FINANCE

Maverick completes acquisition of Kum & Go; announces leadership transition

A family-owned convenience store chain that was founded 63 years ago has been acquired.
Rite Aid reportedly prepping bankruptcy filing

Rite Aid reportedly is preparing to file for Chapter 11 bankruptcy protection in a move to deal with its debt and lawsuits related to opioid prescriptions.
Survey: Economy to impact Halloween spend; top shopping destinations are ….

Halloween has become a major event, with 87% of consumers planning to celebrate the holiday this year.
Regional specialty chain Mast General Store manages omnichannel taxes

Mast General Store is using technology to stay on top of complex tax regulations associated with store-based fulfillment of online orders.
Showing profits, Instacart files for IPO

Instacart plans to go public and revealed it has been doing quite well as a private firm.
Kimco Realty to acquire RPT Realty in $2 billion all-stock deal

Kimco Realty is expanding its portfolio in its key markets via a big acquisition.
Survey reveals consumers have economic worries

Consumers are feeling pessimistic about the economy, with possible ramifications for retailers.
Canada exit impacts Nordstrom Q2 sales as profits rise

Nordstrom Inc. cited the winddown of its Canadian operations and shift in the timing of its Anniversary Sale as impacting sales during its second quarter.

Study: Secondhand market will reach $276 billion in five years