Rue21 to Close All Locations in Third Bankruptcy
![Rue21 to Close All Locations in Third Bankruptcy](https://globalretailoutlook.com/wp-content/uploads/2024/05/In_its_third_bankruptcy_Rue21_plans_to_shutter_all_locations.png)
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
![NY Official Inquires Best Buy's LGBTQ Support Amid Pressure](https://globalretailoutlook.com/wp-content/uploads/2024/05/top_New_York_official_asks_Best_Buy_about_its_commitment_to_LGBTQ.png)
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
![](https://globalretailoutlook.com/wp-content/uploads/2024/05/US_FCC_approves_T_Mobile_deal_to_buy_budget_provider_Mint_Mobile.png)
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
![Walmart Introduces New Grocery Line to Private Brands](https://globalretailoutlook.com/wp-content/uploads/2024/05/Walmart-adds-new-grocery-line-to-private-brands-portfolio.png)
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
![Estée Lauder CIO's Vision for AI in Beauty](https://globalretailoutlook.com/wp-content/uploads/2024/04/Estee_Lauder_CIO_wants_to_bring_AI_to_the_forefront_of_beauty.png)
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
![Ras Al Khaimah Ruler Attends AG Metal Industries Factory Opening](https://globalretailoutlook.com/wp-content/uploads/2024/04/Ras_Al_Khaimah_Ruler_witnesses_opening_of_AG_Metal_Industries_factory-1024x576.png)
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
![FTC Seeks to Halt Tapestry's Capri Holdings Acquisition](https://globalretailoutlook.com/wp-content/uploads/2024/04/FTC_sues_to_block_Coach_parent_Tapestrys_acquisition_of_Capri_Holdings.png)
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
![Express, Apparel Retailer, Files for U.S. Bankruptcy](https://globalretailoutlook.com/wp-content/uploads/2024/04/Apparel_retailer_Express_files_for_US_bankruptcy_protection_to.png)
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
![Amazon Launches Shoppable, Ad-Supported Channel on Prime Video, Freevee](https://globalretailoutlook.com/wp-content/uploads/2024/04/Amazon_introduces_shoppable_ad_supported_channel_to_Prime_Video.png)
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
![Adidas Surges 8% on Surprise Outlook Hike, Q1 Profit Boost](https://globalretailoutlook.com/wp-content/uploads/2024/04/Adidas_shares_rise_8_after_surprise_outlook_hike_first_quarter.png)
April 19, 2024 : In a positive development for investors, Adidas AG (ADS) shares surged by 8% on Wednesday following the announcement