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Aaron’s Beats Q2 Expectations With Help From BrandsMart

Aaron’s Beats Q2 Expectations With Help From BrandsMart

by Mike Duff | Jul 26, 2022 | Retail Articles

The Aaron’s Co., an omnichannel provider of lease-to-own and retail purchase operations posted second-quarter financials that are the first that incorporate results from BrandsMart U.S.A., acquired April 1. Aaron’s net loss was $5.3 million, or 17 cents per...
Kohl’s McFeeney Takes Over Chief Technology Post

Kohl’s McFeeney Takes Over Chief Technology Post

by Mike Duff | Jul 19, 2022 | Retail Articles

Kohl’s Corp. chief technology and supply chain officer Paul Gaffney is departing the company effective August 1, the company reported in a filing with the United States Securities and Exchange Commission, which added that Siobhán McFeeney had been promoted to chief...
Lenox Extends Tabletop Offering With Cambridge Acquisition

Lenox Extends Tabletop Offering With Cambridge Acquisition

by Peter Giannetti | Jul 12, 2022 | Beverageware, Featured News, Flatware, Tableware

Lenox Corporation has widened its tableware portfolio by acquiring Cambridge Silversmiths, Ltd., Inc. The deal includes existing Cambridge-branded tabletop products, including flatware and drinkware, but it does not include the Thirstystone brand, according to Lenox....
Kohl’s McFeeney Takes Over Chief Technology Post

Kohl’s Passes On Sale Despite Softening Business

by Mike Duff | Jul 5, 2022 | Featured News, Retail Articles

Kohl’s Corp., after a period of turmoil and evaluation, has passed on a potential sale of the company. Kohl’s reported it will continue with its established strategic direction, although it is predicting lower-than-originally-expected second-quarter results. The...
Kohl’s McFeeney Takes Over Chief Technology Post

Kohl’s Enters Exclusive Acquisition Talks with Franchise Group

by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles

After weeks of speculation about its future as it fended off an activist investor Macellum Advisors through a proxy fight, Kohl’s Corp. has announced that, following the receipt of final proposals, its board of directors had entered into exclusive negotiations with...
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