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Sears Secures $500 Million Loan To Enhance Omnichannel Capabilities
Sears Holding Corporation’s subsidiaries have secured a 15-month, $500 million loan, designed to give the company financial flexibility as it transforms itself into a more asset-light, integrated retailer. An initial…
News May 5Is The Sky The Limit For Amazon Prime Now?
Amazon is taking the next step in expanding its Prime Now same-day delivery service, officially launching an e-Commerce site to pair with its mobile presence. The web site will function…
News May 5Amazon: The Force Is Strong With This One
To blow up the Death Star, Luke Skywalker had to hit a target the size of a manhole cover while being zapped by dozens of Tie Fighters. Retailers have a…
News May 4Kohl’s Links Loyalty Rewards To Apple Pay
Kohl’s has integrated its private label credit card and loyalty program with a contactless, one-click payment option via Apple Pay. Currently live in 250 stores, the retailer expects to offer…
News May 4Aéropostale Bankruptcy: Just The Latest Teen Trauma
In the latest example of teen retailers failing to hold their own in the industry, Aéropostale filed for Chapter 11 bankruptcy, following the recent footsteps of Pacific Sunwear and a…
News May 4Academy Sports + Outdoors Taps Lowe’s Exec As CMO
Sporting goods retailer Academy Sports + Outdoors has named Thomas “Tom” Lamb as its new Executive VP and Chief Marketing Officer (CMO). Lamb brings 25 years of experience in marketing,…
News May 4Affirm CMO Brings Extensive Retail, CPG Experience
Financial technology company Affirm announced it has hired Carl Gish, VP of eBay, to be its first CMO. Gish will be responsible for enhancing and building Affirm’s global brand as…
News May 4How Will Apple Bounce Back From Its First Loss In 13 Years?
Apple, a business well known far and wide for its constant innovation and financial success, hit its first fiscal bump in more than a decade. Sales fell 13%, while profit…
Executive Viewpoints May 4Zappos Takes Action On Sustainability With Carbon Offset Purchases
Earth Day has recently passed, but Zappos is seeking to make an impact toward promoting sustainability that goes beyond a single date. Through the implementation of a carbon offset purchase…
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