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Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores

Retail TouchPoints

The company first filed for bankruptcy in 2002 , then again in 2017. Over the past two decades the mall-based retailer has struggled to regain the popularity it enjoyed during its heyday in the late ’90s.

Planning 263
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Woolworths plans $370 million rebrand, upgrade of its NZ store network

Inside Retail

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

Planning 246
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Drummond Golf put up for sale after 22 years

Inside Retail

Mark and Ravi Abeyaratne bought the franchise alongside a small group of shareholders in 2002. The company is planning to increase earnings to $12.6 The company boasts 30 per cent market share with more than 150,000 golfers visiting its stores monthly, while its online store has more than 250,000 visits each month.

Wholesale 306
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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

The brand has been in operation since 2002, with over 25 per cent of its online sales coming from overseas. Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like. I think aprons were primed for disruption.”

Planning 246
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With Acquisition of Complex, NTWRK Plans to Create a ‘Next Gen Content and Shopping Experience’

Retail TouchPoints

Buzzfeed has sold youth culture media company Complex to livestream shopping platform NTWRK , which plans to use the acquisition to build a “next generation content and shopping experience.” My journey with Complex began as an admirer of their original magazine in 2002 and it has now come full circle as I step into the leadership role.

Shopping 173
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Five Below Plans 200-Plus New Stores in 2023

VMS

Discount retailer Five Below (Philadelphia) said it plans to open more than 200 new stores and renovate 400 more in the coming year. Five Below, which was founded in 2002 and currently operates more than 1300 stores in 42 states, was one of 10 retailers Placer Labs Inc. 30 of last year through Jan. 7, during which it recorded an 11.2

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Dollar General plans to add three new DCs

Mass Relators

Dollar General plans to add three new distribution centers to its network. The North Little Rock dual distribution center facility represents an approximate $140 million investment in Pulaski County, and construction is currently slated to begin by fall with a late 2023 planned completion date. GOODLETTSVILLE, Tenn. Aurora, Colo.