Stephanie Arnold

Dec 30, 2024 | retaildive.com | Stephanie Arnold

This audio is auto-generated. Please let us know if you have feedback. Big Lots announced Friday a transaction that could leave up to 400 of its stores open after an earlier announcement that all stores would close. The company had more than 1,300 stores when it filed for bankruptcy in September. The deal also includes the possibility of retaining store associates at acquired locations and some corporate staff to support operations, according to a company press release.

Oct 1, 2024 | finance.yahoo.com | Stephanie Arnold

Leaders in the retail sector are gearing up to tackle some of the industry’s most impactful issues and trends during the upcoming 2025 conference season. From finding the best ways to leverage AI to digging into the future of omnichannel retail, the events come as retailers navigate the volatile economic climate reeling from the lingering effects of inflation.

Jul 8, 2024 | fashiondive.com | Stephanie Arnold

This audio is auto-generated. Please let us know if you have feedback. HBC, parent company of luxury retailer Saks Fifth Avenue, announced Thursday it has entered into a definitive agreement to acquire Neiman Marcus Group for $2.65 billion, according to a press release. The purchase will be funded with a combination of equity capital, shareholders and debt facilities, including investors such as Amazon, Rhône Capital and Insight Partners, according to the release.

Jul 5, 2024 | retaildive.com | Stephanie Arnold

This audio is auto-generated. Please let us know if you have feedback. HBC, parent company of luxury retailer Saks Fifth Avenue, announced Thursday it has entered into a definitive agreement to acquire Neiman Marcus Group for $2.65 billion, according to a press release. The purchase will be funded with a combination of equity capital, shareholders and debt facilities, including investors such as Amazon, Rhône Capital and Insight Partners, according to the release.

Apr 20, 2024 | globalbar.se | Stephanie Arnold

Of the estimated people who remained offline in 2023 a large part lives in Africa. A key partner in Africa in unclogging this bottleneck is China. Several African countries depend on China as their main technology provider and sponsor of large digital infrastructural projects. But what are the risks with becoming dependent on China? Digital technologies have many potential benefits for people in African countries.