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Macy’s Rejects $5.8B Take Over Bid From Ark Management Prior to Layoffs, Store Shutdown
Macy's rejects Arkhouse's $5.8B bid due to financing concerns amidst job cuts and store closures.
Latest News
Costco Accelerates Nationwide Expansion: New Stores Opening Across the US
Costco's expansion: New stores nationwide and in China. Plans to open 31 new stores in 2024. Membership fees are unchanged for now.
Regal Cinema Closings 2024: Is the Movie Theater Near You Included? Here’s the List of Locations
Regal Cinema closes 39 US theaters amid Cineworld's financial woes and industry challenges post-pandemic. Efforts to save the remaining locations are ongoing.
Walmart's Major Change in Retail: Launches Drone Delivery in Dallas with Shopping Restrictions
Walmart's major change expands drone delivery in Dallas, offering quick groceries with item restrictions, aiming to transform shopping convenience.
Innovative Partnership: Walgreens Backs Chick-fil-A's Plan to Speed Up Drive-Thru Service
Chick-fil-A and Walgreens partner in Savannah to streamline drive-thru, easing parking lot congestion.
Farewell to a Road Trip Staple: Kum & Go Bids Goodbye with Major Rebranding
Kum & Go rebrands as Maverik, impacting 140 stores and eliciting customer nostalgia. (Photo : Unsplash/ RobinsonGreig) In multiple states, locals express sadness over the disappearance of the beloved Kum & Go convenience store chain, often called the highlight of their road trips.
Walmart's Major Change for Workers: A Decade's First in All 4,700 Stores
Walmart's major change raises store manager salaries across 4,700 stores, reflecting a significant shift in employee investment and satisfaction.
Champs Sports Announces Closure of 125 Stores Nationwide in 2024, Shifting Focus
Champs Sports will close 125 stores nationwide in 2024, shifting its retail strategy. (Photo : Pixabay/kinkate) Champs Sports, a popular athletic clothing store, has announced plans to shut down 125 shops throughout the United States in 2024.
Goodbye to the Big Screen: Regal Cinema's Closure Shakes Movie Industry and Fans
Regal Cinema closes after 30 years, shocking fans and impacting the movie industry amid declining attendance and rising costs.
Sam's Club's Innovative Receipt Checking Tech Gains Praise; Urges Competitor to Follow Suit
America's Sam's Club innovates with AI and Scan-and-Go receipt checker, urging competitors like Costco to adopt similar tech for faster, accurate checkout.