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A.C. Moore To Close All Stores, Michaels Acquires 40 Locations
Arts and crafts retailer A.C. Moore will close all of its 145 stores, parent company Nicole Crafts announced in a news release. Matthew Pascucci of Mackinac Partners has been appointed Chief…
News November 26Best Buy Expects Strong Holiday Quarter, But Dollar Tree Struggles With Tariff Impacts
The U.S.-China trade war and its associated tariffs are hanging over virtually all retailers’ heads this holiday season, but different retailers are responding to the pressure in different ways. For…
News November 26Mars Wrigley, Standard Cognition Team Up To Study Impulse Buying In Cashierless Stores
Standard Cognition, an AI-powered solution provider that offers autonomous checkout technology to brick-and-mortar retailers, has partnered with Mars Wrigley in an effort to learn how to keep “impulse shoppers” buying…
News November 26
Solving Omnichannel Fulfillment Challenges With Always-On Cognitive Automation
As digital natives continue to push the boundaries of convenience, traditional brick-and-mortar retailers have turned to omnichannel fulfillment as a mechanism to meet rising consumer expectations. While the concept seemed…
Executive Viewpoints November 26Toys ‘R’ Us Canada Updates E-Commerce Platform
Toys ‘R’ Us Canada has relaunched its ToysRUs.ca and BabiesRUs.ca sites with the help of digital commerce agency Astound Commerce. The agency was tasked with helping Toys ‘R’ Us Canada re-platform its…
News November 25
EBay Sells StubHub For $4.05 Billion
eBay has entered a definitive agreement to sell StubHub to viagogo, a global ticket marketplace for live sports, music and entertainment events, for $4.05 billion in cash. The transaction is…
News November 25
LVMH To Acquire Tiffany For $16.2 Billion
LVMH has entered into a definitive agreement to acquire Tiffany for $135 per share in cash in a transaction valued at $16.2 billion. The news comes less than a month…
News November 25
CasaOne Raises $16 Million In Series B Financing Round
CasaOne, a furniture rental company, has completed a $16 million Series B round of financing, led by Accel with participation from JLL Spark, Freestyle Capital, NextWorld Capital, and Array Ventures. The new…
News November 25
The Vitamin Shoppe Brings Data-Driven Product Sampling To Innovation Stores
As part of The Vitamin Shoppe’s launch of its Innovation stores, the retailer has sought to reach one of its primary goals: to help “demystify” the wellness space and re-establish…
News November 25
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