Retail

Big Lots has agreed to sell “substantially all” of its stores and business operations to Nexus Capital Management.

Family Dollar is leveraging artificial intelligence to enable customer-centric category management.

A 24,000-sq.-ft. stand-alone store is under construction at Eastwood Mall in Niles, Ohio.

Here are the major leadership changes that occurred during April, starting with the most recent. (All changes have already taken effect unless otherwise noted.)

REI Co-op is providing members with additional benefits during an 11-day event.

Retailers in New York State have only six months to be in compliance with most of the provisions of a new law designed to enhance workplace safety for retail workers.

The Staenberg Group estimates that its $2 billion redevelopment will take 10 to 15 years.

A new survey reveals negative consumer sentiment toward the economy, along with some potential strategies to compete in this environment.