by Mike Duff | Mar 18, 2025 | Retail Articles
Beyond, saying it needs to focus on its core properties, has entered into a definitive agreement to sell the majority stake in its Zulily business to Lyons Trading Co., operator of online offpricer Proozy.com. Shortly before revealing the Zulily sale, Beyond announced...
by Mike Duff | Feb 25, 2025 | Retail Articles
Beyond, Inc. Executive Chairman Marcus Lemonis, in a conference after Beyond reported fourth-quarter results short of Wall Street estimates, said he believes the company has left its worst days behind and is on the road to profitability. Net loss for Beyond was $81.3...
by Mike Duff | Feb 18, 2025 | Retail Articles
With the recently concluded Beyond deal confirmed by shareholders, Kirkland’s is updating its strategic initiatives and detailed plans to advance on the path to profitability. Kirkland’s also provided preliminary financial results for the fiscal 2024 fourth...
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...
by Peter Giannetti | Nov 18, 2024 | Retail Articles
The Container Store Group received an extension on its deadline to secure a qualified financing transaction from November 14, 2024, from today to December 6, 2024. The Container Store entered into an amendment on October 8, 2024, to its existing term loan credit...
