Featured News

Mastercard: Holiday Sales Gained 3.8% from November Through Christmas Eve

Mastercard reported a 3.8% year-over-year increase in U.S. retail sales, excluding automotive, from November 1 through December 24, according to preliminary results from Mastercard SpendingPulse, which measures in-store and online retail sales.

Container Store To Reorganize Under Chapter 11, Nixing Beyond Deal

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. 

Big Lots Attempts To Salvage Purchase As Going-Out-of-Business Sales Start

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.