Great American Group and Tiger Capital Group, which specialize in winding down retail chains, won the auction with a bid estimated to be worth $775.5 million, according to the sources. The pair bid against other liquidators. The money raised from the auction will be used by Bon-Ton to repay...
These trends appear to favour the continued growth of well-capitalised drug store chains that focus on a health and personal care image and emphasise conveniencedoi:10.1108/EUM0000000002954HaakeJohn H.International Journal of Retail & Distribution Management...
Many department stores opened their own discount channels to save customers, but their performance was also uneven: Nordstrom soffshoot, NordstromRack of Nordstrom, a high-end department store in the US, performed well, but by contrast, the discount stores of SaksFifthAvenue and Bloomingdale were ...
Department store chains have enough liquidity to make it about five to eight months, with their stores sitting dark, in thiscoronavirus pandemic, according to an analysis by Cowen & Co. It says that is "better than feared" because the firm does not anticipate the temporary store closures will...
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-19 five years into the pandemic associated press jan. 14, 2025 kentucky reaches $110 million deal with kroger to settle its opioid lawsuit kentucky's attorney general says the state will receive $110 million to settle its lawsuit accusing one of the nation's largest grocery chains of helping...
The spokesperson also said that the move is “politicizing business engagement” and that it is “blatant economic coercion and tech bullying”, “violates the principles of market economy and fair competition”, and “destabilizes global industrial and supply chains and hurts the interests of both...
In this episode, David Linthicum talks with Edgevana’s Mark Thiele about how blockchain has evolved and how it can help solve pressing problems ranging from protecting intellectual property and personal data, to boosting IT security, to detangling global supply chains, to democratizing computing ...
Last year, theU.S. Commerce Department broadened the export controls, sparkingprotests from China’s Commerce Ministrythat the restrictions violated international trade rules and “seriously threaten the stability of industrial supply chains." China said it would take “all...
US department store chain says worker ‘falsified documentation’ Save December 11 2024 Mergers & Acquisitions Albertsons sues Kroger after calling off $25bn supermarket merger US grocery chains cancel proposed deal after judge warns of harm to consumers and workers Save Mergers & Acquisitions Krog...