Billionaire shopping mall magnate David Simon said Monday a 30% six-month drop in shares of Simon Property Group presents a more compelling investment opportunity than making a reputed bid for embattled department store chain Kohl’s. Get the Full Story Complete the form to unlock this article...
Today in retail, Kohl’s board of directors is fighting a takeover bid by an activist investor, while Hasbro’s board urges shareholders to keep them and Puma is trying to capture the women’s market. Plus, grocery stores’ in-store apps make shopping an omnichannel experience, PayPal is...
Demand for casual clothes, streetwear and athletic footwear may still be the hottest corner of the apparel universe but the sector’s top players are all struggling to find traction in a slippery and changing marketplace. Get the Full Story Complete the form to unlock this...
The board of directors for play and entertainment company Hasbro told shareholders in a letter Monday (May 9) that the current group deserves their support when they vote during the company’s annual meeting next month, despite efforts by activist investors Alta Fox to shake things...
Even in-store shopping is now a digital experience for many shoppers, and savvy grocers are taking advantage of this trend to boost loyalty while learning more about their customers’ behavior. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Convenience store retailer 7-Eleven is giving up-and-coming brands an opportunity to grow and be put on its store shelves through the annual Brands with Heart initiative, according to a Monday (May 9) press release that kicks off the application process, which runs through the end...
As if the furniture business were not facing enough challenges already, the industry’s largest player is looking to capitalize on the present turmoil with a fresh competitive threat to its struggling rivals. Get the Full Story Complete the form to unlock this article and enjoy...
Sweetgreen, the Los Angeles-based, health-focused fast-casual chain with over 150 restaurants, is looking to combine a subscription model with more traditional restaurant rewards to boost loyalty with digital customers going forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in retail, Goodyear overcomes supply chain disruptions to record its best first-quarter results in a decade, while Unilever teams with Robomart on hail-able ice cream trucks in Los Angeles. Plus, hiring in retail and hospitality sectors boosted April U.S. job growth, Amazon enters unprecedented...
