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Aims to having cycling line by mid-2018
Lululemon (Vancouver, British Columbia) has made a minority investment in 7mesh Industries, a cycling apparel startup. The...
Brian Nicholson appointed interim ceo
Specialty grocery retailer The Fresh Market (Greensboro, N.C.) announced that its ceo, Rick Anicetti, has resigned. Brian...
Amazon deal makes him worth $75 million
John Mackey, founder and ceo of Whole Foods (Austin, Texas), says he will stay on as top executive in light of Amazon (...
Debuts temporary space in New York
St. Ives, a skincare brand owned by Unilever (Englewood Cliffs, N.J.), has opened a pop-up store in New York's SoHo...
Agreement trims debt load and ends litigation
J.Crew (New York) has entered an agreement that cuts its $2 billion debt and ends intellectual property litigation. The...
Reveals Bonobos CEO Andy Dunn will oversee...
Today Walmart Stores Inc. (Bentonville, Ark.) confirmed months of speculation surrounding its rumored $310 million...
The e-commerce giant makes its biggest push yet...
Amazon (Seattle) announced this morning that it will acquire Whole Foods Market (Austin, Texas) for $13.4 billion to expand...
Jeff Gennette now owns 89,053 shares
Macy's Inc. (Cincinnati) CEO Jeff Gennette recently bought 13,085 shares of Macy's stock valued at $300,299,...
Fast-fashion teen retailer operates 80 stores
Cornerstone Apparel (Commerce, Calif.), which does business under the name Papaya Clothing, has filed for Chapter 11...
The company is laying off 2 percent of its...
Nike Inc. (Beaverton, Ore.) announced a restructuring that lays off 1400 of its workforce as it reduces the numbers of...

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