Macy’s reportedly receives $5.8 billion buyout offer from investor group Macy's, Inc. may be going private. PREIT files for Chapter 11, malls to stay open during restructuringThe mall owner commits to paying vendors, suppliers, and employees during the proceedings and expects to emerge from bankruptcy by February. Swarovski opens largest-ever store in NYC World-famous jewelry brand Swarovski has opened its newest location: its largest-ever flagship store on New York City’s Fifth Avenue. NRF: U.S. economy on track to end year on high note The U.S. economy is closing out 2023 in good health, according to the National Retail Federation (NRF). Amazon reportedly pilots Prime grocery subscription Amazon is reportedly testing a service that provides free delivery on grocery orders to Prime members for a monthly fee. NRF: Imports peaked in October, volume expected to increase in 2024 Incoming cargo volume at America’s container ports is expected to slow down in the final weeks of the year after peaking later than expected. Adidas opens metaverse pop-up shops on Roblox Adidas is offering digital wearables and accessories via a popular immersive gaming platform. Survey: Majority of consumers open to receiving secondhand holiday gifts With shoppers remaining budget-conscious ahead of the holidays, a vast majority of consumers are open to receiving secondhand gifts this year. Amazon to stop accepting Venmo payments After a little more than a year of letting customers make purchases via the Venmo digital payment solution, Amazon is changing course. Kroger launches pharmacy benefits program Kroger is expanding its attempts to save customers money on their medications. C-Suite Moves: November report Here’s a look at the major C-suite appointments that occurred during the month of November (listed in the order they were announced). Torrid drops interim tag from CFO Torrid Holdings Inc. has promoted its interim CFO into the full role as of Dec. 4. First Previous 827 828 829 830 831 Next Last
