December 11, 2023
CE 100 Index Up 0.8% as BNPL Names Gain Ground
There are just a few weeks left to complete a volatile year, and the CE 100 Index continues to inch up, notching gains that have overtaken most benchmarks. To that...
December 07, 2023
SmileDirectClub Saga Illustrates Promise and Peril of Direct-to-Consumer Retail Models
In business, as in life, there are no guarantees of success. And to put a twist on an observation by poet Robert Burns, the best laid plans of digital, app-driven...
December 07, 2023
3,200 VC-Backed Companies Go Under in ‘Difficult Year’ for Startups
Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and...
December 05, 2023
Bankrupt Trucking Company Yellow Auctions Off 75% of Properties
Yellow, which was the third-largest carrier in the U.S. trucking industry at the time of its collapse last summer, held a court-supervised bankruptcy auction to sell off a significant portion...
December 01, 2023
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. The two luxury department store chains have been engaged in negotiations for several months but have...
November 30, 2023
FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the cryptocurrency firm permission to begin...
November 27, 2023
Buybuy Baby CEO Shares What Went Wrong and What They’re...
Earlier this year, the baby retailer buybuy BABY closed and liquidated 115 locations due to the bankruptcy of its parent company, Bed Bath & Beyond. Nevertheless, under new ownership, the once-troubled...
November 21, 2023
Main Street Business Formation Hits Headwinds as Service Sector Startups...
If startups are the lifeblood of Main Street businesses, and if optimism is what drives sole proprietors and small firms to make a go of it in the local community,...
November 21, 2023
How True Religion Is Stitching Together Its Comeback
During the early 2000s, True Religion earned praise for its distinctive designs, top-notch craftsmanship, and inventive denim strategies. However, its ascent was matched by a swift decline, culminating in its...