May 22, 2024 · Pier 1, Stein Mart ownership changes hands The backers of Retail Ecommerce Ventures have acquired its IP portfolio, allowing it to avoid bankruptcy. Now they’re looking to expand.

Mar 7, 2024 · Ashley Home acquires Nectar mattress owner Resident Home As part of the deal, Resident co-founders and co-CEOs Eric Hutchinson and Ran Reske will remain in their current positions.

Dec 26, 2024 · Destination XL gets offer to go private The big and tall men’s apparel retailer “would be far better served” as a private company, Fund 1 says.

Dec 24, 2024 · Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition Saks CEO Marc Metrick will lead the expanded company, while chief merchant Tracy Margolies will take over as ...

Jun 11, 2024 · Qurate faces Nasdaq delisting The struggling company, which runs home shopping networks QVC and HSN and a small brand portfolio, has until Dec. 9 to regain share price compliance.

Since launching in May, Ally Bank has updated its iPhone and Android app, which clients can download for free from either Apple’s App Store or Google Play. The updates come from feedback that ...

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Dec 18, 2024 · J.C. Penney loss narrows in Q3 as sales declines continue The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its longer-term prospects.

Dec 9, 2022 · Dive Brief: Joining other companies in creating visual search tools, Walmart has launched TrendGetter, an image recognition tool that helps shoppers find discounts on the items they’re searching ...

Dec 16, 2024 · Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why. The accounting practice, embraced by department stores in the 1920s, is outdated, skews ...