After four years of bankruptcy proceedings, Sears Holdings and its creditors have reached a settlement with former CEO and majority shareholder Eddie Lampert and other investors. On Aug. 10, the parties reached a $175 million settlement agreement that could resolve years-long litigation filed against Lampert and other defendants in 2019 over allegations of “asset stripping” […]
Nike is again closing its global offices next week to encourage employee well-being, a move the company first announced in May. “If you’re looking for me next week, I’ll be enjoying some much-welcomed R&R and sunshine ☀️ with my family. Our global offices will be closed for Well-Being Week — which is quickly becoming one of my […]
Jordan Brand has entered into a 20-year partnership with Howard University. The athletic giant announced the partnership with the Historically Black Colleges and University (HBCU), an effort the brand said “will create academic and athletic opportunities that elevate the best of the Black community.” “Howard University and Jordan Brand share a legacy of excellence and […]
Walmart is expanding its supply chain capabilities and opening a second consolidation center in Lebanon, Pa. The 400,000 square-foot facility, which is slated to open this month, will use automated technology to help move product three-times faster to get items to stores more quickly. This “consolidation” center will employ abut 1,000 people and will cater […]
The Best Safety Razors at a Glance Why You Should Consider A Safety Razor How Safety Razors Work And How To Use Them The Best Saftey Razor Blades How We Tested the Best Safety Razors About the Author: Jake Cappucino Safety Razor FAQs Cartridge-based disposable razors are great and all, but if you’ve never seriously considered a […]
Who’s in, who’s out, who’s been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us at [email protected]. Aug. 11, 2022: JCPenney has tapped Stephanie Plaines as its new CFO. According to the Texas-based department store chain, Plaines will lead all financial activities across the enterprise. […]
Jessica Simpson announced to Instagram on Wednesday that she is expanding her namesake footwear line to include roller skates. “Don’t be a Hater, be a Roller Skater,” Simpson said in the post. “Who needs to walk when you can roll… I promise I’m wheely good at this.” Simpson is photographed wearing the Rollstar Roller Skate in […]
Occasion worthy footwear is making a comeback – and companies such as Dune London, a British brand that specializes in women’s and men’s stand-out shoes and accessories, is leading the trend forward with a dressy shoe collection that will soon debut at FFANY. Dressy luxury footwear led the market and accounted for 58 percent share […]
In just one month, boxing champion Alycia Baumgardner will face Mikaela Mayer in a 130-pound title unification fight in London. With training camp for the biggest fight of her career underway, thanks to Oofos, post workout recovery isn’t much of a concern. Baumgardner — who will enter the ring Sept. 10 with a 12-1 record […]
Who’s in, who’s out, who’s been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us at [email protected]. Aug. 10, 2022: Vista Outdoor Inc. has announced the addition of Gerard Gibbons and Bruce Grooms to its board of directors, who were both elected to the board by Vista Outdoor’s […]