Despite a difficult 2022, wrought with soaring inflation and mass layoffs, the retail industry ended the year in decent shape with a solid holiday return. However, an economic downturn looms large, as experts predict a 64 percent chance of a U.S. recession in the coming months. Naturally, this spells trouble for retailers as Americans tend…
Franchise Group Inc., which owns The Vitamin Shoppe, Pet Supplies Plus, and five other companies, received an unsolicited $1.05 billion acquisition offer Monday, the company reported. The offer, presented by an unknown buyer, is for $30 per share in cash. Franchise Group Inc. said its board of directors is carefully evaluating the proposal “to determine the…
The current pressures on the supply chain are enormous. Three years after the global pandemic created a tsunami of backups and disruptions that are still reverberating through the supply chain today, brands and retailers are navigating a seemingly endless cavalcade of new threats ranging from inflationary pressures to trade wars to the Russian invasion of…
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