Gordon Brothers Proposes Acquisition to Aid Big Lots
Gordon Brothers Retail Partners proposes to acquire Big Lots' assets, covering up to $17 million in unpaid rent and fees. Learn more about this strategic move.
Topic
Retail
A collection of 121 issues
Big Lots Files for Chapter 11 Bankruptcy
Big Lots Inc. files for Chapter 11 bankruptcy, launching going-out-of-business sales at most of its 1,300 stores. Discover more about this retail giant's downfall.
Big Lots Rescue Deal Faces Creditor Opposition Amid Bankruptcy
Big Lots Inc. faces a critical juncture as creditors challenge its proposed rescue deal during bankruptcy proceedings, casting uncertainty on the retailer's future.
Holiday Retail Spending Beats Forecasts with 3.8% Growth
Discover how holiday retail spending in 2024 increased by 3.8%, outpacing the projected 3.2% growth. Explore the factors driving this retail surge.
Walmart Attracts Wealthier Shoppers, Boosts Online Services
Walmart sees a surge in higher-income customers and enhances its e-commerce platform. Discover how these strategic moves are driving Walmart's growth in 2023.
Wide-Leg Jeans Trend Spurs Sales Surge for Top Retailers
Explore how the wide-leg jeans trend is driving sales at Macy's, Abercrombie & Fitch, and Levi Strauss, with prices from $29 at Walmart to $1,200 at Gucci.
Walmart Gains Wealthier Shoppers, Amazon's Prime Day Breaks Records
Walmart attracts higher-income households and boosts online services, while Amazon launches a budget storefront and sets new Prime Day sales records. Discover retail trends.
Retail and Restaurant Bankruptcies Surge in 2024
Coresight Research reports a spike in retail bankruptcies to 48 in 2024, up from 25 in 2023, while 22 restaurant chains filed for bankruptcy, marking a four-year high.
Retail and Kitchenware Giants File for Bankruptcy Amid Economic Challenges
Retailers and kitchenware brands like Tupperware and Instant Brands face bankruptcy due to inflation and high interest rates. Discover the impact on the retail landscape.
Wide-Leg Jeans Trend Drives Fashion Sales in 2024
Discover how the wide-leg jeans trend has significantly boosted sales for fashion retailers in 2024. Explore the impact on the fashion industry now.