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RadioShack 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
Chef’d Acquired By Food Tech Company After Suspending Operations
More than a week after suspending operations, citing funding and expense issues, meal kit seller Chef’d has found a buyer. True Food Innovations, a food technology, CPG and manufacturing company,…
News July 25
Lululemon Hires Sephora Exec As CEO
Lululemon Athletica has appointed Calvin McDonald as its new CEO, effective Aug. 20, 2018. McDonald succeeds Laurent Potdevin, who resigned in February 2018 following allegations of improper conduct violations. McDonald…
News July 25Ivanka Trump Shuts Down Namesake Brand; Is Consumer Backlash The Cause?
Ivanka Trump has decided to shut down her namesake fashion brand as she switches her focus to policy in Washington “for the foreseeable future,” according to a statement. Criticism of…
News July 25
OpenSimSim Offers Employee Scheduling Platform
OpenSimSim is an employee scheduling solution designed to help managers within the restaurant, hospitality and retail sectors to create weekly schedules for employees. The platform, which offers apps for iOS…
News July 25
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