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Target EVP and Chief Digital and Revenue Officer Sarah Travis on the Target Plus Marketplace Strategy
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Mattel Cuts 2,200 Jobs As Sales Fall, Shares Drop 8%
Mattel shares have dropped more than 8% after the toy manufacturer said it would cut 2,200 jobs, representing 22% of its global non-manufacturing workforce. The job cuts come just months…
News July 26
Best Buy Multichannel Retail President Leaving The Company
Shari Ballard, EVP and President of Multichannel Retail at Best Buy, will leave her position on Aug. 3, 2018, according to TWICE. The company does not have plans to replace…
News July 26
Scandit Raises $30 Million To Accelerate Global Expansion, Product Development
Scandit, a mobile data capture platform, has raised $30 million in a Series B funding round to accelerate the company’s global expansion and product development. The latest round, led by…
News July 26Walmart Launches ‘Shop By Style’ Online Nursery Destination
Walmart has launched a nursery destination as part of its recently redesigned e-Commerce site experience, expanding its assortment across all baby categories. The move comes a few months after Toys…
News July 26RadioShack Plans 100 Express Stores In HobbyTown Locations
RadioShack’s path back from its second bankruptcy now runs through HobbyTown, a hobby and toy retailer with more than 150 stores in 41 states. The electronics retailer first plans to…
News July 26
United Natural Foods Acquires Supervalu For Nearly $3 Billion
Grocery giant Supervalu has finally found a buyer. United Natural Foods (UNFI) has acquired Supervalu for approximately $2.9 billion, including debt. Executives at Supervalu and UNFI said the combined firm…
News July 26
The RealReal Secures $115 Million In Funding, Aims To Expand Store Footprint
The RealReal, an authenticated luxury consignment retailer, has closed a $115 million Series G funding round. With this round, The RealReal has raised a total of $288 million in equity capital. “This…
News July 26
The Fractional Ownership Of Everything
The “modern” consumer is rethinking the value of ownership. Over the last several years they’ve come to realize that the sharing of items and services is cheaper, less burdensome, more…
Executive Viewpoints July 26eBay Offers SMB Lending Through Square, Adds Apple Pay
eBay has partnered with Square to provide its U.S. sellers with access to business financing of up to $100,000. Starting in Q3, merchants on the site can apply for a…
News July 25
