The Container Store filed for Chapter 11 bankruptcy protection with a lender-backed plan for emerging as a private company, signaling the end of a proposed investment in The Container Store by Beyond, Inc. A source close to the matter told HomePage News The Container...
Contention surrounds a job action by the Teamsters against Amazon with the union characterizing it as a strike against the company while Amazon asserts that neither employees at the company nor at its affiliated independent delivery partners are represented by the...
Kirkland’s has extended the voting deadline for its upcoming special shareholders meeting originally scheduled for December 23 involving the partnership and investment deal it struck with Beyond. Kirkland’s noted preliminary results suggest its shareholders...
Although it is exploring an alternative deal that might keep at least some of its stores in operation, Big Lots announced that it does not anticipate completing an asset purchase agreement with Nexus Capital Management and will commence going-out-of-business sales. If...
Consumer confidence made marginal gains in November, according to the Numerator Consumer Sentiment Tracker. Consumers remain careful with their money, according to the Numerator tracker. As a result, they are shopping for items on sale, at 42%; using coupons/discount...
