FINANCE

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.
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.

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.
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.
Britain’s Thomas Pink acquired by U.S.-based Luxury Group and CP Brands

Thomas Pink, an iconic British shirt and tailored clothing brand, has new owners.
New York Stock Exchanges acts to delist The Container Store

The Container Store has received more bad news.
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.
Ollie’s Bargain Outlet buying up Big Lots leases; new CEO to take reins in February

Ollie’s Bargain Outlet reported a 7.8% increase in revenue for its third quarter as it continues to expand its store count — with the help of former Big Lots locations.
Amazon to offer Intuit's QuickBooks to third-party sellers

Amazon is entering a multi-year strategic partnership designed to help its third-party sellers manage finances and compliance and gain access to capital.
Taylor Swift generates $7 billion in retail impact during 'Eras' tour

Pop music icon Taylor Swift has been very good for retailing in North America.

Albertsons sues Kroger for breach of contract, calls off merger; Kroger fires back

Macy’s ends accounting error investigation, sees no material impact; Q3 sales fall

Federal judge blocks Kroger’s $25B acquisition of Albertsons

Walgreens reportedly in talks to sell itself to Sycamore Partners

Britain’s Thomas Pink acquired by U.S.-based Luxury Group and CP Brands

New York Stock Exchanges acts to delist The Container Store

Academy Sports details 2025 store opening plans

Ollie’s Bargain Outlet buying up Big Lots leases; new CEO to take reins in February

Amazon to offer Intuit's QuickBooks to third-party sellers

Taylor Swift generates $7 billion in retail impact during 'Eras' tour