by Mike Duff | Jul 11, 2023 | Retail Articles
Although some hope existed that BuyBuyBaby might sell as a complete entity, the retailer did not receive a sufficient offer at auction as an ongoing concern, turning the event into a sale of the company’s intellectual property. As such, the brick-and-mortar chain...
by Mike Duff | Jun 28, 2023 | Featured News, Retail Articles
Bed Bath & Beyond held a lease auction for its store locations on June 26, and Burlington Stores was among the most interested parties. According to Pulse Ratings, Burlington appeared to be a top bid winner at the auction, bidding $12 million for 44 locations. In...
by Mike Duff | Mar 17, 2023 | Retail Articles
Rite Aid Chief Retail Officer Andre Persaud has left the company in an additional high-level executive departure following a tough third quarter. Although it is not providing much in the way of details, Rite Aid issued a statement that said Persaud “is no longer with...
by Mike Duff | Feb 3, 2023 | Retail Articles
The board of directors at Kohl’s Corp. has unanimously appointed Tom Kingsbury CEO, the company reported, while reaching an agreement with activist investor Macellum Advisors. Kingsbury has served as interim CEO since December 2, the company. He will continue to serve...
by Mike Duff | Nov 10, 2022 | Featured News, Retail Articles
Bed Bath & Beyond is continuing to add new leadership to its turnaround effort with the appointment of Bart Sichel as executive vice president and chief marketing and customer officer. Sichel will oversee integrated marketing and customer strategies for Bed Bath...
