The price was $26.7M
Increasing rent prices also a concern for brick-and-mortar retailers
Food and beverage private brands gained traction in 2023, while nonedible brands saw a steady increase
Luxury consumers' optimism about the economy is not increasing sales on luxury goods
IKEA is the only retailer who has charging stations at nearly all of its U.S. locations
The seed funding round was led by Elevate Ventures
The line includes dry food, treats, and hip and joint supplements for dogs
The British government refused to grant planning permission to the retailer last year
Stores will begin reopening by April
The lay offs will reportedly begin in early May