Rue21 to Close All Locations in Third Bankruptcy
May 8, 2024 : In a move signifying the culmination of prolonged financial struggles, teen clothing retailer Rue21 has filed for Chapter 11 bankruptcy protection
NY Official Inquires Best Buy’s LGBTQ Support Amid Pressure
May 6, 2024 : New York State Comptroller Thomas DiNapoli has raised concerns regarding Best Buy’s potential shift in its commitment to supporting LGBTQ groups.
US FCC Approves T-Mobile’s Mint Mobile Acquisition
May 3, 2024 : The United States Federal Communications Commission (FCC) has approved T-Mobile US Inc.’s acquisition of Ka’ena Corporation,
Walmart Introduces New Grocery Line to Private Brands
May 1, 2024 : Walmart has significantly bolstered its private brand offerings by introducing “Bettergoods,” a new grocery line focused on affordability,
Estée Lauder CIO’s Vision for AI in Beauty
April 30, 2024 : Estée Lauder Companies’ Chief Information Officer, Michael Smith, is championing the extensive integration of artificial intelligence (AI)
Ras Al Khaimah Ruler Attends AG Metal Industries Factory Opening
April 25, 2024 : On April 23rd, 2024, His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah,
FTC Seeks to Halt Tapestry’s Capri Holdings Acquisition
April 24, 2024 : The United States Federal Trade Commission (FTC) has filed a lawsuit to impede Tapestry Inc.’s proposed acquisition of Capri Holdings Limited.
Express, Apparel Retailer, Files for U.S. Bankruptcy
April 23, 2024 : Faced with mounting financial pressures, prominent American apparel retailer Express Inc. has filed for Chapter 11 bankruptcy protection
Amazon Launches Shoppable, Ad-Supported Channel on Prime Video, Freevee
April 22, 2024 : In a strategic move designed to further blur the lines between entertainment and commerce, Amazon has unveiled a novel shoppable channel
Adidas Surges 8% on Surprise Outlook Hike, Q1 Profit Boost
April 19, 2024 : In a positive development for investors, Adidas AG (ADS) shares surged by 8% on Wednesday following the announcement
