Kroger, Albertsons look to save merger deal by selling more stores The Kroger Co. and Albertsons Cos. are expanding the number of stores they plan to sell in a bid to gain regulatory approval for their long-delayed $25 billion merger. Express files for bankruptcy; to close more than 95 storesExpress, Inc. has filed for bankruptcy with plans to sell itself. comScore: Online retail sales break record with $1.3 trillion in 2023 U.S. consumers continue to spend more online, via both desktop and mobile. Big Lots enhances liquidity, adds borrowing capacity Big Lots has increased its borrowing capacity by up to $200 million. Nordstrom family confirms interest in going private The founding family of Nordstrom Inc. is once again interested in taking the 123-year-old department store company private. Report: FTC may block sale of Michael Kors parent to Coach parent Tapestry A $8.5 billion acquisition of three luxury brands may be in jeopardy. Done Deal: 7-Eleven completes $1 billion acqusition of Stripes Stores 7-Eleven has expanded its footprint in three states. Children’s Place boosts liquidity with additional funding from Saudi investing firm The Children’s Place Inc. has received a second loan from its majority shareholder, Mithaq Capital SPC. TGI Fridays to be acquired by U.K. company TGI Fridays is combining its business with its its largest global franchisee in a deal that will put it on the London Stock Exchange. Census Bureau: Retail sales show healthy March growth Data released by the U.S. Census Bureau shows retail sales continued to increase in March. Tesla reportedly laying off more than 10% of workforce A leading manufacturer and retailer of electric vehicles (EVs) will reportedly trim headcount. Mastercard SpendingPulse: March retail sales rise across channels New data from Mastercard shows that consumers increased year-over-year spending in stores and online during March 2024. First Previous 95 96 97 98 99 Next Last
