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The Benefit Of Clicks Before Bricks In International Markets

The Benefit Of Clicks Before Bricks In International Markets

September 18, 2014 | Executive ViewPoints

As retailers explore new international markets, they are increasingly looking for quantifiable proof points of success through online channels. Internet retailing enables companies in their efforts to build their brand beyond domestic borders with a natural testing ground for products, while also allowing them to initially reduce the risks of opening a physical store in uncharted territory. It is no secret that the retail world is becoming significantly more and more digital. Internet and mobile retailing are forecast to continue their strong growth over the next five years. In 2013 Internet ...

Movers & Shakers

Brookstone Names Interim President And CEO

Brookstone Names Interim President And CEO

Brookstone announced the resignation of James M. Speltz, President and CEO and appointed its current Chief Merchandising Officer , Steve Schwartz, as Interim President and CEO. Speltz joined Brookstone in 1998...

Build-A-Bear Appoints Todorovic As CFO

Build-A-Bear Appoints Todorovic As CFO

Build-A-Bear Workshop has appointed Voin Todorovic as the company’s new CFO, effective Sept. 15, 2014. In this role, Todorovic will be responsible for global finance, accounting, tax, capital management and...

PunchTab Appoints Citrix Alum As New CEO

PunchTab Appoints Citrix Alum As New CEO

Omnichannel engagement and insights platform PunchTab has named Mike Mansbach CEO of the company. Mansbach previously served as head of the Global Sales and Client Services team for the SaaS division...

Mergers & Acquisitions

Dollar General Ups Bid For Family Dollar

Dollar General Ups Bid For Family Dollar

UPDATE: Dollar General has launched a tender offer to acquire all outstanding shares of Family Dollar for $80.00 per share in cash, or $9.1 billion. The offer is increased from the...

Catalina Acquires Cellfire To Expand Digital Coupon Network

Catalina Acquires Cellfire To Expand Digital Coupon Network

Personalized digital media company Catalina has entered into a definitive agreement to acquire Cellfire, a provider of load-to-card (L2C) digital coupons for consumer packaged goods retailers. Cellfire will operate under...

PetSmart Acquires Pet360, Increases Net Income By 5.1%

PetSmart Acquires Pet360, Increases Net Income By 5.1%

PetSmart has acquired online pet products retailer and integrated media company Pet360 for $130 million to ramp up its e-Commerce business. With the purchase, PetSmart will provide customers with seamless...

Financial News

LightSpeed Receives $35 Million To Expand Product Line

LightSpeed Receives $35 Million To Expand Product Line

LightSpeed, a provider of cloud-based commerce solutions, has closed $35 Million in new funding led by iNovia Capital and Accel Partners. This is the second round of funding for LightSpeed,...

Stein Mart To Open Six New Stores In 2014

Stein Mart To Open Six New Stores In 2014

Stein Mart, a discount retailer of fashion apparel, accessories, home décor and shoes, will open six new stores this fall as part of an extensive store expansion plan. In...

Francesca’s Q2 Earnings Dip, Lowers Full Year Outlook

Francesca’s Q2 Earnings Dip, Lowers Full Year Outlook

Francesca’s Holdings Corp., parent company of specialty retailer Francesca’s, reported a net income of $10.3 million in Q2 2014, declining from $14.6 million in Q2 2013. In response, the company...