Financial News

Staples Earnings Hindered By Store Closures, Foreign Exchange Rates

Staples Q2 2014 total company sales decreased 1.8% to $5.2 billion, compared to $5.3 billion in Q2 2013. Foreign exchange rates and…

Target Reports 61.7% Drop In Profits

Target reported higher sales in its U.S. and Canadian divisions during a quarterly earnings report call. Total sales reached $17.4 billion, a…

Walmart Lowers Financial Forecast For 2014

Walmart has lowered its 2014 FY forecast, citing “incremental investments in e-Commerce” and higher-than-estimated health care costs. Initially, the retailer predicted that…

Omnichannel Helps Macy’s Boost Sales By 3.3%

Macy’s Inc. reported sales of $6.3 billion for Q2 2014, a 3.3% increase over the same period in 2013. For the first…

Nordstrom Sees 6.2% Growth In Net Sales, Shares Details On Trunk Club Acquisition

Nordstrom executives shared details on the retailer’s acquisition of Trunk Club during the Q2 2014 earnings call, citing that the deal, including…

Windsor Circle Raises $5.25M In Series B Funding

Customer retention software company Windsor Circle has secured $5.25 million in Series B funding. The funding round was led by Comcast Ventures….

Traitify Secures $4M In Series A Funding For Personality API

Traitify, a customer personalization provider, has raised $4 million in Series A funding to expand its personality API technology. The funding round…

Data Breach Costs Target $148 Million In Gross Expenses

Target is struggling to financially recover from the much-publicized data breach announced last year. The December 2013 breach cost Target $148 million…

SKECHERS Sees 37% Year Over Year Boost In Net Sales

Footwear brand and retailer SKECHERS reported Q2 2014 net sales of $587 million, the highest quarterly revenues in its 22-year history and…

First Data Closes $3.5 Billion In Private Placement

First Data Holdings Inc., the parent company of First Data Corporation, has netted $3.5 billion of its common equity from the closing…

Capillary Technologies Raises $14 Million In Series B Funding

Capillary Technologies, a cloud-based marketing platform solution provider, has secured $14 million in Series B funding to further improve the company’s marketing…

RetailNext Secures $30 Million In Growth Equity Financing

RetailNext, a provider of in-store analytics solutions, has raised $30 million in growth equity financing. The investment round was led by Nokia…

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Financial News

Staples Earnings Hindered By Store Closures, Foreign Exchange Rates

Target Reports 61.7% Drop In Profits

Walmart Lowers Financial Forecast For 2014

Omnichannel Helps Macy’s Boost Sales By 3.3%

Nordstrom Sees 6.2% Growth In Net Sales, Shares Details On Trunk Club Acquisition

Windsor Circle Raises $5.25M In Series B Funding

Traitify Secures $4M In Series A Funding For Personality API

Data Breach Costs Target $148 Million In Gross Expenses

SKECHERS Sees 37% Year Over Year Boost In Net Sales

First Data Closes $3.5 Billion In Private Placement

Capillary Technologies Raises $14 Million In Series B Funding

RetailNext Secures $30 Million In Growth Equity Financing

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Case Study: Sony BRAVIA Professional Displays Power Stella McCartney’s Global Store Digital Signage

Multimodal Commerce: New Era of Online Shopping

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