L’Occitane files for bankruptcy; to reduce store footprintThe U.S. arm of L’Occitane en Provence has filed for Chapter 11 bankruptcy protection as it looks to cut costs and reduce its store portfolio amid pandemic-related business disruption. Shipt offers one-time shopper bonuses of up to $500A Target-owned online delivery platform is rewarding shoppers who stayed busy little elves during the 2020 holiday season. Best Buy commits $44 million to expand college, career opportunities Best Buy is expanding upon its efforts to support black, indigenous and people color (BIPOC) students. Report: Hudson’s Bay looking to take Saks.com public Saks Fifth Avenue’s brick-and-mortar operation may end up being a separate company from its online business. Study: Digital, e-commerce gift card sales surge during holidays Holiday shoppers flocked online in 2020, and purchased a lot of gift cards while they were connected. Parent company of Winn-Dixie, Fresco y Mas and other banners launches IPO Southeastern Grocers Inc. has set terms for its initial public offering. American Eagle focused on Aerie growth; to close hundreds of stores in coming years American Eagle Outfitters is focused on growing its Aerie banner as it plans for the future. Alimentation Couche-Tard drops bid for French retailer Alimentation Couche-Tard Inc. has dropped its plans to buy Carrefour SA, but the two retailers plan to look for opportunities to work together. Report: Belk in talks with top lenders to avoid bankruptcy filing The major lenders of Belk are in discussions with the department store chain to keep it out of bankruptcy, reported The Wall Street Journal. Survey: Despite staffing problems, most stores had successful holiday Issues such as COVID-19 impacted store operations during the 2020 holiday shopping season, but most retail stores avoided a sales decline. Done Deal: Friendly’s Restaurants acquired Amici Partners Group has expanded its growing restaurant portfolio. Done Deal: Bed Bath & Beyond complete sale of Cost Plus World Market Bed Bath & Beyond Inc. has officially completed the sale of its last remaining non-core buyer. First Previous 254 255 256 257 258 Next Last
