Authentic Brands Group wins bid for Nine West
Authentic Brands Group won the auction for bankrupt retailer Nine West Holdings for $340 million. Winning with a highly competitive bid, ABG will now own all licensing partnerships and marketing initiatives for Nine West and Bandolino brands. (PR Newswire)
Whole Foods discounts expand to 10 more states
Whole Foods will now expand its Prime discounts to 10 more states. The program gives an extra 10% off sales items and other deals for Amazon Prime members. (CNN Money)
North Face testing used clothing sales
The North Face is launching a clothing line of used products. The Renewed line will be made from returned, defective or used textiles that have been washed and inspected and sent back to be sold. (Media Post)
Shipt expands into three major markets
Shipt will begin same-day grocery delivery at major supermarket chains in Florida, Georgia and Pennsylvania's Pittsburgh area. Shipt will now reach more than 540,000 households in more than 20 metropolitan areas of Florida and so the platform will add more than 900 personal shoppers to help with picking, packing and delivering. (Supermarket News)