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Target EVP and Chief Digital and Revenue Officer Sarah Travis on the Target Plus Marketplace Strategy
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Perry Ellis Goes Private, GameStop May Follow
Perry Ellis International has entered into a definitive merger agreement to be taken private under a newly formed entity controlled by Founder and Director George Feldenkreis. The transaction, which was…
News June 19
How Retailers Can Emerge From Troubled Times With Asset-Based Lending
The evolving customer demand and shift in conventional shopping habits and preferences has fundamentally altered the retail landscape. Retailers are filing for bankruptcy at record high rates as the industry…
Executive Viewpoints June 19NRF Asks Congress To Intervene In ‘Reckless Escalation’ Of Tariff Threat
The National Retail Federation (NRF) has called on Congress to counter President Trump’s threat to place atariff on an additional $200 billion of Chinese goods, if China doesn’t yield to…
News June 19
Adobe Completes $1.68 Billion Magento Acquisition
Adobe has officially acquired Magento Commerce for $1.68 billion. Adobe will integrate the Magento Commerce Cloud into the Adobe Experience Cloud, creating a single platform for both B2B and B2C customers.…
News June 19
Quick Quotes From Retail Execs At IRCE And CRMC
The educational programs at IRCE and CRMC, both held in Chicago the first week of June, provided insights that went far beyond just the shows’ overarching topics of e-Commerce and customer…
Features June 19
Rue21 Names Chico’s Exec President And CEO
Laurie Van Brunt, most recently President of Soma Intimates at Chico’s FAS, will take the reins as President and CEO at rue21. Van Brunt succeeds Michael Appel, who was named…
News June 18Vintage Capital Buys Struggling Rent-A-Center For $1.36 Billion
Rent-A-Center will be acquired by Vintage Capital for approximately $1.36 billion in a deal that values the company’s stock at $15 per share. Vintage will take the retailer private after…
News June 18H&M Launches Afound, A Discount Omnichannel Retailer
Afound, an omnichannel discount fashion retailer own by H&M Group, will feature both external brands and H&M’s own labels, including COS, & Other Stories, Weekday and Cheap Monday. The retailer…
News June 18$550 Million Google Investment Opens U.S. Sales Channel For JD.com
Google will invest $550 million in cash in Chinese e-Commerce giant JD.com. By combining JD.com’s supply chain and logistics with Google’s technology, the two companies will collaborate to develop retail…
News June 18
