Why Refy is launching skincare
In 2022, the brand introduced a bodycare line, and in January 2024, Refy expanded into fashion with a limited-edition drop of T-shirts, hoodies, accessories and lifestyle items.
These 5 retailers closed stores in 2024
However, due in part to the fact that stores are increasingly serving as fulfillment centers for same or next-day pickup or delivery, the industry is far from morphing into a post-store era, UBS said.
Big Lots’ new deal could keep up to 400 stores open
Following a failed deal to sell itself to Nexus Capital Management, Big Lots announced store closures and initiated going-out-of-business sales in a move the company said would help protect the value of its assets.