Retail Articles

In an ongoing expansion across the United States, Japan-based value retailer Daiso is starting off the new year by opening 10 locations.

Saks Global announced it finalized the acquisition of Neiman Marcus Group in a deal with a $2.7 billion enterprise value.

After entering Chapter 11 bankruptcy protection and warning of possible liquidation, Big Lots announced it entered an agreement with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers and intellectual property, to other retailers and companies. Variety Wholesalers, which operates more than 400 stores in the Southeast and Mid-Atlantic United States, plans to acquire between 200 and 400 Big Lots stores as part of the transfer.