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Rundown: Walmart and StockX deal, Nordstrom's takeover bid, Rite Aid emerges from bankruptcy
Published 1 year, 4 months ago
Description
On the Modern Retail Rundown this week, the staff discusses three retailers' latest growth roadmaps. First, Walmart Marketplace announced a new partnership with sneaker bidding site StockX. Then, the founding Nordstrom family is bidding to buy out the retailer to take it private. Finally, nearly a year after Rite Aid filed for bankruptcy, the now privately-held drugstore has a new CEO and plans to operate fewer stores.