Wednesday, March 12

Tag: Department Stores

Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks
29Dec By adminNo Comments
World

Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks

Nearly 5 million portable blenders sold at retailers including Walmart, Costco and Target have been recalled over fire and laceration risks. The U.S. Consumer Product Safety Commission has asked owners of recalled BlendJet 2 Portable Blenders to immediately stop using the product and contact BlendJet for a replacement base. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.
17Dec By adminNo Comments
World

Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.

Dec. 16, 2023 11:00 pm ETHONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever they went, and Parisian department stores hired Mandarin speakers. Mom-and-pop stores in Hong Kong were replaced by vendors offering products Chinese tourists demanded, such as milk powder and medicines.   Now, after being grounded for three years during the pandemic, Chinese travelers are taking to the skies again. But they don’t look or spend the same.   Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Macy’s Buyout Could Take a Miracle on 34th Street
11Dec By adminNo Comments
Money

Macy’s Buyout Could Take a Miracle on 34th Street

A suitor has shown up at Macy’s door. As any shopper knows, though, wanting to buy something is one thing and being able to afford it is another. Real-estate focused investing firm Arkhouse Management and global asset manager Brigade Capital Management on Dec. 1 submitted a proposal to purchase Macy’s stock they don’t already own, The Wall Street Journal reported on Sunday. Their offer price is $21 a share, 21% higher than where Macy’s stock closed last Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Investor Group Launches $5.8 Billion Buyout Bid for Macy’s
10Dec By adminNo Comments
Money

Investor Group Launches $5.8 Billion Buyout Bid for Macy’s

An investor group has made a $5.8 billion offer to buy Macy’s, in a bid to take the famed department-store chain private after stiff competition from online rivals took a big bite out of its value.Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, on Dec. 1 submitted a proposal to acquire the Macy’s stock they don’t already own for $21 a share, people familiar with the matter said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Investor Group Launches $5.8 Billion Buyout Bid for Macy’s
10Dec By adminNo Comments
World

Investor Group Launches $5.8 Billion Buyout Bid for Macy’s

An investor group has made a $5.8 billion offer to buy Macy’s, in a bid to take the famed department-store chain private after stiff competition from online rivals took a big bite out of its value.Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, on Dec. 1 submitted a proposal to acquire the Macy’s stock they don’t already own for $21 a share, people familiar with the matter said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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What Does Gen Z Think of Goop?
9Nov By adminNo Comments
World

What Does Gen Z Think of Goop?

With a new, affordable skin-care line and product input from her daughter, Gwyneth Paltrow is positioning her luxury lifestyle brand for a new audience. Are younger beauty consumers buying?
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