Weekender: Warby Parker lays off 15% of its corporate workforce, citing changing consumer behavior
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Aug. 12 - J.C. Penney names new CFO | USPS reveals holiday rate hikes
Friday, August 12, 2022
JC Penney hires a new CFO; Dillard's slows down in Q2 as women buy less apparel; USPS proposes peak season rate hikes amid drop in package demand; Ace Hardware to open 60 stores by the end of the
Aug. 10 - Will Walmart+ offer streaming services? | Revlon CFO to exit
Friday, August 12, 2022
Walmart reportedly seeks streaming partner to bolster Walmart+; Revlon CFO to retire as sales continue shrinking in bankruptcy; Profits remain elusive in Q2 as The RealReal's customers buy lower-
Aug. 11 - Sears Holdings settles with Eddie Lampert | Lively CEO steps down
Friday, August 12, 2022
Sears Holdings reaches $175M settlement with Lampert and company; After challenging Q2, Warby Parker sees crystal-clear need for stores; Lively founder Michelle Cordeiro Grant steps down from CEO role;
Aug. 9 - Signet buys Blue Nile | Warby Parker the latest to lay off employees
Tuesday, August 9, 2022
Signet buys Blue Nile for $360M; Warby Parker lays off 15% of its corporate workforce, citing changing consumer behavior; Allbirds sunsets leggings offering amid ever-widening losses; Abercrombie &
Aug. 8 - Walmart acquires Volt Systems | Explaining the wave of women’s running shoes
Monday, August 8, 2022
Walmart acquires omnichannel tech specialist Volt Systems; US online retail sales to reach $1.6 trillion by 2027: report; Tapestry combines COO, CFO roles; GU to open first store in US View online |
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