by HFT | Jan 10, 2025 | Business & Policy, Retail
Macy’s has unveiled the list of 66 stores that will close as part of a larger plan to close 150 underperforming locations over the next three years. The announcement, made for the first time since the company revealed its store shutdowns earlier in 2024, focuses...
by HFT | Jan 10, 2025 | Business & Policy, Retail
Gordon Brothers has successfully completed the acquisition of Big Lots Inc., a leading Top 50 retailer, and facilitated its going-concern sale. This transaction, which was agreed upon in late 2024, enables the transfer of Big Lots’ key assets—stores, distribution...
by HFT | Jan 10, 2025 | E-commerce, Home Fashion, Retail
Wayfair, the multi-channel home furnishings retailer, has expanded its outlet footprint with the opening of a new location in Augusta, Georgia. The 26,000-square-foot outlet officially opened its doors on January 9 and is situated at 242 Robert C. Daniel Parkway at...
by HFT | Jan 10, 2025 | Business & Policy, Retail
Plano, Texas – In a strategic move to reshape the retail landscape, JCPenney has merged with SPARC Group, resulting in the formation of Catalyst Brands. This merger brings together an impressive portfolio of brands, including Aéropostale, Brooks Brothers, Eddie Bauer,...
by HFT | Jan 10, 2025 | BRAND, E-commerce, Home Fashion, Home Textile
Two years after acquiring the exclusive rights to market Kenneth Cole in Israel, the Hamashbir Lazarchan chain continues its expansion with the launch of a new, standalone e-commerce site for the brand. The new website will offer a diverse range of products including...
