FINANCE

Saks Fifth Avenue parent Hudson’s Bay to go private

Hudson's Bay Company has agreed to be taken private by a group of its shareholders after they upped their offer.

Destination Maternity files Chapter 11, store closings likely; looks for buyer

The nation’s largest retailer of maternity wear has filed for Chapter 11 bankruptcy protection amid sagging sales, increased competition and changing customer tastes.

Cole Haan files confidential IPO

Cole Haan is prepping to go public.

Report: Lampert among post-bankruptcy Sears lenders

Sears has reportedly received $150 million in financing since emerging from bankruptcy in February 2019.

RetailMeNot: Short season may impact Black Friday/Cyber Monday

This year’s shortened holiday shopping season is causing shifts in spending behavior.

Brentwood Associates sells airport and resort retail group to U.K. firm

Brentwood Associates has sold another of its retail businesses.

Barneys gives OK to ABG’s bid

Barneys New York is closer to a deal to keep its brand alive.

NRF: September sales dip from August

The ongoing U.S.-China trade war may have mildly impacted retail sales in September.

The Kitchen Collection to close all stores

Hamilton Beach Brands Holding Co. is winding down the retail operations of its specialty kitchenware subsidiary.

Report: Two major retailers eye FreshDirect

Amazon and Walmart are both reportedly considering a purchase of on-demand grocery delivery platform FreshDirect.

Five Below in pilot to open gaming centers in stores

Five Below is getting on board the fast-growing esports craze.

ICSC: It’s beginning to look a lot like a brick-and-mortar holiday

Physical stores will be a crucial part of a strong holiday spending season.

Yesway approaches 500-store goal with acquisition

Convenience store retailer Yesway is gaining more than 300 new stores in a single transaction.

Uber buys grocery delivery startup Cornershop

Uber continues to expand beyond its core ride-hailing business.