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DICK’S Sporting Goods Announces Grand Opening of New Concept Store ‘DICK’S House of Sport’ And Expands Offerings in Select Golf Galaxy Locations Nationwide

PITTSBURGH, April 5, 2021  — DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, omni-channel sporting goods retailer, will expand its nationwide footprint with the grand opening of its first-ever DICK’S House of Sport, a new concept store, in Victor, NY on April 9, two Warehouse Sale locations and experiential Soccer Shops in select locations in April. https://www.multivu.com/players/English/8858253-dicks-sporting-goods-grand-opening-house-of-sport-golf-galaxy/ This […]

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Enjoy and BT Extend Partnership for Personalised At Home Retail Experience

LONDON, April 1, 2021 — Enjoy Technology Inc. (“Enjoy”), a technology-powered platform reinventing “Commerce at Home,” announced today that BT Group, the company’s exclusive U.K. partner through the BT and EE brands, has extended their partnership through 2025. BT has also made an investment in Enjoy, strengthening the partnership and demonstrating BT’s continued commitment to […]

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LED CHINA 2021 Launched 1 to 1 Online Business Matching Service for Overseas Buyers

GUANGZHOU, China, March 31, 2021 /PRNewswire/ — LED CHINA 2021 will be held during 14-16 April at Shenzhen Convention & Exhibition Center, to provide more precise and comprehensive service for overseas VIP buyers, the organizer launched VIP Buyer Program and provide 1 to 1 online business matching service. Founded in 2005, LED CHINA is the […]

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Kmart Pharmacy Partners with ScriptDrop to Introduce Prescription Delivery Solution

HOFFMAN ESTATES, Ill. — Kmart Pharmacy today announced that it is partnering with ScriptDrop to introduce a service to provide home delivery of prescriptions within a 10-mile radius of the pharmacy, Monday through Friday. “The need for prescription delivery has never been greater,” said Jennifer Speares Lehman, registered pharmacist and Divisional Vice President for Kmart […]

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Macy’s, Inc. Announces Restructuring to Address Sales Impact from the COVID-19 Pandemic

NEW YORK — Macy’s, Inc. (NYSE:M) today announced details of a restructuring that will align its cost base with anticipated near-term sales as the business recovers from the impact of the COVID-19 pandemic, including the closure of stores from March 18 through May 4, 2020 and gradual re-opening. The company will reduce corporate and management […]

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Macy’s Raises Approximately $4.5 Billion in Financing

NEW YORK– Macy’s, Inc. (NYSE:M) today announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as well as a new $3.15 billion asset-based credit agreement. In addition, the company has amended and substantially reduced the credit commitments of its existing $1.5 billion unsecured […]

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Transformco Temporarily Closes All Sears Stores In Response To Coronavirus (COVID-19), Provides Business Update

HOFFMAN ESTATES, Ill — Transformco, parent company of Sears and Kmart, announced that in response to the Coronavirus (COVID-19), it will temporarily close all Sears stores effective April 4 at end of day through at least April 30, 2020. Sears.com, distribution centers and customer care will remain open, fulfilling online orders and answering customer inquiries. […]

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Costco Acquires Innovel Solutions from Transformco for $1 Billion

HOFFMAN ESTATES, Ill. — Transform Holdco (TFCO) announced today that Costco (NASDAQ: COST) has acquired Innovel Solutions, its middle mile and final mile delivery and installation business, for $1 billion. Key components of the agreement include a long-term commercial arrangement whereby Costco provides TFCO warehousing, delivery and installation services to Sears and Kmart members and […]

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Advance Auto Parts Announces Purchase of the DieHard Brand from Transformco

RALEIGH, N.C. & HOFFMAN ESTATES, Ill –Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand. This asset acquisition will give Advance the right to sell DieHard batteries, the most trusted brand in the automotive battery category, and enables Advance to extend […]

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Amazon Introduces Counter in the U.S. – Where Customers Can Pick Up Their Package and Shop Too

SEATTLE – Amazon today announced the U.S. launch of Counter, a new network of staffed pickup points that gives customers the option to pick up their Amazon packages in-store at a partner location. Starting today, customers will have access to more than a hundred Counter locations across the U.S., with thousands of additional locations coming […]

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