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JCPenney Finalizes Chairman Transition During Tumultuous Times For Department Stores

Myron “Mike” Ullman III, the longtime and former CEO of JCPenney, is retiring from his position as company…

News July 25
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PayPal-Visa Deal Signals Some Agreement Within Fragmented Mobile Payments Industry

The longstanding rivalry between PayPal and Visa appears to have been quelled, with the companies striking a deal…

News July 22
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Is Off-Price Now The New Normal?

While many traditional retailers had a weak Q1, off-price retailers such as TJX, Ross Stores and Five Below…

News July 22
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Eastern Mountain Sports, Bob’s Stores Merged Into New Holding Company

Private equity investment firm Versa Capital Management has formed a new holding company. Dubbed Eastern Outfitters, LLC, the…

News July 21
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MasterCard Buys UK Payments Provider VocaLink For $920 Million

In another sign that MasterCard is determined to stay relevant in a rapidly changing payments landscape, the company…

News July 21
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Nuance To Acquire TouchCommerce For $215 Million

Speech and interface tech company Nuance Communications, Inc. announced that it has signed a definitive agreement to acquire…

News July 21
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Font Company Monotype Buys UGC Startup Olapic For $130 Million

Digital typesetting and typeface design company Monotype has acquired Olapic, a user-generated content (UGC) startup, for approximately $130…

News July 21
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EBay Raises Revenue Guidance, Citing StubHub Success, Data-Driven Focus

Helped by a consistently strong revenue generator in StubHub, eBay has posted its second straight quarter of sales…

News July 21
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Target Appoints Former Apple Exec To Lead Supply Chain Processes

Target has appointed Ben Cook as Senior VP of Global Logistics, Inventory Allocation and Replenishment. Cook will be…

News July 21
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