Macy’s management ended talks with private investors attempting to take over the company and will pursue its own turnaround strategy to remake the chain.

Macy’s rejected a takeover offer and is betting on itself

Department store Macy's said Monday its board has unanimously decided to end negotiations with the activist group that had been looking to take the retailer private for roughly $6.9 billion. Arkhouse and Brigade had for months been attempting to buy out the storied retailer. Macy's is in the middle of...

Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations


				













	Kitsch has become a significant player in beauty.EXCLUSIVE: Georgia May Jagger's Pregnancy-safe Skin Care Brand May Botanicals Expands to U.S.




	The U.S. global hair care and accessories company making goods from recycled materials sold in the U.S. at Ulta Beauty, CVS, Whole Foods Market, Walgreens and Amazon, among others, is now a more than $360 million brand with 84 percent year-over-year sales growth, according to industry sources.




	In the past year alone, Kitsch has expanded globally from 25 to 95 countries with distribution in 27,000 retail locations in total, including Selfridges and Boots in the U.K., Shoppers Drug Mart in Canada, Sephora...

How Hair Accessories Brand Kitsch Became a Multimillion-dollar Business

Georgia State

iHeartRadio

The fate of the chain is now up in the air.

Another Clothing Retailer Declares Bankruptcy, Could Close All Stores

FinanceBuzz

Take a look and see if your Best Buy sadly made the list.

Best Buy Is Closing Almost 15 Stores (Is Yours One of Them?)

TheStreet

The retailer has already closed nearly one dozen locations this year alone.

Walmart suddenly closing more stores in 2024

Fox Business

E-commerce giant Amazon is preparing its most aggressive move yet against China-linked discount online retailers Temu and Shein with a bargain shop of its own.

Amazon launching Shein, Temu competitor with direct shipping from China

New Jersey State

Connecticut State

Bob’s Stores, a discount store located in northeast America, is shutting down after nearly seven decades years in business.

Bob’s Stores is closing all of its stores after 70 years in business

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contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

The Shy Green

Conn’s HomePlus, a well-known discount furniture and appliance chain, is facing some serious financial turbulence. Reports suggest they’re gearing up to file for Chapter 11 bankruptcy, a move that highlights the harsh realities many retailers are grappling with in today’s economic climate.

A discount furniture store is going bankrupt and will file for Chapter 11

According to a recent Business Insider compilation of reports from nine retail chains, over 1,330 stores across the U.S. have either closed or are scheduled to close in 2024. This figure represents a significant drop from previous years. For instance, over 2,800 stores closed last year, largely due to the downfall of Bed Bath & Beyond.

Over 1,300 US Stores Are Set To Close This Year

Major retail chains like Macy's and CVS' are being forced to close thousands of brick-and-mortar stores across the country. Over 3,400 retail stores are closing this year. That is a 22 percent increase compared to last year at this time.

Major Retail Chains to Close Over 3,400 Stores This Year, Up 22%

The US Sun

A MAJOR home goods retailer has announced that dozens of stores will close later this year.  Big Lots, a retail chain with over 1400 stores nationwide, will close around 40 stores in 2024. The company reported a net loss of over $205 million last year, Fox affiliate WFXT reported. Big Lots CEO Bruce Thorn blamed […]

‘One of my favorites,’ cry shoppers as Big Lots set to close 40 branches – customers say issue made stores ‘ghost town’

The large retailer is trying to widen a key gap.

Walmart makes major new expansion in key Amazon growth area

Indiana State

Walmart is opening five automated distribution centers for fresh food across the country. The facilities are part of a broader effort by the big-box retailer to modernize its supply chain and expand capacity to keep up with customers' online orders. Automation is also a reason why CEO Doug McMillon said...

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

Phil Norman

In a move that marks the end of an era for a century-old music retailer, Sam Ash Music's assets have been scooped up for $15.2 million. The buyer? Gonher, a Mexican-based company, which snagged the deal after a competitive auction on June 20. The acquisition was given the green light by U.S. bankruptcy judge Stacey Meisel in New Jersey just this past Friday.

Music Retailer Assets Acquired for $15.2M After May Chapter 11 Bankruptcy

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

In the world of e-commerce and fast fashion, brands struggle to ignite the same loyalty mall stores used to have. Here are some stores we wish we could shop at one more time.

10 Department Stores We Wish We Could Shop at One More Time

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

Report: Barneys New York Aims to Expand Product Offerings, Distribution

Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of...

Report: Barneys New York Aims to Expand Product Offerings, Distribution

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