Nike (NYSE: NKE) won a lawsuit Thursday, where the federal judge mandated MSCHF, a New York Collective company, to halt sales of “Satan Shoes” it created with rapper Lil...
Tag: Retail
JCPenney has chosen to revitalize its brand, featuring spring fashion, including new merchandise offerings along all categories. From swim brands to new apparel and activewear for the home family,...
GameStop Corp. (NYSE: GME) reported an agreement with RC Ventures LLC to advance the change of the Company’s Board of directors. RC Ventures is one of the company’s largest...
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Macy’s To Close 45 Locations in the Coming Months
Macy’s (NYSE: M) revealed that it will be closing down 45 additional department stores by the middle of 2021. The closures come as no surprise as the company had...
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Owner of Pier 1 Acquires Stein Mart for $6 Million Amid Bankruptcy
Retail Ecommerce Ventures (REV), a company that has managed to flip distressed brands into successful ecommerce businesses, has now added Stein Mart to its portfolio. Big names such as...
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Sephora Set to Open Hundreds of Mini-Shops within Kohl’s by 2023
Sephora came to an agreement to open hundreds of beauty shops within Kohl’s (NYSE: KSS) stores, similar to rival Ulta Beauty’s partnership with Target. The deal is set to...
Pharmapacks, LLC reported a strategic investment of over USD 250 Million from The Carlyle Group (NASDAQ: CG), a global investment firm to accelerate the company’s growth. After the investment,...
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Walmart Scraps Contract with Robotics Company
Walmart (NYSE: WMT) has ended its contract with Bossa Nova Robotics, which provided some locations with robots that scanned shelves for inventory. The multinational retail corporation opted to replace...
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Postmates Partners with Retailers for Instant Delivery in Los Angeles
Postmates, soon to be a division of uber, announced it is launching a retail platform before the holiday season. The new space will allow customers to get quick delivery...
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“The Buzz” Show: Kohl’s (NYSE: KSS) Launches Specialty Athleisure Brand
FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Kohl’s Launches Specialty Athleisure Brand” Kohl’s (NYSE: KSS) is up over 10% from previous close by midday trading...