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Ascena Retail Sells Maurices Majority Stake To Private Equity Firm For $300M
Ascena Retail Group, the conglomerate that owns and operates specialty apparel retailers including Ann Taylor, LOFT, Lane Bryant and DressBarn, is selling off its majority stake in Maurices as it…
News March 25Hibbett Sports Announces 95 Store Closures, Begins Search For New CEO
Hibbett Sports President and CEO Jeff Rosenthal will retire after more than 21 years with the company. The retailer also announced that it will close 95 Hibbett stores in fiscal…
News March 25
Study: 69% Of Shoppers Leave A Site If Product Info Is Subpar
Today’s shopper can get all the information they need about a product online if they seek it out, but individual retailers often drop the ball when it comes to aggregating…
News March 25
What Retailers Can Learn From The Amazon Vs. Walmart Tech War
At the end of 2018, Walmart announced an impressive 43% increase in e-Commerce sales. This significant jump was largely fueled by investment in digital assets like its online marketplace, new…
Executive Viewpoints March 25Serving Retail Consumers In An Age Of Digital Transformation
By Bryan Gray, Alorica As the retail industry transitions to a digitally-driven customer experience, companies are faced with the difficult task of creating an exceptional customer journey online. Digitization has…
Executive Viewpoints March 25Amazon Reportedly Plans Mobile Video Ads Inside Its App
Amazon plans to diversify its ad services with video spots on its smartphone shopping app, according to Bloomberg. The retail giant has been beta testing the service on the iOS…
News March 22
Brandless Co-Founder Relinquishes CEO Role But Will Co-Chair Board
Less than two years after co-founding and launching Brandless, Tina Sharkey is stepping down as CEO of the e-Commerce site to transition into a new role as Co-Chair of the…
News March 22CVS Introduces CBD-Infused Topicals In 8 States
CVS has launched goods infused with cannabidiol (CBD) at select stores in eight states, according to CNBC. The initial product lineup includes creams, sprays, roll-ons, lotions and salves, and is…
News March 22
GameStop Names Retail Veteran As CEO
GameStop has appointed George Sherman as CEO and member of the Board of Directors, effective April 15. He succeeds Shane Kim, who has served as interim CEO since May 2018, when…
News March 22
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