Online sales gained the most traction, with sporting goods and hobby categories not far behind
Plans include converting stores of the recently acquired Winn-Dixie and Harveys Supermarkets
Michael Krans will oversee the retailer’s in-house media business
The cosmetics retailer is also shutting down Canadian ecommerce as it files for bankruptcy
The company will use the funding to expand its team and product to serve its growing customer base
IPH will appoint 2 Synchrony executives to its board of directors
He's been with the organization for 32 years
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