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Rue21 Files for Third Bankruptcy, Plans to Close all 500+ Stores

Retail TouchPoints

The company first filed for bankruptcy in 2002 , then again in 2017. All of Rue21’s 540 remaining stores will now be shuttered in the next four to six weeks as part of this third bankruptcy, as along with its ecommerce operations.

Fashion 223
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Walmart Advances Media Ambitions with $2.3 Billion Acquisition of Vizio

Retail TouchPoints

The rumored purchase of Vizio by Walmart is no longer a rumor: the retail giant has announced that it will purchase the TV maker, and its SmartCast Operating System, for approximately $2.3 billion in cash or via debt, subject to customary regulatory clearance. in a statement.

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Bed Bath & Beyond Tech Chief Resigns as Retailer Deals with Data Breach

Retail TouchPoints

2, 2002, according to a Nov. No specific reason was given, but the filing noted that Masood’s departure “was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices or financial statements.”. 1 Securities and Exchange Commission 8-K filing.

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Kendra Scott on Putting Philanthropy First — and How She Will Continue to Empower Women

Retail TouchPoints

Kendra Scott has had philanthropy as part of its corporate DNA since the company launched in 2002, powered by the commitment to making the world a better place of Founder, Designer, and Executive Chairwoman Kendra Scott herself. In fact, its operations will help Kendra Scott’s other philanthropic efforts reach more people than ever before. “

Jewelry 287
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Kendra Scott Steps Down as CEO of Namesake Brand, Tom Nolan to Take the Reins

Retail TouchPoints

Since founding the company in 2002, Scott has been the sole CEO, overseeing the brand’s transformation into a multi-channel retailer that now boasts more than 110 standalone stores across the U.S., Tom is an experienced executive with a relentless focus on the customer, operational rigor and strong expertise in digital transformation.

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Festival Place wins Green Apple Award for Best Environmental Practice

365 Retail

Furthermore, software modifications were introduced to limit the operation of Air Handling Units when they were not required to provide heating. Having launched in October 2002, Festival Place is the highest ranked shopping centre outside a major UK city. These efforts resulted in an 18% reduction in usage compared to 2019.

Leisure 104
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ModCloth Sold Yet Again; Will This Buyer Hold On?

Retail TouchPoints

Founded in 2002, ModCloth offers exclusive indie- and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35- year-old women of all sizes. Women’s clothing and accessories retailer ModCloth has been acquired by Nogin, a provider of outsourced ecommerce for major fashion and consumer product companies.