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Toys ‘R’ Us Wins Approval To Sell Asian Operations For $760 Million
Toys ‘R’ Us has won approval in bankruptcy court to sell the majority stake of its Asian operations, which includes more than 450 stores in 10 markets, to a joint…
News December 18Genesco Sells Lids For $100 Million; Fanatics Takes Minority Stake In Buyer
Genesco will sell Lids Sports Group to FanzzLids Holdings, a holding company owned by Ames Watson Capital, for $100 million in cash. Additionally, Fanatics will make a minority investment in…
News December 18
How Do Small Merchants Tackle ‘Amazonization’?
Amazon has transformed the retail world. From humble roots, this little online bookstore has become one of the largest businesses on earth. Indeed, Amazon’s pervasive position has spawned a new…
Executive Viewpoints December 18California Sets New Tax Rules For Out-Of-State Online Retailers
The South Dakota v. Wayfair Supreme Court decision required online-only retailers to collect sales taxes, even in states where they don’t have a physical presence. One state already is following…
News December 18
PupSocks Boosts Paid Social Advertising Revenue 12% With Predictive AI
PupSocks gives pet owners the chance to show how much they love their pets by custom-printing their faces on socks, mugs, tote bags and more. With such a visually oriented…
Features December 18Sears Secures $25.3 Million For Executive Bonuses Despite $1.9 Billion In 2018 Losses
A U.S. Bankruptcy Court judge has signed off on Sears’ request to give top executives up to $25.3 million in bonuses, even as the company reported nearly $1.9 billion in…
News December 17Google Boosts Global Business With $1 Billion+ New York Campus
Google will invest more than $1 billion to establish a new campus in New York City. The 1.7 million-square-foot Google Hudson Square campus, which includes two buildings on Hudson Street…
News December 17Grinchbots Seize The Holiday Season: A Data Lesson For Retailers
By Dimitiri Vlachos, Devo Technology It was Christmas and my nieces and nephews asked for just one thing: Hatchimals. I was desperate to find them, but everywhere I looked was…
Executive Viewpoints December 17Instacart And Whole Foods End Grocery Delivery Partnership
Instacart and Whole Foods Market are terminating their grocery delivery partnership, a perhaps inevitable end after Amazon acquired the natural foods grocer in June 2017. Instacart Founder and CEO Apoorva…
News December 17
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