Home appliance and electronics retailer hhgregg may be nearing a bankruptcy filing as the company continues to struggle with a prolonged period of declining sales.
Author Greg Sleter
Department store retailer J.C. Penney will close as many as 140 locations as part of a plan to return the company to profitability.
Dollar General will build a distribution center in Amsterdam, NY, the company’s 16th such facility.
KitchenAid has debuted its Artisan Black Tie limited edition 5-quart stand mixer, the first monochromatic version, as a limited edition offering.
Gold’s Gym has entered into a partnership with C+A Global to develop Gold’s Gym’s own line of small kitchen appliances such as blenders, juicers, healthy grills along with a line of protein powders.
Germany-based grocery chain Lidl has moved up its scheduled U.S. store openings, with updated plans calling for the first 20 stores to open this summer.
Stein Mart is opening five new stores this spring, the first phase of its 2017 store plan to open a total of 11 new locations.
SodaStream’s run of quarterly sales increases continued in the fourth quarter as company officials said its consumer-facing messaging focused on health and wellness was key to driving sales.
Walmart is revamping its buying operations and will mesh its store and online merchants in an effort to streamline operations and better compete with Amazon, Reuters reported on Tuesday, February 14.