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Amazon Purchases Indian Hypermarket Chain More For $580 Million
Amazon and Indian private equity firm Samara Capital have acquired More, an Indian supermarket and hypermarket chain, for $580.35 million, according to Reuters. Aditya Birla Group, the parent company of…
News September 19Macy’s, Retail Associations Protest As Tariffs On $200B In Chinese Goods Take Effect
In the latest escalation of U.S.-China trade tensions, China will institute new tariffs on $60 billion worth of U.S. goods on Sept. 24. Macy’s CEO Jeff Gennette is one of…
News September 19Startup Lets Shoppers Try Before They Buy From Fashion Retailers
Brick-and-mortar apparel retailing has long held a trump card against e-Commerce: the ability to let shoppers try on products before they make a purchase. Startup Try.com is attempting to solve…
News September 19Staples Acquires Essendant For $996M As Retailer Seeks Wholesale Revival
Staples has acquired Essendant, a national wholesale distributor of office supplies, for $996 million, including net debt. The deal, coming a year after Staples was acquired by investment firm Sycamore Partners…
News September 19Exclusive CEO Insights: 3 Reasons Brands Need An Online Marketplace Strategy
Today’s fiercely competitive online marketplaces have changed marketing. With the advent of behemoth online marketplaces like Amazon, gone are the days of throwing ideas against the wall and hoping something…
Features September 19Can Service Offerings Help ‘Amazon-Proof’ Retailers?
Many retailers seeking ways to enhance the value of the shopping experience are turning to services, whether offered in-store or in the shopper’s home. In a Shop.org Big Ideas session,…
Executive Viewpoints September 19BJ’s Offers Expanded Toy Selection For Holiday 2018
Walmart and Target aren’t the only major retailers looking to fill the Toys ‘R’ Us-sized gap ahead of the holiday season. BJ’s Wholesale Club is jumping in on the fun, offering…
News September 193 Ways For Retailers To Leverage The Extended ‘Back To School’ Season
Class may be in session, but that doesn’t mean back to school shopping is over. According to an August survey from the National Retail Federation and Prosper Insights & Analytics,…
Executive Viewpoints September 19Postmates Raises $300 Million Funding Round, Eyes 2019 IPO
In the latest sign that investor confidence in on-demand delivery continues to skyrocket, Postmates has raised $300 million in a funding round led by Tiger Global Management. The deal values…
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