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,...
by HFT | Jan 3, 2025 | Business & Policy, Retail
Dover, Delaware — On December 31, the U.S. Bankruptcy Court for the District of Delaware conditionally approved the sale of Big Lots’ assets to Gordon Brothers Retail and transfer to Variety Wholesalers, Inc., a Top 20 home textiles retailer. At a hearing...
by HFT | Dec 31, 2024 | Business & Policy, Home Fashion
HOUSTON— Tempur Sealy International and Mattress Firm have submitted an updated plan, which guarantees the sleep retailer will keep its current percentage of “premium” mattresses from other manufacturers for five years, in response to a judge’s...
by HFT | Dec 31, 2024 | Business & Policy, Retail
Rincon, Puerto Rico– The biggest shareholder in Vera Bradley Inc. , an equity firm, is urging the board of directors to withdraw from the public market through a strategic alliance. According to Fund 1 Investments LLC, the wisest course of action for the business and...
