Weekender: Paper Source files for bankruptcy with plans to sell itself

 
 

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March​ 6,​ 2021 | A roundup of this week's most read stories
 
 
 
 
 
 
 
 
 
 
 
 

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March 5 - Dollar Tree plots 3K concept stores | Saks spins off e-commerce business

Friday, March 5, 2021

Dollar Tree eyes at least 3K locations for rural concept stores; DVF shut its clothing rental service, pivoted to Rent the Runway; Private equity pours $500M into Saks Fifth Avenue's e-commerce

March 4 - Disney to close 60 stores | ThredUp files for IPO

Thursday, March 4, 2021

Disney plans to close at least 60 stores in North America; ThredUp files for IPO; How Amazon and Walmart's head-to-head competition is changing retail; Bed Bath & Beyond plots 8 private label

March 3 - Michaels plans sale to private equity | Tailored Brands seeks $75M lifeline

Wednesday, March 3, 2021

Michaels to be acquired by private equity firm for $5B; Tailored Brands seeks $75M lifeline just months after exiting Ch. 11; Finding Rae Dunn; Inventory mismatch squeezes Nordstrom's holiday

March 2 - Macy's nixes COO role | Paper Source files for bankruptcy

Tuesday, March 2, 2021

Macy's shakes up leadership, nixes COO role; Paper Source files for bankruptcy with plans to sell itself; Macy's Windy City blues; Nike's head of North America resigns View online | Signup

March 1 - Nordstrom stretches into fitness tech | Walmart drops 2-hour delivery minimums

Monday, March 1, 2021

Walmart drops $35 minimum purchase for 2-hour delivery; Nordstrom partners with at-home fitness startup Tonal; Court OKs Christopher & Banks' Ch. 11 sale of e-commerce unit; Thinx launches more

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