Group LLC (SPARC) has raised the possibility that Brooks Brothers…
News July 24
Latest In: Store Operations
Neiman Marcus Closing 4 Stores Including Hudson Yards Location
Just 16 months after its first New York City store debuted as the anchor for the brand-new Hudson…
News July 24Tailored Brands Could Close 500 Locations; Ulta Plans Net Store Count Increase In 2020
Tailored Brands is cutting 20% of its corporate staff and has identified up to 500 retail stores for…
News July 23
Ascena Bankruptcy Filing Could Lower Company Debt By $1 Billion
With its voluntary Chapter 11 filing today, Ascena Retail Group, parent company of brands including Ann Taylor, LOFT…
News July 23Tapestry CEO Resigns Amid Sexual Misconduct Allegations
Jide Zeitlin, who was named CEO of Tapestry in September 2019, has stepped down amid allegations of an…
News July 22
How Retail Can Learn From The On-Demand Economy And Survive The Pandemic Sucker Punch
The retail industry is reeling from COVID-19. If it were a boxer, it would be against the ropes,…
Executive Viewpoints July 22
Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain
Walmart Canada is planning a $3.5 billion (Canadian) investment over the next five years that will impact every…
News July 21As Aldi Passes 2,000-Store Mark, Retailer Plans 70 More Locations In 2020
The coronavirus pandemic has done little to slow Aldi’s growth: the low-price supermarket chain has opened its 2,000…
News July 21
Walmart Debuts Shopping Service Within Yahoo Mail
Without leaving their email inboxes, Yahoo Mail users will now be able to browse, add to cart and…
News July 20Top Stories
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