by Mike Duff | Jan 21, 2025 | Retail Articles
Symbotic has agreed to acquire Walmart’s Advanced Systems and Robotics business as part of a deal that will see the tech company develop pickup and fulfillment automation for the retailer, including at the store level. Symbotic announced the acquisition, contending...
by Chandler Harvey | Dec 17, 2024 | Appliances, Home + Housewares, Personal Care & Wellness
Helen of Troy Limited announced it completed the acquisition of Olive & June, an omnichannel nail care brand that includes polish, artificial nails, tools, treatment and care. In late November, Helen of Troy reported that it agreed to acquire Olive & June for...
by Mike Duff | Oct 15, 2024 | Retail Articles
As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | Mar 25, 2024 | Beverageware, Dinnerware, Home + Housewares, Serveware, Tableware
Dinnerware provider 10 Strawberry Street has acquired Global Amici, an importer and wholesaler of artisanal glassware and kitchen accessories. 10 Strawberry Street pointed out that the strategic acquisition marks a significant milestone in its growth trajectory,...