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Sears Secures $350 Million For Holiday Season Operations
Sears has received approval for $350 million in bankruptcy financing to keep the retailer afloat through the holidays, according to CNBC. The loan will be provided by Cyrus Capital Partners, replacing…
News November 28Thanksgiving Weekend Results: Good News, Or Good News-Bad News?
As expected, Thanksgiving weekend brought in the big bucks for retailers: online sales alone surpassed $20 billion, according to Adobe Analytics. And while overall brick-and-mortar traffic decreased by 1.7% on…
Executive Viewpoints November 28
Getting Physical: Three Tips For Bridging Online And Offline Experiences In The New Year
Recently Wayfair and Casper joined the likes of fellow e-Commerce brands Amazon, Everlane, Glossier and many others that are all experimenting with, or opening permanent, brick-and-mortar stores. However, with many…
Executive Viewpoints November 28
Exclusive Q&A: How NomNomNow Carved A New Niche With Healthy Pet Food
The pet food market is dominated by a few well-known brands manufactured by international conglomerates: Purina, Pedigree, Iams, etc. But there are numerous pet owners seeking healthier alternatives for the…
News November 28
Wine.com Secures $32.5 Million Funding Round
Wine.com has raised $32.5 million in growth capital led by Goldman Sachs Asset Management’s Private Credit Group (GSAM PCG). The online wine retailer will use the capital to enhance its…
News November 27Overstock To Divest Retail Operations In Favor Of Blockchain
Overstock is preparing to sell off the retail side of its business by February 2019, according to The Wall Street Journal. Overstock will instead focus on its Medici Ventures unit,…
News November 27Site Outages Plague Walmart, J.Crew, Lowe’s, Best Buy, Office Depot During Black Friday Weekend
Despite retailers having all year to prepare for the deluge of online shoppers on Thanksgiving weekend, some of the industry’s biggest players experienced web site outages throughout the weekend. Shoppers…
News November 27Forrester Acquires SiriusDecisions For $245 Million
Forrester Research has acquired SiriusDecisions, a B2B research advisory firm, for $245 million in cash. While Forrester works with business and technology leaders in retail, financial services, health care, energy…
News November 27
Smartphones Generate 49% Of Thanksgiving Weekend Traffic
Thanksgiving, Black Friday, Small-Business Saturday and Cyber Monday were powerhouse days for retail this year, racking up online sales of more than $20.8 billion, according to Adobe Analytics. Individual days’…
News November 27
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