#retail-consolidation

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Business intelligence
fromBusiness Matters
1 week ago

Frasers Group builds 6% stake in struggling Puma

Frasers Group acquired a 5.77% stake in Puma, becoming the second-largest shareholder and signaling strategic investment in the struggling German sportswear brand.
LA real estate
fromLos Angeles Times
32 years ago

COLUMN ONE : New Lives for Aging Beauties? : Elegant buildings that once housed landmark department stores often face uncertain fates. Despite efforts to preserve their soul, some end up as office complexes or forlorn hulks.

Bullocks Wilshire, a 1929 Art Deco landmark, faces uncertain future as retail consolidations leave grand department stores abandoned across the nation, though preservation efforts seek new uses for these architectural treasures.
fromThe Verge
2 weeks ago

Corsair is halting Drop sales after March 25th

The Drop store, which was acquired by gaming gear giant Corsair in 2023, was a haven for mechanical keyboard enthusiasts and audiophiles to discover and buy hard-to-find gear - sometimes at surprisingly good prices. The company will cease sales after March 25th at 11:59PM PT, which is also the cut off to redeem Drop Rewards.
E-Commerce
fromTasting Table
1 month ago

These Familiar Grocery Chains Are Actually Owned By Kroger - Tasting Table

Walk into a Ralphs supermarket in California or a King Soopers in Colorado, and you might get a feeling vaguely familiar to shopping at Kroger. The signs are different, the store layout isn't quite the same, and local products mingle with store-brand ones - but the shopping experience still has a Kroger-ish ambiance. There's a reason for that, and you might not like it. About 20 favorite "hometown" regional grocery brands across America are actually part of the same huge Kroger family.
Business
Business
fromFast Company
3 months ago

Why small businesses must go narrow (extremely narrow) to survive

Small businesses must specialize narrowly and offer distinctive value beyond easily copyable products to survive mass-market competition.
Travel
fromBusiness Insider
6 months ago

Why everything at the airport is so expensive

Airports rely on captive terminal spending, generating over $1 billion in 2024 from inflated food and retail prices amid weakened competition and price caps.
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