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GXO Logistics makes $181 million e-commerce acquisition
Contract logistics giant GXO Logistics has acquired PFSweb, an e-commerce fulfillment platform, for $181 million.
GigaCloud named stalking horse for bankrupt furniture maker and retailer
The end-to-end B2B e-commerce solutions provider agreed to acquire substantially all of the assets for $85 million.
3 takeaways from Hooker’s latest earnings report
Industry giant Hooker Furnishings reported a decline in sales for the second quarter late last week.
What’s missing in those private equity deals? | Jerry Epperson
I am sitting at home, and I get a text photo of a door with a sign that a highly recognized upholstery manufacturer in western North Carolina had closed all its operations without notice.
Friedman: RH’s second quarter earnings ‘exceeded our guidance’
While the Top 100 retailer anticipates the remainder of 2023 to be challenging, it's raising the lower end of its revenue guidance.
Letter to the editor: The tragedy and travesty of Klaussner and Mitchell Gold
It was heartbreaking to read about the closing of these once noble furniture manufacturers. ...
Economy is expanding, but at a slower pace, says NRF economist
“The U.S. economy continues to expand, but recent data is signaling a slowdown in its momentum."
Bankruptcy filing shows financing struggle ahead of Mitchell Gold Co. shutdown
Bankruptcy documents filed Wednesday afternoon by The Mitchell Gold Co. tell a story of a company trying to keep the doors open ...