NRF: Holiday sales rise 5%, just miss forecastThe retail industry’s biggest sales season of the year ended on a high note, but still fell short of forecasts. Retailers’ top technology spending priorities are…A new survey reveals what technology solutions retailers plan to invest in, and why. Party City files for bankruptcy as it looks to restructure debt Party City has filed for Chapter 11 bankruptcy protection amid pullback in consumer spending and higher prices due to inflation. KPMG: Retail executives’ top challenges, priorities for 2023 are … Retail executives are worried about higher costs. Parent company of makeup brand Morphe to be acquired; files for Chapter 11 Forma Brands, the parent company of Morphe, Morphe 2 and Lipstick Queen, has agreed to be acquired in a deal that it said will position it for long-term growth. More than half of U.S. households order groceries online in December Online grocery retailers ended the year strong with $9.1 billion in total sales in December 2022, up 2.4% year-over-year. CVS Health invests in primary care provider; reportedly mulls $10 billion deal CVS Health Corp. continues to expand its footprint into a full-service health care company. Rite Aid enables in-store cash bill payment Rite Aid Corp. is launching a new financial service for customers at its stores. Adobe: Online prices fall for fourth straight month in December Holiday discounting produced a year-over-year decline in overall U.S. online prices during December 2022. Bed Bath & Beyond’s Q3 loss widens, comp sales plunge as bankruptcy looms Bed Bath & Beyond reported a wider-than-expected third-quarter loss and said it is exploring all exploring strategic alternatives. First Previous 170 171 172 173 174 Next Last
