WHAT WE'RE READING

Women's Wear Daily

Former Saks Global CEO Marc Metrick Faces Rule 2004 Request in Retailer’s Bankruptcy. Unsecured creditors are looking for a long list of documents from Metrick, including information about the $2.7 billion acquisition of Neiman Marcus Group.

MAY 15, 2026

Retail Dive

Activist investors push to oust former Target CEO from board. The group is urging shareholders not to reelect Brian Cornell and Christine Leahy, arguing their presence could hamper a turnaround.

MAY 14, 2026

Retail Dive

Bed Bath & Beyond’s first co-branded store with The Container Store will open Saturday. The location in Fort Worth, Texas, comes just over a month after Bed Bath & Beyond announced plans to acquire the organizational retailer.

MAY 14, 2026

Retail Dive

Activist investors push to oust former Target CEO from board. The group is urging shareholders not to reelect Brian Cornell and Christine Leahy, arguing their presence could hamper a turnaround.

MAY 14, 2026

Retail Dive

Bed Bath & Beyond’s first co-branded store with The Container Store will open Saturday. The location in Fort Worth, Texas, comes just over a month after Bed Bath & Beyond announced plans to acquire the organizational retailer.

MAY 14, 2026

FashionUnited

Rent the Runway co-founder Jennifer Hyman to step down as CEO. Teri Bariquit, a current board member and former Nordstrom executive, appointed as interim CEO and president.

MAY 13, 2026

Chain Store Age

Michaels doubles down on party supplies with in-store customization bars and more

MAY 13, 2026

Wall Street Journal

Walmart Lays Off or Relocates About 1,000 Corporate Workers. Retailer cuts jobs as it combines more of its global-tech and product teams

MAY 12, 2026

Wall Street Journal

EBay Rejects GameStop’s $56 Billion Takeover Proposal. GameStop CEO Ryan Cohen’s bold offer for the e-commerce platform fizzled

MAY 12, 2026

CNBC

EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’. EBay’s board rejected GameStop’s $56 billion takeover bid, calling the unsolicited offer “neither credible nor attractive.” GameStop CEO Ryan Cohen made an audacious bid for the online marketplace last week. Many analysts questioned the deal, citing questions about how GameStop would finance the transaction and the strategic rationale.

MAY 12, 2026