Arkhouse and Brigade had for months been attempting to buy out the storied retailer. Earlier this month, the bidders increased their offer to $24.80 per share,...
The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023. Mario Tama | Getty Images Feeling the brunt of sticky inflation,...
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted more than 20% in early trading...
The meme stock rally may have lost steam , but some familiar names from the frenzy are once again among the most shorted stocks in the...
A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters “They have trusted brands at a cheaper price. They’re more on-trend, they’re designer-led, they lean...
JPMorgan Chase CEO Jamie Dimon commented about his remaining tenure. Lowe’s topped quarterly earnings and revenue expectations. Red Lobster filed for Chapter 11 bankruptcy protection. Here are...