West Elm makes metaverse debut on RobloxA Williams-Sonoma subsidiary is entering the metaverse via the Roblox immersive gaming platform. REI makes Black Friday permanent paid-off holiday for all employeesREI Co-op is cementing a seven-year tradition. Secondhand fashion marketplace Poshmark acquired in billion dollar deal Poshmark has agreed to be acquired in a deal valued at approximately $1.2 billion. Moody’s Analytics: To survive, malls must share in the risks of their tenants American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. British accessories brand Radley London expands in U.S. Radley London is growing its fledgling U.S. store footprint. Report: Walgreens expands robotic pharmacy fulfillment centers Walgreens is reportedly moving forward with a supply chain automation pilot involving prescription medications. NRF: Consumers still spending; a recession would likely be ‘mild’ Concerns about high inflation and the Federal Reserve interest rate hikes intended to bring it under control, haven’t stopped consumers from spending. Amazon launches new savings hub, renames discount Prime program Amazon is responding to inflation concerns with a “one-stop shop” for its discount offerings and a rebranding of a reduced-price Prime membership. Spanx names CEO and three other C-suite officers Spanx is expanding its executive team to support its rapid growth. Rite Aid Q2 loss widens; execs discuss shoplifting problems in NYC Rite Aid posted weak results for its second quarter. Kroger wants to end deal with Cigna Express Scripts; drug pricing ‘unsustainable’ Kroger Co. plans to terminate its agreement with Cigna Corp.’s Express Scripts in a dispute over its drug pricing model. Sports-restaurant concept Tom’s Watch Bar in new funding; expanding nationwide A brand known for its “360-degree” viewing room is targeting “ultra-high” traffic locations as it expands nationwide. First Previous 251 252 253 254 255 Next Last
