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OfferUp Acquires Letgo, Procures $120 Million Investment As Mobile Marketplaces Merge

OfferUp has acquired fellow mobile marketplace letgo for an undisclosed sum, securing $120 million in funding in the process and combining two businesses with a total of 20 million monthly…

News March 25

Pier 1 Imports Furloughs Nearly Two-Thirds Of Headquarters Staff, Cuts Wages by 20%+

Pier 1 Imports will furlough 65% of its home office staff as the effects of the COVID-19 pandemic weigh heavily on the struggling retailer. The company also will reduce wages…

News March 25

How Digital Transformation Will Drive Sales And Channel Management

The ways that customers learn about and buy products and services is constantly evolving. Companies try to adapt their business models to the rapidly changing environment but these traditional method…

Executive Viewpoints March 25

The Mobile Wallet Opportunity In The U.S. Is Still Massive

Though mobile wallet passes have been around for a few years, this adaptable technology still holds fantastic potential because the adoption rate in the U.S. has been relatively low. Even…

Executive Viewpoints March 25

Study: Time Spent In Mobile Apps Drives Retail Sales Across In-Store, Online Channels

Mobile has continued its exponential growth as a sales and marketing channel for retailers, and it’s easy to see why. On average, shoppers spent approximately three hours and 40 minutes…

Features March 25

Bloomberg: Neiman Marcus Mulling Bankruptcy Filing

[Editor’s Note: This story has been updated with a comment from Neiman Marcus Group] Neiman Marcus has reportedly been talking with lenders about filing for bankruptcy, people familiar with the…

News March 24

H&M, GameStop And Nordstrom Reveal Their Plans To Weather COVID-19

As the COVID-19 outbreak’s impact is spreading, additional retailers are sharing their plans to survive the mass store closures required by social distancing. H&M is considering tens of thousands of…

News March 24

How John Varvatos Boosted ROI 148% With A Cloud-Based Communications Upgrade

View this On-Demand Webinar: Sometimes, the slowdowns and restrictions that legacy systems impose on a retailer are not glaringly obvious on a day-to-day basis. Employees establish workarounds or just shrug…

Features March 24

Exclusive Q&A: How Perry Ellis Leverages Digital-First Brand Experiences In Department Stores

As department stores seek to catch up with changing consumer habits, they will need to look to their innovative brand partners and tech providers to deliver relevant, can’t-miss shopping experiences.…

Features March 24
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