Department Stores News

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Authentic Brands Group (Authentic), a global brand development and licensing platform, and Guess?, Inc. (NYSE: GES) today announced they have completed the transaction to take Guess? private. Authentic now owns 51% of substantially all Guess? intellectual property, and existing Guess? shareholders, Maurice Marciano, Paul Marciano, Nicolai Marciano and Carlos Alberini and certain of their respective trusts, foundations and affiliates (collectively, the “R...

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2026 first quarter financial results for the period ended December 28, 2025 before the markets open on Thursday, February 5, 2026. Spectrum Brands will conduct a live conference call and live webcast on February 5,...

NEW YORK--(BUSINESS WIRE)--Kasada announces AI Agent Trust to enable secure agentic commerce....

ATLANTA--(BUSINESS WIRE)--good2grow has expanded its successful BIGGER juice line with the launch of Watermelon Berry Twist, available at select Target locations in February....

NEW YORK--(BUSINESS WIRE)--Centric Brands LLC (“Centric Brands”), a leading fashion and lifestyle company with a portfolio of iconic brands, today announced a joint venture with Palm Tree Crew, the global entertainment, hospitality, and lifestyle collective founded by Kygo (Kyrre Gørvell-Dahll) and Myles Shear. The partnership brings together Centric Brands’ global scale, design, manufacturing, retail, and distribution expertise with Palm Tree Crew’s culture-forward, experience-led platform to...

ATLANTA--(BUSINESS WIRE)--Rithum names Gregory Banning CRO and promotes Caitlin Hauser to CFO to strengthen global growth, financial leadership and go-to-market execution....

ATLANTA--(BUSINESS WIRE)--Carter’s, Inc. (NYSE: CRI), North America’s largest and most-enduring apparel company exclusively for babies and young children, and Once Upon a Farm, a next generation children’s snack company, announce the launch of the Carter’s x Once Upon a Farm limited-edition capsule collection featuring apparel and sleepwear made for playful days and snack time moments. Each piece in the collection combines Carter’s stretchy and sustainably sourced PurelySoft™ essentials with fa...

PARIS--(BUSINESS WIRE)--SEPHORA, the global leader in prestige beauty retail, and CJ OLIVE YOUNG, Korea's leading beauty and health retailer, announced today a new strategic partnership to bring the best curation of cutting-edge and sought-after Korean beauty to SEPHORA consumers around the world. The partnership will debut this fall as a visionary omnichannel partnership in the United States, Canada, Hong Kong SAR and Southeast Asia (Singapore, Malaysia, Thailand), with expansion into addition...

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (Nasdaq: WMT) today announced that its Board of Directors has elected new leaders to its Executive Council. Incoming President and Chief Executive Officer of Walmart Inc. John Furner also shared additional changes designed to help fuel innovation and drive the new era of retail. "Over my 32 years with Walmart, I’ve seen that our people are our greatest competitive advantage. These internal promotions reflect our culture of opportunity and the dep...

HEATH, Ohio--(BUSINESS WIRE)--Customers may have seen reports about infant formula testing from Healthy Florida First. Despite our requests for information about the products, methodology, and results, we have yet to receive these critical details. Bobbie is disappointed by the lack of transparency from the Healthy Florida First initiative, which risks unnecessarily causing alarm to American families. In addition, the initial report had discrepancies between its infographic and data table, caus...