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UPDATE: Farfetch CEO Out as Luxury Brands Including Kering, Neiman Marcus Flee the Platform in Wake of Sale to Coupang
[Update from 2/15/2024] Farfetch Founder and CEO Jose Neves is stepping down and further layoffs are imminent, according…
News February 15
Party City to Deploy Price Optimization Solution
Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on…
News February 15
Skechers Opens 5,000th Store, Aims for 10,000 Total
Skechers has opened store number 5,000, in Bogotá, Colombia, nearly 30 years after opening its first store in…
News February 15
Staples Rebrands, Enhances Loyalty Program
Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free…
News February 15
UPDATE: Saudi Investor Group Takes Majority Stake in Children’s Place, Offers Financing as Retailer Works to Avoid Bankruptcy
[Update from 2/15/24] Shares of The Children’s Place (NASDAQ: PLCE) are up 80% in early trading today on…
News February 15
Venus et Fleur
Venus et Fleur, the luxury gifting brand known for its Eternity florals, has opened its 10th retail location…
News February 15
Building Connected Commerce in the Age of Loneliness
In May 2023, the U.S. Surgeon General declared the country had entered a loneliness epidemic, which could prove…
Executive Viewpoints February 15
Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy
Amid declining sales, apparel retailer Express has hired restructuring adviser M3 and law firm Kirkland & Ellis to help…
News February 14
Instacart Lays Off 250 in Move to Streamline and Focus on Growing Retail Media Business
Instacart has laid off 250 employees in a move to “reshape” the newly public company, as it looks…
News February 14Top Stories
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