1. International

JD Sports Bids for Hibbett in $1.08 Billion Deal

Written by Posted on Less than 0 min read

JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Corporate Purpose

Bud Light tries to ‘evolve and elevate’ its marketing

Some Americans object to any attempts made by brands to be more inclusive in their marketing efforts. That is true of Bud Light, which faced protests after including a transgender woman, Dylan Mulvaney, in its advertising. Alissa Heinerscheid, vice president of marketing at Bud Light, said the brand has no choice to “evolve and elevate” […]
< 1 min read
0
  1. Holiday & Events

Chocolate Prices Continue To Soar as Cocoa Shortage Crisis Takes Shape

Valentine’s Day enthusiasts might need to brace themselves for a bitter surprise this year as cocoa prices soar to unprecedented levels. View Original Article Holiday & Events RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Channel: Specialty & Other

Candy brands urged to reduce lead and cadmium in dark chocolate

Consumer Reports has called on Hershey, Mondelez, Theo Chocolate and Trader Joe’s to reduce the amount of lead and cadmium in their dark chocolate products. Long-term exposure to these metals can cause immune system suppression, kidney damage and nervous system issues. View Original Article Trader Joes Consumers Mondelez RetailWire Member since October 25, 2020 Loading […]
< 1 min read
0
  1. Shopper & Customer

Bud Light launching new ad campaign

Bud Light is launching its new “Easy to Summer” ad campaign using a light-hearted approach to connect with consumers. “Bud Light established our Easy to Drink, Easy to Enjoy platform at the Super Bowl, and we are continuing to build on that message as we unveil our new ‘Easy to Summer’ commercial to officially kick… […]
< 1 min read
0
  1. Uncategorized

Delta Air Lines Flight Turned Back Due to Maggots Incident

On a recent Delta flight from Amsterdam to Detroit, passengers found themselves in an unexpected situation. Philip Schotte, a traveler from Iowa, witnessed maggots falling onto a woman seated beside him from an overhead bin. This bizarre incident led to the plane making a U-turn just an hour after takeoff. View Original Article RetailWire Member […]
< 1 min read
0
  1. Department & Category

FDA plans to redefine ‘healthy’ and food brands don’t like it

The Food and Drug Administration aims to require reduced counts of saturated fat, salt and sugar in processed foods for them to qualify them as “healthy” under its definition. Food companies are not on board with the FDA’s plans. “It is our strong conviction that if FDA’s proposal is adopted in its current form, companies […]
< 1 min read
0
  1. Shopper & Customer

Consumers cut back in some places and splurge in others

High prices are prompting consumers to reduce or trade down on many everyday goods they purchase. For some this allows them to splurge on other items. “I may be wearing scratchy Amazon pajamas to bed, but at least my ($600 Italian linen) sheets are lovely,” said Davina Pike Ogilvie, a mother of two from Brooklyn, […]
< 1 min read
0
  1. Channel: Mass

Target Workers Terminated for Buying Popular Stanley Cups

A limited-edition Stanley Quencher cup was briefly on sale at Target for $50, but some employees are paying a bigger price for them. A limited-edition Stanley Quencher cup was briefly on sale at Target for $50, but some employees are paying a bigger price for them, reports Business Insider. Speaking to Business Insider, Araceli Bernal, a Target employee, […]
2 min read
0
  1. Corporate Strategy

Jessica Alba Steps Down as CCO of Honest Company

Honest Company founder Jessica Alba is stepping down as the chief creative officer of the company she helped found in 2012. View Original Article Editor's Choice Executives RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years […]
< 1 min read
0
  1. Trends & External Forces

Kaiser Discloses Health Insurance Data Breach

Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter). View Original Article Data & Insights Marketing: Social Media Legal & Criminal Health & Wellness Google Twitter RetailWire Member since […]
< 1 min read
0
  1. Holiday & Events

Christmas sales drove online spending higher last month

Early Christmas sales by Amazon, Walmart and others helped drive a 10.9 percent increase in online spending in October, according to Adobe Analytics. Big discounts on such items as computers and televisions helped drive sales of high-ticket items. View Original Article Walmart Data & Insights Marketing: Trade Pricing & Promotions Technology & Innovation Holiday & […]
< 1 min read
0
  1. Channel: Specialty & Other

Best Buy expects a down year

Best Buy was one of the biggest beneficiaries of the work and study-from-home phenomena that resulted from COVID-related shutdowns in 2020 and 2021. The consumer electronics retailer saw its sales take a step back in 2022 and expects another decline this year. View Original Article Dept. Nonfood Best Buy Dept. Consumer Electronics Consumers COVID19 RetailWire […]
< 1 min read
0
  1. Holiday & Events

Temu tells Super Bowl watchers they can ‘shop like a billionaire’ on its app

Temu is looking to replicate the success of Shein in the U.S. The online site’s Super Bowl commercial played up how much money shoppers can save. “The prices blow my mind. I feel so rich. I feel like a billionaire. I’m shopping like a billionaire,” says Temu’s jingle. View Original Article Shoppers Holiday & Events […]
< 1 min read
0
  1. Technology & Innovation

New Apple Card savings account pays 4.15 percent interest

Apple is launching a savings account through Goldman Sacks that pays a 4.15 percent interest rate with doesn’t require a minimum deposit or balance. The tech giant said users could set up an Apple Card savings account from the Wallet app on their iPhones. Daily Cash rewards earned using the ApplreCard will be automatically deposited […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond files price gouging complaint against ocean carrier

Bankrupt Bed Bath & Beyond has filed a complaint with U.S. maritime regulators alleging that Orient Overseas Container Line engaged in “brazen price gouging and profiteering” to the tune of $31.7 million in extra freight charges. The company seeks to recoup the costs as it goes through its bankruptcy proceedings. View Original Article Bankruptcy Bed […]
< 1 min read
0
  1. Channel: Delivery

New DoorDash Customers Are Turning to the App for Grocery Deliveries and Flowers, Not Just Restaurant Meals

DoorDash is experiencing a rise in orders from new customers seeking non-restaurant items such as groceries and flowers, with CEO Tony Xu noting that the company attracts more first-time non-restaurant customers than any other platform. The company’s expansion into the grocery sector has led to a surge in total orders, reaching 532 million in a… […]
< 1 min read
0
  1. Corporate Strategy

Anheuser Busch Beers To Star in Super Bowl Ads

Anheuser Busch has uncorked its new campaign strategy. On Thursday, the brewing company revealed its plans to feature three of its popular beer brands — Bud Light, Budweiser, and Michelob Ultra — during the Super Bowl broadcast. View Original Article CPG: Adult Beverage Dept. Adult Bev Dept. Beverage Strategy Holiday & Events RetailWire Member since […]
< 1 min read
0
  1. Department: Consumer Durables

Seller says Yeezy demand grew after Adidas canceled its deal with Ye

John Mocadlo, CEO of Impossible Kicks, said that his company saw demand for Yeezy sneakers and clothing jump 30 percent in October and November last year. The spike occurred after Adidas ended of its brand partnership with Ye (formerly known as Kanye West) after the rapper made a series of antisemitic remarks in interviews and […]
< 1 min read
0
  1. Shopper & Customer

November’s retail sales show that Americans went shopping in October

Retail sales for November fell 0.6 percent, below the 0.3 percent drop expected by Wall Street, reflecting that consumers began their Christmas and holiday season shopping in October. Sales were up 6.5 percent year-over-year, below the 7.1 percent Consumer Price Index inflation rate. View Original Article Editor's Choice Consumers Economy Holiday & Events RetailWire Member […]
< 1 min read
0
  1. Corporate Strategy

Nordstrom cuts forecast after Christmas sales disappoint

Nordstrom has lowered its sales and profit outlook for 2022 following a decline of 1.7 percent in the chain’s net sales for the last nine weeks of 2022. Nordstrom Rack, the retailer’s off-price business, saw sales fall 7.6 percent during the same period. “The holiday season was highly promotional, and sales were softer than pre-pandemic […]
< 1 min read
0
Next