The longtime chief executive of Bed Bath & Beyond has stepped down amid ongoing pressure from activist investors who blame him for the chain’s faltering performance and are pushing for changes.
Hamley, the world’s oldest toy retailer, is set to be acquired by Reliance Brands Ltd., part of a Mumbai-based conglomerate owned by Mukesh Ambani, the richest man in India.
Walmart has joined the growing list of retailers who are raising the minimum age to purchase tobacco products amid mounting pressure from federal regulators to curb sales to minors.
Office Depot did not come running out of the gate in its first quarter as its transformation into a more business services-oriented company hit some roadblocks.