Department: Nonfood Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its three strongest banners — Pet Supplies Plus, The Vitamin Shoppe and Buddy’s Home Furnishings — to remain in operation. However, large durable goods retailer American Freight will be shut down as part of […] Retail TouchPoints November 5, 2024November 5, 2024 2 min read Operations & Supply ChainBankruptcyDept. PetStore LocationDept. NonfoodAcquisitionBrick and MortarMarketing: Social MediaKohlsResults & InvestmentExecutivesPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Finance Vitamin Shoppe owner files for bankruptcy [[“value”:”Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down American Freight starting this week.”]] RetailDive November 4, 2024November 4, 2024 < 1 min read BankruptcyOperations & Supply ChainDept. NonfoodDept. Pet 0 Saving Bookmark this article Bookmarked
Corporate Finance TGI Fridays Files for Chapter 11 Bankruptcy Protection TGI Fridays filed in a Texas courtroom. RetailWire November 2, 2024November 2, 2024 < 1 min read BankruptcyKraftHeinz 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value The Weekly Closeout: Brooks Running hits revenue record and Ollie’s Bargain Outlet acquires former Big Lots stores The running brand surpassed $1 billion in global revenue year to date, while Ollie’s acquired more leases from the bankrupt discounter. RetailDive November 1, 2024November 1, 2024 < 1 min read Brick and MortarBig LotsAcquisitionBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance The Container Store could file bankruptcy if Beyond equity deal fails Despite facing several challenges, turnaround efforts are gaining momentum, CEO Satish Malhotra said. RetailDive November 1, 2024November 1, 2024 < 1 min read BankruptcyExecutives 0 Saving Bookmark this article Bookmarked
Retail Ecosystem David’s Bridal Says Yes to the Dress (Again) with New Resale Program David’s Bridal has introduced Adored by David’s, a resale program that will be managed by Arrive Recommerce. Secondhand wedding, bridesmaid and special occasion dresses, along with accessories, will be available through a curated, dedicated online storefront at 40% to 50% savings. Arrive Recommerce will be responsible for receiving and inspecting inventory, assigning value and shipping […] Retail TouchPoints October 31, 2024October 31, 2024 2 min read RecommerceMarketing: Loyalty & SubscriptionDept. ApparelConsumersOperations & Supply ChainSustainabilityBrick and MortarMarketing: Social MediaMergersResults & InvestmentTechnology & InnovationDeliveryExecutivesBankruptcyPredictions and ForecastsAssociates 0 Saving Bookmark this article Bookmarked
Corporate Finance Esprit US subsidiaries file for bankruptcy The Chapter 7 notices come in the wake of more than a dozen similar filings from Esprit Holdings affiliates around the world. RetailDive October 30, 2024October 30, 2024 < 1 min read Bankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Esprit U.S. Subsidiaries File for Bankruptcy Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US Retail Inc. (USRI), according to Fashion United. The move follows Esprit’s bankruptcy filings for its European businesses in May 2024, for the second time in four years, citing “extremely high costs due to inflation, interest rates and […] Retail TouchPoints October 30, 2024October 30, 2024 < 1 min read BankruptcyDept. ApparelPartnershipsMarketing: Social MediaInternational - UKInternationalEconomyCOVID19SustainabilityResults & InvestmentOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Just last month, Bluestar acquired luxury streetwear brand Off-White from LVMH, and one of the JV’s first […] Retail TouchPoints October 29, 2024October 29, 2024 2 min read PartnershipsAcquisitionConsumersBrick and MortarResults & InvestmentBankruptcyExecutivesMarketing: Social MediaOperations & Supply ChainMergersMarketing: BrandDept. GroceryDept. BeverageOwned Brands (Private Label)Predictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Finance Red Lobster appoints new CMO to usher in post-bankruptcy era Nichole Robillard, who recently led a rebrand for Smokey Bones, was praised for her ability to blend creative and operational expertise. MarketingDive October 24, 2024October 24, 2024 < 1 min read ExecutivesBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Lender group to buy Tupperware out of bankruptcy [[{“value”:” Dive Brief The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash. Published Oct. 23, 2024 A Tupperware bowl filled with fruit. The company’s new owners said they plan to maintain retail, e-commerce and independent sales. Courtesy of Tupperware […] RetailDive October 23, 2024October 23, 2024 < 1 min read BankruptcyResults & InvestmentDept. FreshPartnerships 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Bed Bath & Beyond Returns in Partnership with Kirkland’s More than a year after the retailer filed for bankruptcy, this partnership returns Bed Bath & Beyond to brick-and-mortar stores. RetailWire October 23, 2024October 23, 2024 < 1 min read ReturnsPartnershipsBed Bath & BeyondBrick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats BuyBuy Baby to Close all Stores by Year-End, Go Digital-First A little over a year after being acquired out of bankruptcy and reopening 11 physical stores, BuyBuy Baby has announced plans to become a digital-first brand and close all its brick-and-mortar locations by the end of this year, according to the retailer’s website. The brand was bought by baby care brand Dream on Me in July 2023 as […] Retail TouchPoints October 19, 2024October 19, 2024 2 min read Brick and MortarOperations & Supply ChainResults & InvestmentPartnershipsMarketing: Social MediaBed Bath & BeyondBankruptcyMergersExecutivesSustainabilityHoliday & Events 0 Saving Bookmark this article Bookmarked
Corporate Finance True Value Files Chapter 11 Bankruptcy and Agrees To Sell Itself to Hardware Rival True Value is selling its business operations to Do it Best Corp. RetailWire October 16, 2024October 16, 2024 < 1 min read BankruptcyTechnology & InnovationDept. NonfoodOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance True Value Files for Bankruptcy, Preps for Sale to Competitor Privately held hardware wholesaler True Value has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware as it prepares to sell “substantially all” of its business operations to rival Do it Best Corp. During the reorganization process, the 75-year-old retailer will continue to operate its 4,500 stores, which are […] Retail TouchPoints October 16, 2024October 16, 2024 2 min read BankruptcyStore LocationPartnershipsOperations & Supply ChainMarketing: Social MediaAssociatesTechnology & InnovationPredictions and ForecastsExecutivesDept. NonfoodBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance True Value files for Chapter 11 [[{“value”:” Dive Brief The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million. Published Oct. 15, 2024 A True Value freight truck. The company has about 4,500 independetly owned stores globally. Permission granted by True Value “}]] RetailDive October 15, 2024October 15, 2024 < 1 min read BankruptcyOperations & Supply ChainBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance Revlon hires CVS Health exec as CEO About a year and a half after exiting bankruptcy, the beauty giant has tapped Michelle Peluso to take the helm. RetailDive October 11, 2024October 11, 2024 < 1 min read CVSExecutivesHealth & WellnessDept. HBCBankruptcy 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Choice Market to cease operations The Denver-based retailer filed for Chapter 11 bankruptcy in May and intended to restructure. That plan fell through, CEO Mike Fogarty said Monday. RetailDive October 11, 2024October 11, 2024 < 1 min read Operations & Supply ChainBankruptcyExecutives 0 Saving Bookmark this article Bookmarked
Corporate Finance Finding the Right Financing for Your First Big Purchase Order The moment has finally arrived. You’ve connected with a retail buyer on RangeMe or at an ECRM Session, and after subsequent follow up meetings you’ve landed a large purchase order. All of the hard work – the numerous phone calls, emails, sending product samples out to various members of the retail organization – has finally […] RangeMe October 8, 2024October 8, 2024 4 min read Results & InvestmentVendorsData & InsightsBankruptcyStrategyShoppersNestleDept. DairyDept. BeverageCPG: Adult Beverage 0 Saving Bookmark this article Bookmarked
Corporate Finance Spirit Airlines Might Be Near Chapter 11 Bankruptcy Crippled with billions in debt, Spirit is reportedly talking to creditors about bankruptcy. RetailWire October 5, 2024October 5, 2024 < 1 min read Bankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Salt Life retail stores to close in bankruptcy [[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Delta Apparel Inc., parent company of the Salt Life active apparel brand, was sold through a court sanctioned bankruptcy auction to brand management entity Iconix International and Hilco for $38.74 million on Sept. 16. The purchase includes the Salt Life […] RetailDive September 25, 2024September 25, 2024 2 min read BankruptcyDept. ApparelOperations & Supply ChainBrick and MortarResults & InvestmentExecutivesInternationalConsumersDept. Adult BevDept. BeverageInternational - North AmericaMarketing: BrandRestaurantsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Holiday & Events Retailers Focus on Early Sales, Expanded Assortments to Win Holiday 2024 With the unofficial start to the holiday shopping season (Amazon’s Fall Prime Day Oct. 8 and 9) just around the corner, and consumer confidence wobbly at best, Amazon isn’t the only retailer hoping to capture some early holiday spending next month. Target, Walmart, Best Buy, Big Lots and Michaels all have announced plans for early […] Retail TouchPoints September 24, 2024September 24, 2024 6 min read Holiday & EventsTechnology & InnovationAITargetWalmartAssociatesShoppersConsumersMerchandisingDept. NonfoodBest BuyBig LotsAmazonBrick and MortarStrategyGamingOperations & Supply ChainExecutivesMarketing: UGCMarketing: In StoreBankruptcyEconomyDept. Toys & GamesMarketing: Social MediaPhilanthropyDeliveryDept. AppliancesStreamingBOPISPricing & PromotionsPredictions and ForecastsMarketing: TradeMarketing: Loyalty & SubscriptionInternational - North AmericaGovernment 0 Saving Bookmark this article Bookmarked
Corporate Finance Choice Market quietly went bankrupt this summer. Here’s how it’s moving forward. The retailer shuttered all of its c-stores in May and plans to focus on its automated Mini Mart locations if its financing gets approved, CEO Mike Fogarty said. Grocery Dive September 23, 2024September 23, 2024 < 1 min read BankruptcyBrick and MortarExecutives 0 Saving Bookmark this article Bookmarked
Holiday & Events The Weekly Closeout: Retailers gear up for the holidays, Figs opens second store [[{“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From the U.S. Postal Service’s partnership with […] RetailDive September 20, 2024September 20, 2024 5 min read Holiday & EventsDept. NonfoodPartnershipsDept. Toys & GamesDept. ApparelGovernmentExecutivesDeliveryData & InsightsShoppersHealth & WellnessPricing & PromotionsDept. PetAmazonTargetAcquisitionReturnsAssociatesCostcoMerchandisingConsumersStore LocationWalmartResults & InvestmentUnileverAgenciesESG and CSRBest BuyKraftHeinzLegal & CriminalMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: TradeOperations & Supply ChainBrick and MortarPredictions and ForecastsPress ReleaseChewyStrategyWeatherBig LotsBankruptcyMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Trends & External Forces Why Insurance is Crucial for your E-Commerce Business In today’s digital age, more people than ever are turning to the internet to shop and conduct business. This shift has led to a significant increase in e-commerce businesses. However, just like any other business, online retailers face numerous risks and liabilities that necessitate having proper insurance coverage. Here, we’ll explore why insurance is vital […] RangeMe September 20, 2024September 20, 2024 4 min read Legal & CriminalOperations & Supply ChainVendorsShoppersData & InsightsResults & InvestmentInternationalDeliveryDept. Natural / OrganicPricing & PromotionsConsumersBankruptcyDept. NonfoodAmazon 0 Saving Bookmark this article Bookmarked
Corporate Finance Bonobos goes back to basics in first campaign since bankruptcy buyout “Fit is a Feeling” is the brand’s first major multichannel campaign of the year and the first since the onetime DTC darling was bought out of bankruptcy. RetailDive September 18, 2024September 18, 2024 < 1 min read BankruptcyWalmart 0 Saving Bookmark this article Bookmarked
Corporate Finance Tupperware files for bankruptcy amid lender opposition The iconic housewares brand, famous for its direct-sales parties, has been slow to adapt to e-commerce and omnichannel retail. RetailDive September 18, 2024September 18, 2024 < 1 min read BankruptcyOmnichannel 0 Saving Bookmark this article Bookmarked
Technology & Innovation Hype Meets Retail Reality with Sucharita Kodali, VP and Principal Analyst, Forrester Research One of retail’s most insightful minds makes her triumphant return to the pod. Sucharita Kodali, Forrester’s Principal Analyst, was our very first guest when we launched the podcast in September of 2020, and now she’s back to separate the hope from the hype on key topics like the important difference between e-commerce and digital commerce […] Remarkable Retail Podcast September 17, 2024September 17, 2024 2 min read Technology & InnovationAIPodcastsMarketing: Social MediaAmazonInternational - North AmericaPredictions and ForecastsWalmartDept. GroceryMarketing: Retail MediaResults & InvestmentStrategyStreamingPartnershipsMeta (Facebook)Marketing: BroadcastBig LotsGoogleESG and CSREconomyData & InsightsBankruptcyTikTokShoppers7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Holiday & Events Big Lots brings back ‘Black Friday Fridays’ The retailer, which filed for bankruptcy last week, announced the return of the deals event offering up to 50% off select items every Friday through Dec. 6. RetailDive September 16, 2024September 16, 2024 < 1 min read Holiday & EventsBig LotsBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Big Lots gets court OK for $550M in bankruptcy financing [[{“value”:” Dive Brief The funding will allow the bargain-focused retailer to continue normal operations, including paying employees and vendors. Published Sept. 12, 2024 A Big Lots store. The retailer expects to use Chapter 11 to close stores and execute a sale to Nexus Capital Management. Courtesy of Big Lots “}]] RetailDive September 12, 2024September 12, 2024 < 1 min read Big LotsBankruptcyVendorsResults & InvestmentOperations & Supply ChainHoliday & EventsBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Kroger-Albertsons merger in court: 6 key takeaways Competition, pricing and the fate of Albertsons were key points of contention in the three court battles that unfolded over a nearly two-month period. Written by Grocery Dive November 4, 2024November 4, 2024 Saving Bookmark this article Bookmarked
Data & Insights QuickWit Weekly (11/04/24) Last Week’s Top Retail News The top retail news and most interesting & most read stories in commerce. Written by RetailWit November 4, 2024November 4, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Mass Department: Consumer Durables Acquisitions, Divestitures & Mergers Corporate Strategy Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Merchandising Stores & Formats Personalization 101: How to use simple data to create tailored retail experiences When personalization works, it feels seamless. But when it misses—like receiving offers for products you’ve already bought or irrelevant recommendations—it creates a disconnect. Personalization is incredibly powerful when done right, yet many retail businesses today are falling short. In a 2024 study, Deloitte found that 80% of consumers prefer brands that offer personalized experiences, and […] Written by RetailDive November 4, 2024November 4, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Department & Category Corporate Finance Trends & External Forces Mike Tyson Invests in Plant-Based Fast-Food QSR Mike Tyson’s latest KO move comes in the form of an investment in a plant-based QSR. In a press release on GlobeNewswire, through Carma HoldCo, Mike Tyson announced a strategic investment in Mr. Charlie’s Told Me So (TMS), a pioneering plant-based quick-service restaurant (QSR). This move comes as the plant-based food market is projected to exceed […] Written by RetailWire November 4, 2024November 4, 2024 Saving Bookmark this article Bookmarked
Retailer Media Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Retail Ecosystem Data & Insights Technology & Innovation Trends & External Forces Retail Media Insights With FMI’s Mark Baum and NielsenIQ’s Liz Buchanan The CPG Guys are joined in this episode by Mark Baum, Chief Collaboration Officer at the Food Marketing Institute and Liz Buchanan, North America President of NielsenIQ. FMI & NielsenIQ are collectively performing a joint research along with Thinkblue LLC – a consulting powerhouse that includes our co-host Sri, on the latest in retail media. […] Written by The CPG Guys November 2, 2024November 4, 2024 Saving Bookmark this article Bookmarked