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General Motors and Ford engine say they hope to clear the backlog of unfinished vehicles before the end of the year. GM said it shipped three-quarters of its 95,000 vehicles awaiting microchips and other scarce parts in the third quarter. Ford was even further behind on that front, with the number of restrained vehicles more than doubling to 40,000 during the quarter.
Macy’s is leaning into its identity this holiday season as a destination with something for everyone – regardless of wallet size. Amid deepening talk of a recession and shoppers pulling back, the storied department store chain is highlighting what makes Macy’s special to consumers. General holiday campaign “Give love. Give style. includes several videos shown on television, online videos and social networks. One location will introduce Macy’s new Toys ‘R’ Us shops to shop now available at all Macy’s stores for the holiday season… HEB plans to open its first store in 2024 in Fort Worth, Texas. This store is the second HEB has confirmed to open in Tarrant County. The grocer is aggressively expanding in North Texas. It works a Central market in Fort Worth, an HEB in Frisco and is opening another in Plano tomorrow.
Village MDwhich has a majority stake Walgreens Boots Allianceinvestigating a transaction to join Warburg Pincus– guaranteed Summit Health, Bloomberg reports. VillageMD, a healthcare network and its parent, acquired Summit’s primary care provider CityMD, would reportedly value the combined company at $5 billion to $10 billion. The talks come as drugstores and retail chains like Walgreens, Walmart and CVS are increasingly positioning themselves as an entry point into the healthcare system.
Kohli’s has unveiled a unique ‘concept’ store designed to offer a more local and modern shopping experience. The 35,000-square-foot store in Tacoma, Wash., is smaller than a traditional Kohl’s store, which averages about 80,000 square feet and is too large for many small markets, the retailer said. Kohl’s said the new Tacoma outpost is designed to give the retailer a chance to test (and learn) new ideas and store experiences that can be used in new or existing locations in the future… Holiday shoppers at. Target can buy delicious brands from the British heritage brand. Target will sell select “luxury” food and beverage products Marks & Spencer on holidays. The 15-item curated selection ranges from $9.99 to $27.99 and includes everything from caramels and chocolates to cookies and tea. The products come in festive packaging with some lighting. Tin of gingerbread houses plays holiday music. The Marks & Spencer collection will appear in most Target stores in mid-November and will also be featured on the discount retailer’s website.
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