by HFT | Jan 11, 2025 | Business & Policy, Industry Updates, Retail
IKEA U.S. is happy to announce that on Wednesday, January 15, 2025, the new IKEA Memphis store design will be unveiled. With a grand ribbon-cutting ceremony starring the amazing HGTV celebrity Carmeon Hamilton, the celebrations will begin at 11 a.m. IKEA Memphis has...
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 | 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 | Business & Policy, EVENT UPDATE
TOKYO–Yagi & Co., Ltd. (TOKYO:7460)— LAVATECH will be introduced for the first time at the Heimtextil Exhibition, an international trade show for contract and home textiles, in Germany (https://www.yaginet.co.jp/en/index.html). Using specialized technology,...
