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Burlington, Dollar Tree Show Solid Q2 Results
Q2 financial results that outperformed Wall Street expectations for Burlington Coat Factory and Dollar Tree showcase the health of off-price retail, even as sectors such as department stores continue to…
News August 24
Target Appoints New Chief Strategy And Innovation Officer
Target has appointed Minsok Pak as EVP, Chief Strategy and Innovation Officer, effective Sept. 11, 2017. Pak brings many years of experience leading global retail and consumer companies. He will…
News August 24Sears To Shutter 28 Kmart Stores As Comp Sales Dip 11.5%
In what feels like yet another “Groundhog Day” moment for the retailer, Sears Holdings is closing 28 more Kmart stores. Sears revealed the closures in its Q2 earnings report, which…
News August 24
Tulip Raises $40 Million To Spur International Growth
Tulip, a mobile app platform built for retail stores and associates, has raised $40 million in Series B funding. Kleiner Perkins led the round, joining existing investors including Jump Capital.…
News August 24
GameStop Names Senior VP Of Collectibles Amid Brand Repositioning
GameStop is undergoing a transformation to move beyond video games and dedicate more space to gaming collectibles in its stores. As part of this transformation, the retailer has created a…
News August 24
Exclusive Q&A: How Charlottesville Is Motivating Brands To Take A Stand
Taking a political stand on almost any issue has long been considered a risky move for companies — particularly those, like retailers, that must appeal to consumers across the political…
Features August 24
Private Equity Firm Acquires Digital Experience Testing Provider Applause
Investment firm Vista Equity Partners has acquired Applause, a technology provider and crowdsourced software testing community designed to optimize digital experiences for retailers and brands. Terms of the deal were…
News August 23Alexa, You Have Competition: Walmart Teams With Google To Activate Voice Shopping
Walmart has fired yet another shot at Amazon, with the Bentonville behemoth now setting its sights on voice shopping. Amazon’s Alexa has wowed throughout 2017, but Walmart is teaming up…
News August 23Metro Shoes Taps IBM Watson To Streamline Inventory Management, Personalization
Indian footwear retailer Metro Shoes is launching a digital commerce platform powered by Watson Customer Engagement hosted on IBM Cloud. The platform includes the IBM Watson Order Management and Commerce…
News August 23
