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Hudson's Bay company entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements. This transaction reflects HBC’s ongoing focus on advancing its all-channel model while continuing to grow its successful off-price business through the integration...

During this holiday season, many Americans will purchase a pair of shoes for themselves or to give as a gift. In fact, footwear ranks as one of the top gifts people buy for their friends and loved ones this time of year, according to the...

Target Corporation promoted Janna Potts to executive vice president, chief stores officer. Potts will be responsible for the leadership of Target’s 1,805 stores across the United States. Potts will replace Tina Tyler and will assume the position effective immediately....