Target bets on e-commerce by investing $100 million in hubs to speed up delivery The big box retailer is pressing ahead with its e-commerce strategy, even as it anticipates slower sales. February 22, 2023 | CNBC H-E-B expands with the purchase of new Store Site in Celina, Texas The San [...]
Tuesday Morning to close more than half its stores nationwide That’s what the off-price retailer, which filed for Chapter 11 on Feb. 14, said in court documents. Tuesday Morning is seeking court approval to conduct store closing sales at 264 locations across 38 states. (full list of store closures can [...]
CVS Health in $10.6 billion deal to buy primary care provider Oak Street Health The pharmacy giant will acquire Oak Street Health in an all-cash transaction at $39 per share, in a deal valued at approximately $10.6 billion. Mediterranean restaurant chain Cava confidentially files for an IPO In 2018, Cava [...]
McDonald’s to open 1,900 new stores in 2023; eyes big growth in China More than 900 of the new units will be in China, and 400 of the new units will be in the United States and in McDonald’s internationally operated markets. Black Sheep Coffee from the U.K. comes to [...]
