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...
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...
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....
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...
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...