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Express Names Chief Merchandising And Chief Marketing Officers
Express has appointed Malissa Akay to the role of EVP and Chief Merchandising Officer and Sara Tervo as EVP and Chief Marketing Officer. Both executives will join Express on Sept.…
News August 13Hoping For Quick Sale, Loot Crate Files For Bankruptcy
Loot Crate, the subscription box retailer catering to gaming and pop culture enthusiasts, has filed for Chapter 11 bankruptcy. The company is planning to sell itself to Money Chest LLC,…
News August 13The 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 1367% 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 13Rite 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 12Betabrand 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 12Steve 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…
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