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2024 in Retail: Navigating Twists, Turns, Transformation

2024 in Retail: Navigating Twists, Turns, Transformation

by Chandler Harvey | Dec 20, 2024 | Retail Articles

Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Kirkland’s Extends Deadline for Beyond Deal Shareholder Voting

Kirkland’s Extends Deadline for Beyond Deal Shareholder Voting

by Mike Duff | Dec 20, 2024 | Retail Articles

Kirkland’s has extended the voting deadline for its upcoming special shareholders meeting originally scheduled for December 23 involving the partnership and investment deal it struck with Beyond. Kirkland’s noted preliminary results suggest its shareholders...
New York Stock Exchange Moves To Delist The Container Store

New York Stock Exchange Moves To Delist The Container Store

by Mike Duff | Dec 10, 2024 | Retail Articles

The Container Store’s difficulties continue with the New York Stock Exchange announcing it has begun proceedings to delist the common stock of The Container Store Group from the market. The NYSE move follows an announcement by Beyond that a deal that would have...
Kirkland’s Extends Deadline for Beyond Deal Shareholder Voting

Kirkland’s Touts Beyond Deal After Narrowing Q3 Adjusted Loss

by Mike Duff | Dec 6, 2024 | Retail Articles

Kirkland’s touted opportunities presented by its recent deal with Beyond while reporting a reduced adjusted loss and positive  comparable store sales in its third quarter. Net loss in the quarter was $7.7 million, or 59 cents per diluted share, versus a net loss...
New York Stock Exchange Moves To Delist The Container Store

Container Store Financing Woes Endanger Beyond’s Purchase Deal

by Mike Duff | Nov 21, 2024 | Featured News, Retail Articles

Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
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