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CNBC: Sears Receives $100 Million Loan From Brigade Capital Management
Sears will receive another lifeline in the form of $100 million in financing from Brigade Capital Management, people familiar with the matter told CNBC. The funds will be added to…
News February 21
Augmenting The Retail Workforce And Building Solutions For Them
We’ve read the dire headlines about the changing work landscape, claiming that automation and AI are threatening millions of U.S. jobs. On the surface, stories like these paint a dystopian…
Executive Viewpoints February 21
The Future Of Retail Is As Simple As I.D.E.C.
No one would deny that the face of retail is changing due to the forces of e-Commerce. What we may not fully grasp yet is how that pace of change…
Executive Viewpoints February 21
Zappos Collaborates With Crowdsourcing Community To Air 10 Short Films At Sundance
The Sundance Film Festival, designed around storytelling that delivers fresh perspectives, serves as an annual showcase for independent film makers and other content creators to bring their media to new…
Features February 21
Bed Bath & Beyond Will Invest Up To $400 Million On Store Renovations, Supply Chain
Bed Bath & Beyond revealed a new $1 billion capital allocation strategy for the 2020 fiscal year that will include approximately $600 million on share repurchases and debt reduction, and…
News February 20RetailX And Retail TouchPoints Launch Awards Program Honoring Experiential Excellence
Experience is paramount in the new era of retail, which is why RetailX and Retail TouchPoints have created the Brand Experience Awards: to recognize the brands that are winning customer…
News February 20Gap Offers Shoppers Credit For Donating Resale-Ready Apparel
Gap Inc., in partnership with fashion resale platform thredUP, will encourage customers to turn in their secondhand clothes in exchange for shopping credits at Gap, Banana Republic, Athleta and Janie…
News February 20
Sycamore Partners To Take Victoria’s Secret Private In $525 Million Deal
L Brands and Sycamore Partners have announced a strategic transaction in which Sycamore Partners will acquire a 55% stake in Victoria’s Secret for $525 million, taking the retailer private, while…
News February 20
Etsy Migrates To Google Cloud To Enhance Machine Learning Capabilities
Etsy has fully migrated the infrastructure behind its e-Commerce operations from two data centers to Google Cloud, leveraging the server’s computing power to improve its machine learning and product development…
News February 20
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