Rite Aid updates full-year outlookDespite that its shareholders will be voting on its proposed sale to Albertsons Companies in a matter of days, Rite Aid has lowered its outlook for fiscal year 2019. Regulatory Wrap-Up: Weekly recap of retail-related legislative/judicial developments - Aug. 6Introduction of paid-leave legislation in Senate is important milestone—with consequences for entry-level employers. Former Tesco exec to head up technology for Nordstrom Nordstrom has ended its “extensive search” for a new technology chief. Off-price retailer files Chapter 11, plans to close some stores With a goal of moving its business forward, National Stores has filed for bankruptcy protection, and will shutter some stores to restructure its debt load. Sears gives big boost to digital offerings Sears Holdings Corp. is adding an array of name brands and other products sold by third-party sellers to its website. Toy sales up—and the industry has Toys ‘R’ Us to thank The toy industry is having a comeback, boosted by the liquidation of the Toys “R” Us retail empire. Bottletop opens first 3D-printed store A small store in London is attracting a lot of attention for its unusual design. Women’s apparel retailer extends credit agreement Christopher & Banks Corp. is getting a reprieve on its credit facility. Major retail hub set to open in the City of Brotherly Love The long-awaited grand opening of the former Gallery at Market East in Philadelphia’s Center City has been set for September 2019. Starbucks jumps on cryptocurrency bandwagon A coffee giant’s new platform could help Bitcoin break through as a mainstream currency. First Previous 1345 1346 1347 1348 1349 Next Last
