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Oracle Acquires NetSuite For $9.3 Billion
UPDATE: Oracle has officially completed its acquisition of NetSuite for $9.3 billion, according to a press release from the technology conglomerate. Approximately 53% of NetSuite’s shareholders unaffiliated with Oracle CEO…
News November 10
Kohl’s CEO Credits Slimmer Inventories For 22% Net Income Increase
While department stores continue to fight through financial struggles as fewer people walk into their stores, Kohl’s is tightening up its merchandising processes to stay in the black. During Q3,…
News November 10Macy’s To Maximize Real Estate Assets As Q3 Sales Continue To Fall
Macy’s posted a sales loss for the seventh straight quarter, another strong sign that the retailer must find ways to get the most value out of its brick-and-mortar stores. In…
News November 10
Suitsupply Takes A Disruptive Approach To Personalized Retailing
The men’s apparel category in the U.S. has been commonly associated with highly promotional pricing and traditional marketing. TV, radio and print ads with “buy 1-get 1” suit offers have…
Features November 10American Apparel Places UK Stores In Third-Party Administration
In another troubling turn for the retailer-for-sale, American Apparel has placed its 13 UK stores in administration, a process in which a company grants control of its assets to a…
News November 10
Target Hauls In Walmart Exec To Enhance Supply Chain Network
Target has hired Walmart supply chain veteran Shekar Natarajan to fill the newly created role of Senior VP of Network Planning and Operational Design, effective Nov. 30. Natarajan, who most…
News November 9
Lumber Liquidators Names New CEO…Again
Just before hitting his one-year anniversary as CEO of Lumber Liquidators, John Presley is leaving the position, marking the second time the chief exec at the flooring retailer has resigned…
News November 9Should The Holiday Cup ‘Controversy’ Concern Starbucks?
In celebration of the upcoming holiday season, Starbucks unveiled a new green cup design featuring a mosaic of more than 100 people, all designed to convey connections between its employees…
Executive Viewpoints November 9
86% Of Consumers Access 5+ Support Channels In Search Of Answers
Consumers are apparently not all that eager to talk with call center agents. Those with a question or issue will make multiple efforts to get a satisfactory answer from other…
News November 9
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