by Mike Duff | Mar 10, 2025 | Retail Articles
Private equity firm Sycamore partners has acquired Walgreens Boots Alliance in a transaction estimated to total $23.7 billion. Walgreens shareholders will receive $11.45 per share in cash at the deal’s closing and one non-transferable right to receive up to $3 in cash...
by Mike Duff | Mar 6, 2025 | Retail Articles
The fourth quarter generated better-than-expected results for Burlington Stores. Net income was $260.8 million, or $4.02 per diluted share, versus $227.5 million, or $3.53 per diluted share, in the year-before period, the company noted. Adjusted for one-time events,...
by Mike Duff | Mar 6, 2025 | Retail Articles
Ross Stores comparable sales gained in its fourth quarter, but earnings came up short year over year while still beating a Wall Street estimate. Ross earnings per share were $1.79 versus $1.82 per share for the year-prior quarter with net earnings at $586.8 million...
by Mike Duff | Mar 6, 2025 | Retail Articles
Macy’s ‘First 50’ namesake stores continued sales progress in the fourth quarter as its luxury brands, Bloomingdale’s and Bluemercury, made significant comp gains. Net income was $342 million, or $1.21 million per diluted share, versus a loss of $128...
by Mike Duff | Mar 5, 2025 | The Inspired Home Show, The Inspired Home Show 2025
The final sessions of the Inspiration Theater at The Inspired Home Show examined how partnerships can provide new twists to products and how to protect products by establishing legal rights. In the Inspired Home Show session, “Intellectual Property Protection...