The company that has given Pier 1 imports, dressburn and model sporting goods a second chance in life is adding another monstrous retailer to its empire: Stein Mart. Miami-based retail ecommerce ventures have emerged victorious in a bankruptcy court auction for the intellectual property of Stein Mart, the company announced …
Read More »Deere, Foot Locker, Tesla and more
John Deere combinators will be appearing on Tuesday, August 28, 2018 at the Farm Progress Show in Boone, Iowa, US. Daniel Acker | Bloomberg | Getty Images Check out the companies that make headlines in the afternoon trade. Deere – Shares of farm machinery company rose 4.7% Friday after Deere …
Read More »These retailers have most of the stores where there are cases of coronavirus
A buyer buys at a Ross store. Francis Dean | Corbis | fake pictures As coronavirus cases increase at various hot spots across the country, some retailers may be at greater risk than others of having to close their stores again. Covid-19’s higher rates have tended to follow state and …
Read More »Resale market is expected to be valued at $ 64 billion in 5 years
A ThredUp warehouse. Source: ThredUp Despite the coronavirus pandemic that is affecting much of the retail industry and holding back clothing sales, the second-hand clothing market is expected to increase, according to an online resale market. The second-hand clothing market is worth around $ 28 billion today and is forecast …
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