Walgreens plans on closing 1,200 stores. The drugstore retailer’s plans reverse its expansion ambitions from a few years ago, when the company attempted to merge with rival #RiteAid #Walgreens
Retail Dive
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We provide business journalism and in-depth insight into the most impactful news and trends shaping retail and ecommerce
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Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter and website cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 13+ million decision-makers in the most competitive industries.
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动态
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On Monday, hardware store True Value filed for Chapter 11. The 75-year-old brand, whose stores are largely excluded from the #bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million.
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Urban Outfitters dropped prices on over 100 styles. The brand’s North American head previously acknowledged that?“customers perceive us as expensive.” #UrbanOutfitters #pricedrop
Urban Outfitters drops prices on over 100 styles
retaildive.com
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Authentic Brands Group and #Saks teamed up on #luxury joint venture. Growth of a slew of Authentic-owned labels will follow the pattern set by Barneys New York, which the brand-management firm acquired in 2019.
Authentic Brands Group, Saks team up on luxury joint venture
retaildive.com
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The Container Store adopted a limited duration stockholder rights plan — also known as a poison pill — effective immediately. #containerstore
The Container Store adopts poison pill
retaildive.com
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Looking to replace #pumpkinspice? Stop looking. One day?there may be another?innovative product that hits the cultural zeitgeist, but even then?experts say?the fall favorite is?here to stay.
Looking to replace pumpkin spice? Stop looking.
retaildive.com
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Tempur Sealy sued the #FTC over Mattress Firm's acquisition challenge. If the overall deal goes through, #TempurSealy would sell?176 stores to?rival Mattress Warehouse and operate over 2,800 retail stores worldwide.
Tempur Sealy sues FTC over Mattress Firm acquisition challenge
retaildive.com
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Go Global acquired Hatch maternity brand. The label will team up with Janie and Jack, an upscale children’s apparel retailer the investment platform acquired from Gap Inc. in 2021. #acquisition
Go Global snaps up Hatch maternity brand
retaildive.com
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The Sill closed its final store and shifts back to online-only business. The #DTC plant company said that shuttering its brick-and-mortar locations was the best way to support product expansion and maximize customer reach. #TheSill
The Sill closes its final store, shifts back to online-only business
retaildive.com
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The Aaron’s Company goes private in a $504M deal. Fintech company IQVentures acquired the lease-to-own retailer, which?has?seen revenue fall over the past year. #aarons
The Aaron’s Company goes private in $504M deal
retaildive.com