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Tapestry Acquisition of Capri Holdings, Closed $8.5 Billion Transactions

Tapestry has successfully acquired Capri Holdings for a total value of $8.5 billion. This strategic deal unites a remarkable array of iconic brands,…

Retail /

August 10, 2023

Funko lays off 12% of the workforce

Funko, renowned for its popular vinyl collectibles inspired by pop culture, has initiated a cost-cutting plan involving various measures. The company has taken…

Retail /

August 7, 2023

Walmart pays $1.4B to Tiger Global to acquire remaining Flipkart shares

Walmart has completed the acquisition of Tiger Global’s remaining shares in Indian e-commerce major, Flipkart, for $1.4 billion. This move further solidifies Walmart’s…

Retail /

August 1, 2023

Walmart Launches Store-Based Fulfillment Center in Arkansas

Walmart has inaugurated a store-based fulfillment center in Bentonville, Arkansas, marking its second market fulfillment center in the country. The facility aims to…

Retail /

May 28, 2023

Floor & Decor Opens New Store in Waterford Oaks, Orlando

To celebrate the opening, Floor & Decor is hosting a PRO VIP Grand Opening event on May 30, exclusively for builders, contractors, designers,…

Retail /

May 27, 2023

Quince Raised $77 Million in Series B Funding to Revolutionize Affordable Luxury Retail

The $77 million raised in the Series B funding round adds to Quince’s total funding amount of $141.5 million, positioning the company for…

Retail /

May 16, 2023

Gopuff Laid off over 100 of its workforce

Gopuff, the rapid-delivery startup based in Philadelphia, has announced the layoff of over 100 employees in its operations department, which accounts for about…

Retail /

March 10, 2023

Home Depot is planning to hire more than 1,500 workers in Alberta, Canada

Home Depot is planning to hire more than 1,500 workers in Alberta, Canada to support its busy spring season, the company announced on…

Retail /

March 3, 2023

Poppy Handcrafted Popcorn $3M Series A Funding Round with JACS Capital

JACS Capital, the family office of former GE CEO and investor Jeff Immelt, led the $3 million Series A funding round for Poppy…

Retail /

March 2, 2023

REI lays off 8% of HQ employees

REI has laid off 167 employees at its corporate headquarters, citing “increasing uncertainty” and the need to return to profitability. President and CEO…

Retail /

February 1, 2023

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