by Mike Duff | Aug 29, 2024 | Retail Articles
Speculation is swirling around Big Lots after Bloomberg reported that the company might seek bankruptcy protection. Bloomberg added that, as a bankruptcy alternative, Big Lots is simultaneously seeking new investors, citing a source familiar with the search. Bloomberg...
by Mike Duff | Jul 18, 2022 | Retail Articles
In June and through mid-July, Ross Stores opened 29 locations under its two main banners as it keeps moving toward a planned 100-unit rollout by the end of 2022. The company debuted 21 Ross Dress for Less and eight dd’s Discounts stores across 12 of the United...
by Mike Duff | Jun 22, 2022 | Retail Articles
Amazon has named Doug Herrington CEO of its Worldwide Amazon Stores business, formerly known as Worldwide Consumer, as it makes an organizational change. The announcement comes just about two weeks after the company revealed that Dave Clark, CEO of Worldwide Consumer...
by Mike Duff | Nov 19, 2021 | Featured News, Retail Articles
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
