News

Done Deal: Serta merges with retail up-start

The merger between a legacy mattress company and a fast-growing, direct-to-consumer brand has been completed.
Walgreens Boots to pay $34.5 million penalty to SEC

Walgreens Boots Alliance has reached a settlement with the Securities and Exchange Commission regarding allegations that two of the chain’s former executives misled investors.
Giant Eagle in c-store acquisition

Giant Eagle Inc. is expanding its footprint in Indiana.
J.C. Penney hit with another major C-suite exit

J.C. Penney is now looking for a CEO and a CFO.
Rite Aid overhauls board after failed merger

Rite Aid announced a number of changes to its board on Thursday, nearly two months after the chain and Albertsons Companies called off their proposed $24 billion merger.
Bed Bath & Beyond Q2 misses Street

Strong digital growth was once again offset by declining store sales during Bed Bath & Beyond’s second quarter.
Former Tommy Hilfiger exec to lead Under Amour marketing

An athletic gear and apparel brand has named a new marketing chief.
Where will consumers do their holiday shopping this year?

Consumers have no intention of exclusively shopping online this holiday season.