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Variety Wholesalers to Reopen 219 Big Lots Stores by June

Retail TouchPoints

Variety Wholesalers , one of the purchasers of assets from the bankrupt Big Lots discount chain, will reopen a total of 219 stores under the Big Lots banner, beginning on April 10, 2025 with nine locations in six states: Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia.

Wholesale 179
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A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B.

Apparel 277
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Under Armour Will Exit up to 3,000 Wholesale Partnerships to Focus on DTC

Retail TouchPoints

Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. Under Armour joins other apparel brands, including Nike , in shifting toward DTC distribution. I think that’s incredibly important to state. ”

Wholesale 290
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Nike to Double Down on DTC Following Q3 Gains, Plans Standalone Jordan Stores

Retail TouchPoints

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%.

Planning 289
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Francesca’s Acquires Digital Apparel Brand Richer Poorer

Retail TouchPoints

The acquisition will add new product categories to the Francesca’s assortment and allow it to leverage Richer Poorer’s wholesale network, as well as help grow its share of wallet in the Gen Z and millennial women’s segments. “I million.

Apparel 276
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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.

Wholesale 275
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Authentic Brands Buys IP of Iconic Boot Brand, Plans Global Expansion

Retail TouchPoints

Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. Authentic plans to tap its global network of category experts and best-in-class operating partners to accelerate the worldwide expansion of Hunter in the U.S. In the U.S.,

Planning 278