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Bread Secures $60 Million To Extend Financing Platform Capabilities
Bread, a marketing technology company that builds customizable financing solutions for retailers and brands, has completed a $60 million round of equity financing. The company, which first closed $126 million…
News September 19Hershey Launches Mobile Customer Insights Center To Assist Retail Partners
The Hershey Company has opened its Mobile Customer Insights Center (MCIC), an extendable tractor trailer that will allow the manufacturer to offer insights and expertise to retail partners in a…
News September 19
Cegid Buys SMB Tax Solution Loop Software
Cegid has acquired Loop Software, which offers a collaborative cloud-based accounts management and taxation solution for accountants and small and medium-sized enterprises. Terms of the deal were not disclosed.
News September 19
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 19
Staples 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 19
Exclusive 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 19
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