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Vantiv Goes Global With $9.9 Billion WorldPay Acquisition
U.S. credit card processor Vantiv has agreed to buy UK-based payment processor Worldpay Group for £7.7 billion ($9.9 billion). Both Vantiv and financial services firm JPMorgan Chase showed the most…
News July 6
Innovation Gurus Rate What’s Hot/What’s Not In New Tech
Separating what’s truly innovative from what’s merely interesting is one of the biggest challenges in retail. Then there’s another crucial step: identifying technologies that are not only innovative but will…
Features July 6
QVC Parent Scoops Up Rival HSN For $2.1 Billion
Liberty Interactive, the parent company of QVC, has acquired the majority of HSN Inc., merging two retail giants that built empires on selling products 24/7 on television. Despite this legacy,…
News July 6Food Supplier Partners With Alipay To Expand Reach In U.S. Chinese Community
Alipay has signed a Memorandum of Understanding (MoU) with Han Feng Inc., a food supplier for Chinese restaurants and supermarkets in the U.S., with the goal of expanding Han Feng’s…
News July 5Will Prime Day 2017 Continue Amazon’s Hot Streak?
Prime Day 2016 was the largest single sales day in Amazon history, generating a 60% global sales increase over the previous year’s total and a 50% jump in the U.S.…
Executive Viewpoints July 5True Religion Sheds $350M In Debt With Bankruptcy Filing
Add True Religion Brand Jeans to the growing list of 2017 retail bankruptcies. The company has reached an agreement to reduce its debt by more than $350 million via a…
News July 5
Circle K Adds 1,300 Stores In $4.4 Billion CST Brands Acquisition
The Canadian parent company of Circle K Stores, Alimentation Couche-Tard, has received regulatory approval for a $4.4 billion acquisition of CST Brands. After selling off 229 stores to satisfy antitrust…
News July 5
Three Ways Retailers Can Compete Against The Amazon Effect
Today, you can’t have a conversation about the current state of retail without mentioning Amazon and the effect it’s had on the entire industry. Not only Amazon, but a growing number of companies…
Executive Viewpoints July 5
Walgreens Works To Make Mobile App Friction-Free For Shoppers 55 And Up
Walgreens has managed to leverage its mobile app to encourage usagefrom a generation that is elusive for many retailers: the 55-and-up crowd. More than 20% of the pharmacy’s app users are age 55 and older, more than twice the industry average.Just 9% of all…
News July 5
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