Menu
RSS

Featured Stories

SABON Boosts Black Friday Sales By 35% With Site Personalization

SABON Boosts Black Friday Sales By 35% With Site Personalization

March 4, 2015 | Retail Success Stories

Each shopper has a unique journey. They have specific goals and preferences, and as a result, have different expectations of brands and retailers. Retailers are striving to connect and engage customers, regardless of their unique preferences, by embracing personalization. While ratings and recommendations have become more commonplace, new tools and technologies empower retailers to personalize different phases of the browsing and buying journey.

Movers & Shakers

Kenneth Cole Names Marc Schneider As CEO

Kenneth Cole Names Marc Schneider As CEO

Kenneth Cole Productions has appointed Marc Schneider as its CEO, where he will assume responsibility for the company’s retail, outlet, e-Commerce, international, licensing and wholesale businesses. Schneider will report to...

Credorax Adds Visa Alum To Board Of Directors

Credorax Adds Visa Alum To Board Of Directors

Online payment processor and bank services acquirer Credorax has named Joshua Floum Chairman of its Board of Directors. In this role, Floum will further facilitate the company’s growth in merchant...

Target Appoints New CIO To Lead Digital Transformation

Target Appoints New CIO To Lead Digital Transformation

Target has appointed Tesco alum Mike McNamara as its new Executive Vice President (EVP) and Chief Information Officer (CIO). McNamara will replace Bob DeRodes, who is retiring after guiding Target’s...

Mergers & Acquisitions

PayPal Acquires Paydiant

PayPal Acquires Paydiant

PayPal has acquired mobile payment company Paydiant in an effort to expand its breadth of mobile solutions for retailers. Although terms of the deal have not officially been disclosed, a...

Rite Aid Acquires EnvisionRx For $2 Billion

Rite Aid Acquires EnvisionRx For $2 Billion

Drugstore chain Rite Aid will acquire EnvisionRx, a full-service pharmacy benefit management (PBM) company, for $2 billion. Rite Aid will pay approximately $1.8 billion in cash and $200 million in...

RadioShack Files For Bankruptcy, Sprint To Purchase Fraction Of Stores

RadioShack Files For Bankruptcy, Sprint To Purchase Fraction Of Stores

UPDATE: RadioShack has filed for Chapter 11 bankruptcy, according to The Associated Press. The electronics retailer will sell up to 2,400 of its stores. As part of the bankruptcy filing, Sprint will purchase...

Financial News

Ron Johnson Leads Nasty Gal Funding Round

Ron Johnson Leads Nasty Gal Funding Round

Former J.C. Penney CEO and Apple executive Ron Johnson is leading a Series C funding round for apparel retailer Nasty Gal. Although early reports indicated that Johnson and Index Ventures would...

As Macy's Executive Team Changes, Bluemercury Acquisition Boosts Financial Predictions

As Macy's Executive Team Changes, Bluemercury Acquisition Boosts Financial Predictions

Macy's is predicting financial results for the 2014 fiscal year to fall between $4.35 and $4.37 per diluted share, higher than the retailer's initial expectations of $4.25 and $4.35 per...

Volusion Secures $55 Million In Funding

Volusion Secures $55 Million In Funding

Volusion, a provider of e-Commerce software and services, has secured $55 million in a financing round led by Main Street Capital Corporation. The company will use the funds to further...