Financial News

TJX Expands to Mexico Through New Joint Venture with Grupo Axo

TJX — the parent company of TJ Maxx, Marshalls, HomeGoods and Sierra — has entered a joint venture with the South American multi-brand retailer…

Walmart, Capital One End Contentious Credit Card Partnership

Capital One Financial and Walmart have officially ended a partnership that had designated Capital One as the exclusive issuer of Walmart consumer…

Federal Watchdog Institutes Consumer Protections for BNPL Purchases

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that buy now, pay later (BNPL) lenders are in essence…

Under Armour Launches Restructuring Plan as Declines Continue

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024),…

Esprit Files for Bankruptcy in Europe, Again

Fashion brand Esprit has filed for insolvency in Europe citing “extremely high costs due to inflation, interest rates and energy prices, the…

The Container Store Receives Delisting Warning from NYSE

The New York Stock Exchange (NYSE) has warned the Container Store that it is at risk of being delisted because its average…

Troubled Ted Baker Brand Begins Store Closing Sales in North America

Ted Baker Canada, which controls business operations for Ted Baker in Canada, Ted Baker Ltd. in the U.S., and Brooks Brothers and…

Simon Sells Off Authentic Brands Group Stake, Will Put up No Capital for Express

The biggest mall owner in the U.S., Simon Property Group, is making some shifts in its “side hustle” as a brand owner….

Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores

Seven years into its most recent comeback, teen fashion retailer Rue21 has filed for its third bankruptcy, citing “the continued growth of…

Former L’Occitane CEO Looks to Acquire, Privatize the Company

L’Occitane Groupe, the controlling shareholder of L’Occitane International, has submitted an offer to acquire the remaining shares of the French beauty retailer…

Joann Ready to Reemerge from Bankruptcy as Private Company

Crafting retailer Joann expects to emerge from bankruptcy in the next few days, a little over one month after it first initiated…

Furniture Retailer Moves to 100% Employee Ownership Model

Room & Board has transitioned to a 100% Employee Stock Ownership Plan (ESOP), giving its 1,100 employees a financial stake in the…

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Financial News

TJX Expands to Mexico Through New Joint Venture with Grupo Axo

Walmart, Capital One End Contentious Credit Card Partnership

Federal Watchdog Institutes Consumer Protections for BNPL Purchases

Under Armour Launches Restructuring Plan as Declines Continue

Esprit Files for Bankruptcy in Europe, Again

The Container Store Receives Delisting Warning from NYSE

Troubled Ted Baker Brand Begins Store Closing Sales in North America

Simon Sells Off Authentic Brands Group Stake, Will Put up No Capital for Express

Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores

Former L’Occitane CEO Looks to Acquire, Privatize the Company

Joann Ready to Reemerge from Bankruptcy as Private Company

Furniture Retailer Moves to 100% Employee Ownership Model

On the Verge: Embracing Gaming Communities to Drive Commerce

The Power of Unified, All-in-One Retail Platforms to Unlock Operational Efficiency and Better Business Outcomes

Retail Giants in 2024: Walmart, Costco and Target’s Competitive Edge

Prices Top Priority Lists for 46.1% of Back-to-School Shoppers

The Retailer’s Ultimate Guide to CTV Performance Measurement

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