Category: Retail News
Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy
Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that's expected to bring in more than $1 b [...]
Weekend Newsletter 2/2023
We’ll be sharing some of the latest news to keep you informed and up-to-date on everything in the wholesale industry. Tips n’ tricks, advice, hot prod [...]
Mediterranean restaurant chain Cava confidentially files for an IPO
Cava, the Mediterranean restaurant chain modeled after Chipotle, has confidentially filed for an IPO. [...]
Amid food inflation, more shoppers turn to dollar stores for groceries
Rising food costs are pushing consumers to get more creative about where they go for groceries. [...]
Nordstrom could use an activist, but Ryan Cohen might not be the right one
The activist investor is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC. [...]
Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake
GameStop Chairman Ryan Cohen is reportedly targeting former Bed Bath & Beyond CEO Mark Tritton, a member of Nordstrom's board. [...]
Kohl’s names interim CEO Tom Kingsbury to the post permanently
Kohl's has locked in its interim CEO Tom Kingsbury permanently at the helm. [...]
Starbucks misses expectations as China drags down international sales
In China, Starbucks' second-largest market, transactions at cafes open at least 13 months plunged nearly 30%. [...]
Jim Cramer’s Investing Club meeting Thursday: Meta, Eli Lilly, Estee Lauder
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Sandwich chain Subway’s sales climb as turnaround takes hold ahead of potential sale
The privately owned sandwich chain has reportedly hired advisors to explore a potential sale and is revamping restaurants. [...]