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The Ecosystem Economy Is Reshaping Merchant Technology. Here’s What Comes Next.
In the U.S., at least half of the 10 largest companies could now be considered technology firms. On that list, only Apple was founded with a pure focus on technology.…
Executive Viewpoints August 13
67% Of Shoppers Want A ‘Futuristic’ Experience, But It Must Drive Convenience
The technological future has arrived, in the form of voice commerce, SMS payments, chatbots and augmented reality, and shoppers are ready to embrace it: 67% of customers said they’d switch…
News August 13
Rite Aid Appoints New CEO
Rite Aid has appointed Heyward Donigan as CEO, effective immediately. Donigan replaces John Standley, who will step down after nine years in the role. Standley’s exit had been planned since…
News August 12Apparel Group Deploys POS And Inventory Solutions To 700+ Stores
Apparel Group has selected Oracle to help its meet its long-term strategic, financial and operational goals. The retailer will use the platform to streamline processes across its departments, launch new…
News August 12
Betabrand Turns San Francisco Store Into A Podcast Studio Complete With Live Audience
Betabrand is no stranger to forward-thinking experiential retail: the company leverages a crowdfunding platform that enables online shoppers to decide what clothes get designed, manufactured and sold on Betabrand.com. In…
News August 12Nike Launches Kid’s Shoe Subscription Service
Nike is stepping into subscriptions with the children’s shoe service Adventure Club. The retailer offers three tiers, ranging from four to 12 pairs of sneakers per year, chosen from more than…
News August 12
Steve Madden Acquires GREATS
Steve Madden has acquired GREATS, a Brooklyn-based digitally native footwear brand specializing in Italian-made sneakers, for an undisclosed amount. Founded in 2014 by Ryan Babenzein, GREATS opened a 500-square-foot flagship in…
News August 12
Farfetch Adds Tech, New Brands With $675M Purchase Of New Guards
The online luxury fashion marketplace Farfetch has purchased New Guards Group, a brand platform that has launched several global luxury fashion brands, for $675 million. The acquisition extends Farfetch’s capabilities to…
News August 12How Retailers Can Reduce The Risk Of Credential Threats
By Mike Wilson, Enzoic Retailers face a barrage of security threats from a variety of sources. As the number of breaches continues to soar, brands must take action to reduce…
Executive Viewpoints August 12
