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Albertsons Launches AI-Powered Restructure Following Soft Q1 Results
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Is Private Equity To Blame For Retail Job Losses And Bankruptcies?
Private equity firms have been in retail news recently for all the wrong reasons: private equity ownership appears to be a common denominator with many bankruptcy filings over the past…
Executive Viewpoints August 7
Geofencing And Mobile Push Notifications: A Match Made In Customer Engagement Heaven
In a world where people are bombarded by noise and messages at all times, there’s extreme value in being able to communicate instantly and directly with consumers. Breaking through the…
Executive Viewpoints August 7
Exclusive Q&A With Shopify Plus VP: Why DTC Isn’t Slowing Down Any Time Soon
Shopify has been one of the biggest growth stories within e-Commerce in recent years, with the company’s stock skyrocketing 130% year-to-date and a reported 48% revenue surge of $362 million…
Features August 7
Longtime Victoria’s Secret CMO Will Resign
Ed Razek, CMO of Victoria’s Secret parent L Brands, will step down from the role he has held since 1983. In an internal memo to staff, L Brands Chairman and…
News August 6Raley’s Expands Dynamic Pricing To All Stores
Raley’s is bringing dynamic pricing across the entire chain through the Eversight Pricing Suite. The software is designed to optimize product categories across various strategic goals to make pricing decisions…
News August 6Barneys New York Files For Bankruptcy, Will Close 15 Stores And Seek Buyer
UPDATE: Barneys New York revealed it has secured new financing of $218 million from Brigade Capital Management, LP and B. Riley Financial, Inc., replacing the previously announced $75 million initially offered…
News August 6
“Store”-age Virtualization: How Retailers Can Gain An Edge With IT Operations
For many retail organizations, individual stores are spread far and wide, oftentimes with thousands of locations. In any given store location, there are many applications and Internet of Things (IoT)…
Executive Viewpoints August 6
1-800-FLOWERS.COM Acquires Shari’s Berries For $20.5 Million
1-800-FLOWERS.COM has won an auction to purchase certain assets from FTD, including the Shari’s Berries brand, for $20.5 million. The bankruptcy court will consider approval of the transaction on Aug.…
News August 5Report: Zulily Plans Layoffs Amid Streamlining Of Merchandise, Studio Teams
Zulily is laying off employees at corporate offices in Seattle and Columbus, Ohio as part of a restructuring effort, according to a Zulily spokesperson and an internal memo from CEO…
News August 5
