Retail

World’s Biggest Gold Miner Makes $17 Billion Acquisition Bid

There’s gold in them there… mergers and acquisitions. Newmont, the world’s largest gold miner by output, announced Monday it’s making an offer for Australia’s biggest miner, Newcrest, valuing it at $17 billion. Gold M&A has been steadily gaining traction over…

(Photo Credit: Bullion Vault/Flickr)

Mattress Maker Serta Simmons Files for Bankruptcy

(Photo Credit: Adam Winger/Unsplash)

For all the talk about stashing money there, there is not a lot of money in mattresses. Just ask Serta Simmons, which has filed for Chapter 11 bankruptcy, heralding an end of a hard period for the once-comfortable mattress sector….

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Dr Martens Shares Take a Pummeling

What’s more goth than blaming your woes on the sunshine? Dr. Martens, the maker of the steel-toed boots favored by punks, goths, and impressionable tourists visiting London’s Camden Market, announced it expects to make less money in the 12 months…

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Party City Files for Bankruptcy

The party wasn’t all it was cracked up to be. Party City, the retailer that since the mid-80s has provided millions of children with loose-fitting Halloween costumes and left beleaguered parents standing in long lines for Cookie Monster-shaped balloons, announced…

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Bed Bath & Beyond Could File for Bankruptcy

Somebody buy a few million loofahs, quick! Bed Bath & Beyond, the home goods giant that generously accepts coupons well past their expiration dates, told shareholders Thursday that bankruptcy is now a possibility, and The Wall Street Journal reported sources…

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Adult Toy Buyers Keep the Market Alive

Just because it’s a toy adults play with doesn’t make it an adult toy. Forget Timmy and Jane, “Kidults” are actually the ones keeping the toy market afloat today, using their discretionary income to buy their nostalgia and keep toy…

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Walmart Takes on Suppliers as it Looks to Ramp Up Holiday Shopping

(Photo credit: Caique Morais/UnSplash)

It’s the most wonderful time of the year — for Walmart, at least. The largest retailer in the US by revenue is expecting a successful holiday season thanks to a more diverse customer base and its reliance on an evergreen…

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Adidas Hires Puma Boss as New CEO

Adidas is taking the mismatched sneaker trend to another level. The iconic sportswear brand announced Tuesday it will hire Bjorn Gulden, boss of rival company Puma, as its new CEO. The hire comes as Adidas looks to leap some obstacles…

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Kroger, Albertsons In Talks for Major Grocery Merger

The supermarket industry may be in for a super-merger.

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Thrift Store King Goodwill Goes Digital

E-Commerce comes for even the most old school of brick-and-mortar stores.

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Retailers Struggle to Move Inventory, Slowing Shipping Industry

Nike has too many shoes, not good news for the global shipping industry.

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