FINANCE

Best Buy is making a big investment to create a stronger community of diverse suppliers and to help increase Black, Indigenous and people of color representation in the tech industry.

Hibbett has changed its name to better reflect its expanded fashion focus. 

The resale market is expected to double in the next five years.

PVH Corp. is exiting its Heritage Brands business as it focuses on its two powerhouse brands. 

Eyeglass retailer Warby Parker has confidentially filed for an initial public offering.

Gopuff is acquiring a routing technology provider and a Kentucky liquor store chain as it eyes growth across the U.S. and beyond.

E-commerce is expected to build on its strong 2020 performance, with strong Prime Day sales contributing.

Another big split for Saks — this time for off-price business Saks Off 5th is following the lead of its full-price namesake.

The Westfield Broward Mall in Plantation, Fla., once one of the most popular shopping destinations in the state, has been abandoned by Unibail Rodamco Westfield. 

Spending at both physical stores and e-commerce is exceeding pre-pandemic levels.