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The Limited Inches Closer To Bankruptcy
A few weeks after announcing mass layoffs at its Ohio headquarters, The Limited is reportedly preparing to file for Chapter 11 bankruptcy and is likely to liquidate its business, according…
News December 22Bonanza Leverages Pitney Bowes Solution To Streamline Shipping
Seeking to streamline its fulfillment processes, online marketplace Bonanza will adapt Pitney Bowes’ cross-border Borderfree Marketplace solutions and shipping application programming interface for domestic shipping. “We are excited to be…
News December 22Staples Names First CTO
Staples, Inc. has appointed Faisal Masud to the newly created role of Chief Technology Officer. He had previously served as EVP of Global E-Commerce since joining the company in May…
News December 22Why The Cannabis Industry Has Greater “Pot”-ential Than Wine
On Dec. 15, 2016, Massachusetts became the eighth U.S. state to legalize the recreational use of marijuana — joining California, Colorado, Alaska, Maine, Nevada, Oregon and Washington. The cannabis industry…
Features December 22Rise In Consumer Confidence Opens Wallets Wider This Season
Early in the holiday season, when consumers are still just planning how much they are going to spend, it’s easy for them to underestimate what their actual purchases will be.…
News December 21Michael Kors Bags, Fossil Watches Top Fraudsters’ Most Targeted Items
The holiday season brings all kinds of consumers online to shop for the hottest products, but it also can attract the wrong crowd: fraudsters, or those making purchases via stolen…
News December 21TDK To Acquire Chip Maker InvenSense For $1.3 Billion
Japanese component manufacturer TDK Corporation has entered into a definitive agreement to acquire all outstanding shares in U.S. chip maker — and Apple supplier — InvenSense. TDK will acquire all…
News December 21CVS To Close 70 Stores In Early 2017 As Part Of $3 Billion Cost Cuts
As part of cost-cutting measures designed to save approximately $3 billion before 2021, CVS Health will close 70 stores in 2017. The store closings should provide a $265 million cost…
News December 21Dynamic Yield Raises $22 Million To Enhance Personalization Technology
Dynamic Yield, a customer engagement and personalization platform provider, has raised $22 million in Series C funding led by Vertex and ClalTech. The investments will be used for the global…
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