Alex and Ani Files for Chapter 11 Protection

| Mike O'Brien

Alex and Ani, the Rhode Island-based retailer which reached huge popularity a decade ago with its inexpensive bangles and charm bracelets promoting spirituality and good vibes, has filed for has filed for Chapter 11 bankruptcy protection. The company, owned by a UK concern, has faced poor sales, lawsuits and internal conflicts.

American Eagle Expands Same-Day Delivery with ShopRunner

| Mike O'Brien

American Eagle Outfitters has expanded its offering of free same-day delivery for members of partner ShopRunner to include 50 U.S. cities, up from six when the retailer started working with the FedEx acquired service in October. During the past year, American Eagle and Aerie have offered free store and curbside pickup.

Hits of the Week 6-14-21

| David Hurwitz

week of 6/14/21 Legislation Aimed at Breakup of Big Tech Firms Bipartisan legislation being considered in Congress could force Amazon, Apple, Google and Facebook to either shed private-label assets or … Continue Reading →