Teen fashion retailer rue21 announced some pretty major executive change-ups over the weekend that ran all the way to the top — literally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Struggling retailer Cabela’s is expecting bids this week for purchase. Early favorites include Sycamore Partners in partnership with Synchrony Financial and Bass Pro Shops with U.S. bank Capital One Financial Corp., which is interested in Cabela’s credit card business, World’s Foremost Bank, sources told Reuters. Get...
Though for a few years there it really looked like it might simply become retail standard, it seems that starting the Thanksgiving weekend sales crush on Thanksgiving may fizzle out after all. Get the Full Story Complete the form to unlock this article and enjoy...
So, how did Vacasa, the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties...
That’s a difficult question to accurately gauge, but saying that a Super Bowl halftime show performance is both a tremendous opportunity for the artist and America’s highest profile sporting event is certainly not an exaggeration (provided the artists don’t embarrass themselves). Get the Full Story...
Most U.S. shoppers said they were willing to pay more for same-day delivery service if it was something they really needed or wanted — up to a certain price point. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
I was all set to write a very different piece this week. Then I stumbled upon a Newsweek story published on February 26, 1995 titled The Internet in 1995 — blah. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
American Apparel is on the block and is in the midst of seeking a buyer for the firm, having hired Los Angeles investment bank Houlihan Lokey in that effort, Retail Dive reported. Get the Full Story Complete the form to unlock this article and enjoy...
Pier 1 is trying to protect itself from potential takeover bids. So, in order to do that, the company is invoking something known as a “poison pill” provision, also known as a “Rights Protection Agreement,” which protects the company from any single shareholder acquiring more than...