Category: Workforce
-
Michaels Buys Bankrupt Joann’s IP and Private Label Brands
Michaels has purchased the intellectual property (IP) and private label brands of Joann and will add more than 600 fabric, sewing and yarn products as it seeks to woo this segment of crafting consumers. Joann filed for bankruptcy in January 2025, its second filing in less than a year, and …
-
Peloton Launches Resale Platform with Three-City Test
Peloton has introduced Peloton Repowered, a resale marketplace for its used equipment and gear, according to CNBC and other media outlets. The program is being tested in New York City, Washington, D.C. and Boston, with plans to roll it out nationwide in the coming months. Sellers will be able to …
-
UPDATE: PayMore Opens 19 North American Locations in Q2, Moving Closer to 150-Store Goal
[Update as of June 5, 2025] PayMore, a franchise retailer that pays cash for used electronics, has opened 19 stores in the U.S. and Canada during Q2. The retailer had opened 18 locations in March 2025, and PayMore’s ultimate goal for 2025 is to more than double its store fleet, …