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Engaging The Connected Consumer: Reviewing The Top Trends Of 2014

Engaging The Connected Consumer: Reviewing The Top Trends Of 2014

December 22, 2014 | Trend Watch

With 2014 coming to a close, retail businesses are increasing focus on satisfying their customers’ wants and needs across all touch points. Although mobile and wearable technology gained momentum in the first half of the year, customer loyalty and social media came to the forefront in the second half, as well as cutting-edge technologies designed to help improve the brick-and-mortar experience.

Movers & Shakers

Target Announces New Executive Changes

Target Announces New Executive Changes

Target Chairman and CEO Brian Cornell has announced new executive changes and leadership roles designed to help the retailer accelerate its business and encourage digital transformation. Casey Carl, who is...

American Apparel Fires Dov Charney, Appoints New CEO

American Apparel Fires Dov Charney, Appoints New CEO

American Apparel has fired former CEO and Founder Dov Charney for reasons related to the terms of his employment agreement, according to a company statement. The retailer’s Board of Directors...

Bebe Onboards Jim Wiggett As Permanent CEO

Bebe Onboards Jim Wiggett As Permanent CEO

Women’s apparel retailer bebe stores has named interim CEO Jim Wiggett as its permanent leader. With the appointment, bebe also added Wiggett to its Board of Directors. Prior to joining the...

Mergers & Acquisitions

Oracle Acquires Datalogix To Enhance Data Cloud Offerings

Oracle Acquires Datalogix To Enhance Data Cloud Offerings

Oracle has reached an agreement to acquire Datalogix, a consumer data collection company that positions retailers and other B2C companies to connect offline consumer spending to their digital marketing initiatives. Financial...

CommerceHub To Acquire Mercent

CommerceHub To Acquire Mercent

CommerceHub, an e-Commerce solution provider, has signed an agreement to acquire Mercent, a Seattle-based retail technology company. Financial terms of the agreement have not been disclosed. The CommerceHub virtual-inventory platform...

SHOEme Acquires Shoes.com

SHOEme Acquires Shoes.com

SHOEme, parent company of online footwear retailers Onlineshoes.com and SHOEme.ca, has acquired Shoes.com from Brown Shoe Company for an undisclosed sum. “Our top priorities as we head into 2015 are to...

Financial News

119 Stores, 1.16 Million Payment Cards Hit In Staples Breach

119 Stores, 1.16 Million Payment Cards Hit In Staples Breach

In October 2014, Staples announced that it was collaborating with law enforcement to investigate a potential breach. The office supply retailer has since revealed that point of sale systems in...

PetSmart Agrees To $8.7 Billion Buyout

PetSmart Agrees To $8.7 Billion Buyout

PetSmart will sell itself to a consortium led by investment firm BC Partners for approximately $8.7 billion, or $83.00 per share in cash. The transaction was unanimously approved by the...

Delia’s Files For Bankruptcy

Delia’s Files For Bankruptcy

Teen brand and retailer Delia’s announced today that it plans to file for Chapter 11 bankruptcy protection and liquidate all merchandise. Recently, the retailer tried to raise funding and find...