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Thomas Cook to shut 21 stores and cut jobs in shift to online
British travel company Thomas Cook plans to axe 320 jobs and close 21 stores in its UK retail network to cut costs as consumers increasingly shop online, it said on Friday......»»
Chelsea Handler Invests In Cannabis Content Company Civilized
A month after announcing plans to enter the retail cannabis space, comedian Chelsea Handler has taken another step in the cannabis industry and invested in cannabis-focused content company and lifestyle brand Civilized. read more.....»»
Family plans to take Swiss bank Edmond de Rothschild private
The Benjamin de Rothschild family plans to take Swiss bank Edmond de Rothschild (Suisse) S.A. private as a way to consolidate Edmond de Rothschild banking activity and make the Swiss group its operative holding company, the bank said on Wednesday......»»
Landlords to Tesla: You"re still on the hook for store leases
Tesla’s plans to save money by closing most of its retail stores and selling all cars online face a big potential hurdle: Store landlords show no signs of giving the company an easy way out of its leases......»»
Landlords to Tesla: You"re still on the hook for store leases
Tesla’s plans to save money by closing most of its retail stores and selling all cars online face a big potential hurdle: Store landlords show no signs of giving the company an easy way out of its leases......»»
Gap spinning Old Navy into separate company
San Francisco-based Gap Inc. will soon break apart into two separate publicly traded companies following a decision to spin Old Navy out from the retail icon. The company (NYSE: GPS) released plans to break Old Navy apart from its namesake and f.....»»
Sercomm to bring in strategic partners via private placement
Networking device maker Sercomm plans to issue either 48 million new shares or NT$3 billion (US$101.25 million) worth of corporate bonds through private placement, according to a company announcement......»»
One of the US"s biggest cannabis companies just laid out its plans to trade publicly
REUTERS/Chris Wattie MedMen, a cannabis retail company that operates a chain of slick, high-end marijuana dispensaries, announced it is going public through a reverse takeover. MedMen's agreement is with OutdoorPartner Media .....»»
Mapping retail in a Sprint/T-Mobile merger
Sprint Corp. will continue with plans to open more than 1,000 new stores this year despite plans to merge with T-Mobile US Inc. Sprint (NYSE:S) spokeswoman Lisa Belot wrote in an email that the company had not planned any major changes from its out.....»»
Nationwide to exit retail banking business, transfer $4.8B in deposits
Nationwide plans to end its retail bank, the fifth largest in Central Ohio. The company said Monday it would refocus its banking business, Nationwide Bank, away from retail banking in order to focus specifically on trust operations to support its ret.....»»
WeddingWire CEO details next steps after selling majority ownership
The Chevy Chase company disclosed plans to sell a majority stake to London-based private equity firm Permira for $350 million......»»
Pick n" Save parent Kroger buying Chicago meal-kit company Home Chef
In the wake of threats to the grocery industry from online grocery providers, Kroger Co. recently announced plans to purchase Home Chef, the nation's largest private meal-kit company. Kroger paid $200 million for Home Chef, and it will pay an a.....»»
WeddingWire cashes in with $350 million investment
The company plans to use the extra cash, from British private equity fund Permira, to move deeper into international markets......»»
Nordstrom plans to open at least two more stores without clothes (Photos)
Nordstrom's store without clothes must be doing well. After launching Nordstrom Local on Oct. 3 in Los Angeles, the company said Tuesday it plans to open two more in the L.A. market and is looking to expand into other cities such as Manhattan if t.....»»
Nordstrom plans at least two more stores without clothes
Nordstrom's store without clothes must be doing pretty well. After launching Nordstrom Local in October in Los Angeles, the company says it plans to open two more in the L.A. market and is looking to expand into other cities such as Manhattan if t.....»»
PayPal scoops up San Mateo AI-powered retail tech startup
PayPal Holdings Inc. on Wednesday said it plans to acquire Jetlore Inc., a San Mateo startup that uses artificial intelligence to deliver personalized retail experiences. No price was disclosed for the company, which was founded in 2011 by three Sta.....»»
Abercrombie is escaping the retail apocalypse by copying a popular startup strategy (ANF)
Business Insider/Mary Hanbury Abercrombie is shrinking the size of its stores. On Friday, in a call with investors, the company's management team outlined plans to roll out 70 smaller store locations in 2018. In 2017, the Abercrom.....»»
Mukwonago attracting more retail, industrial projects
Development is doubling down in Mukwonago, where village officials are preparing the second phase of a business park that just broke ground, and a local company plans a twin retail project to one that is running out of land on Highway 83......»»
What this Scottsdale tech company plans to do with its first private equity investment
GPS Insight’s 2017 revenue was in the $40 million range, and is growing at 20 percent, with $47 million in revenue expected this year......»»
Wells Fargo exits retail banking in 3 Midwestern states
Wells Fargo is exiting retail banking operations in three Midwestern states as the beleaguered company follows through on plans to reduce the number of locations it has open. .....»»