By Reuters Published November 26, 2024 Kohl’s CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan …
By Reuters Published Sep 5, 2024 Nordstrom’s founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its …
By Reuters Published Aug 29, 2024 Kohl’s topped quarterly profit estimates and raised its annual forecast on Wednesday, as the department store operator leans on lower costs and slimmer inventories …
On the business front, we’ve been hearing about brand revamps, key tech link-ups and lawsuits too. Motherhood In the US, Marquee Brands has rebranded the Motherhood maternity label and launched …
Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual forecasts for sales and profit. Nordstrom …
By Reuters API Published May 7, 2024 Livestream shopping where buyers and sellers transact in real-time video is growing in the United States while technology to police counterfeit goods has …
By Reuters Published May 2, 2024 Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom, according to people familiar with …
By Bloomberg Published Mar 12, 2024 Kohl’s Corp. reported same-store sales in the fourth quarter that missed the average analyst estimate, suggesting the department store chain struggled to attract shoppers …
Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion. Reuters They raised …
In a regulatory filing with the United States Securities and Exchange Commission (SEC), GIC Private Ltd, a prominent fund manager headquartered in the Republic of Singapore, revealed on Thursday a …