ARTICLES BY THIS AUTHOR
- 12/10/2024
GameStop Q3 sales plunge 20%; expects more store closures
Game Stop Corp. reported a third-quarter profit amid cost-cutting efforts even as its sales continued to decline. - 12/10/2024
NYC Must-See Retail: The best of 2024
From a luxury fashion brand to a natural foods grocery giant, New York City has been abuzz with new store openings this year. - 12/10/2024
Wegmans to enter two new states in 2025
Wegmans Food Markets is expanding its footprint in new and existing markets.. - 12/10/2024
Albertsons sues Kroger for breach of contract, calls off merger; Kroger fires back
Albertsons Companies has moved to terminate its merger agreement with The Kroger Co. and has filed a lawsuit suing the grocery store giant for breach of contract. - 12/10/2024
Macy’s ends accounting error investigation, sees no material impact; Q3 sales fall
Macy’s has completed an investigation into an employee who hid about $151 million of delivery expenses on its accounting books for nearly three years and said it has tightened its controls to avoid a repeat of the problem. - 12/9/2024
Federal judge blocks Kroger’s $25B acquisition of Albertsons
In a major win for the Federal Trade Commission (FTC), a federal judge temporarily blocked The Kroger Co. from acquiring rival Albertsons in a deal that would have created the largest supermarket chain in the U.S. - 12/9/2024
Walgreens reportedly in talks to sell itself to Sycamore Partners
Walgreens Boots Alliance is reportedly in discussions to sell itself to a private equity firm. - 12/9/2024
New York Stock Exchanges acts to delist The Container Store
The Container Store has received more bad news. - 12/9/2024
Academy Sports details 2025 store opening plans
Academy Sports + Outdoors reported third-quarter earnings and sales that missed Street estimates as it continues to grow its brick-and-mortar footprint. - 12/9/2024
Retailers advised to bring cargo in early as potential port strike, tariffs loom
The new year may bring another strike at East Coast and Gulf Coast container ports.