Shopping center organization ICSC reported 207 million people, or about 79% of all adults in the United States, shopped during the five-day period ending on Cyber Monday of this year, four points higher than 2023 totals more the same period. In a similar result year...
Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
In its bankruptcy proceeding, Big Lots has filed notice of a successful bidder for its assets, Gateway BL Acquisition, an affiliate of Nexus Capital Management. In early September, Big Lots initiated voluntary Chapter 11 proceedings in the United States Bankruptcy...
Among its initiatives in the holiday season, Target Corp. will reduce regular prices on more than 2,000 items across private label and national brands, including home products that help consumers prepare for and navigate the seasons, food and beverages, everyday...
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...
