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Barneys 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 5ASOS Brings Pay-By-Installment Options To Its U.S. Business
ASOS will extend its payments partnership with Klarna to offer flexible financing options in the U.S. The solution lets customers pay for their purchases in four equal, bi-weekly payments without…
News August 5CVS Pharmacy Rolls Out Membership Program Nationwide After 3-City Pilot
CVS will be expanding its CarePass program nationally, available with either monthly or annual memberships. Benefits include free one- or two-day delivery on eligible prescriptions and other purchases, access to a…
News August 5
PriceSpider Acquires ORIS Intelligence
PriceSpider, a data and consumer analytics technology firm, has acquired ORIS Intelligence, which provides near real-time analytics on pricing inconsistencies for brand manufacturers. Details of the transaction have not been disclosed.…
News August 5Wellness Is Not A Nice-To-Have, It’s A Must-Have
By Allison Ames, Beanstalk As political and social upheaval take place at alarming rates around the world today, one thing is indisputable — these are uncertain times. It’s no accident…
Executive Viewpoints August 5
Inserting Your Brand Into The Modern Shopping Experience
To say the modern shopping mall has undergone transformation is an understatement. In the glory days from around 1956 to 2005, shopping centers were closed-in, bi-level, monolithic structures with anchor…
Executive Viewpoints August 5
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