Retail Dive - Weekender: Nordstrom adopts poison pill

 
 

Weekender

Sept.​ 24,​ 2022 | A roundup of this week’s most read stories
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Sept. 23 - Kohl’s defends Michelle Gass | Nordstrom lays off over 200 workers

Friday, September 23, 2022

Nordstrom lays off over 200 workers at supply chain facility; Kohl's board unanimously backs CEO; Online only, Lord & Taylor unveils fall merchandising, new logo; E-commerce apps lose pandemic

Sept. 22 - Activist pushes to oust Kohl’s CEO | Walmart slows holiday hiring by 75%

Thursday, September 22, 2022

Hedge fund pushes to oust Kohl's CEO, board chair; Walmart slows holiday hiring to 40K associates; Target plans 100K seasonal hires as it looks to start discounts sooner; Destination XL loses

Sept. 21 - Gap Inc. laying off 500 employees | Ralph Lauren to open 250 stores

Wednesday, September 21, 2022

Gap Inc. to eliminate 500 corporate jobs; Stitch Fix is losing customers as it competes against itself; FTC investigates Amazon's $1.7B bid to acquire iRobot; Barclays downgrades Nike on inventory

Sept. 20 - Nordstrom adopts poison pill | J.C. Penney expands beauty concept

Tuesday, September 20, 2022

JC Penney Beauty to expand nationwide; Halloween spending to surpass 2021 levels: NRF; Amazon offers sellers free software to speed fulfillment; Instacart rolls out tech enhancements centered on in-

Sept. 19 - Peloton’s rough ride | Purple receives takeover bid

Monday, September 19, 2022

Purple receives takeover bid; Puma debuts shoes, tights made from recycled materials; FedEx ramps up cost-cutting measures after earnings fall below expectations; Xcel Brands launches C. Wonder by

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