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Aritzia’s U.S. Revenue Jumps 54% as Store Expansion Continues
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BCBG Offers Microfinance Payment Option To Entice Millennial Shoppers
With as many as 63% of Millennials not owning a credit card, retailers now have to find new ways to engage this demographic, particularly when selling high ticket items. As…
Features January 8
SPS Acquires ToolBox Solutions For $18.4 Million
SPS Commerce, which provides cloud-based supply chain management software for omnichannel retailers, has acquired ToolBox Solutions, a Toronto-based provider of point-of-sale analytics and category management services, for $18.4 million in…
News January 7Label-Park Selects Mirakl To Launch Extreme Sports Online Marketplace
Label-Park, an online private label and outlet store focused on surf, snow and streetwear, has selected Mirakl to help launch a marketplace dedicated to extreme sports. The decision to launch…
News January 7
Hudson’s Bay Acquires Gilt Groupe For $250 Million
UPDATE: Hudson’s Bay Company has officially entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, according to a company statement. The acquisition is expected to…
News January 7Retail Recap Of The Week
With only one week down, retail news is already off to a hot start. Feel free to check out the RTP web site to discover more industrywide updates! Happy New…
Executive Viewpoints January 7After Lackluster Holidays, Macy’s Plans $400 Million In Cost Cuts
Unseasonably warm weather that depressed sales of winter apparel, and lower spending by international visitors due to a still-strong U.S. dollar, combined to give Macy’s a blue Christmas. Comparable store…
News January 7Nautilus Opens First Retail Store
E-Commerce may be dominating the retail scene, but brick-and-mortar stores are far from obsolete. More and more etailers are establishing a physical presence to better serve their customers. Nautilus, the…
News January 6
RetailMeNot Appoints Former Outerwall CEO As CFO
Digital offer marketplace RetailMeNot, Inc. has appointed longtime management, operations and finance executive J. Scott Di Valerio as its new Chief Financial Officer. He replaces Louis Agnese who had performed…
News January 6
Mobile Wallet Startup Zebpay Raises $1 Million
Zebpay, a mobile wallet dedicated to Bitcoin currency, has secured $1 million in series A funding from various private equity investors. The company intends to utilize the funding to ramp…
News January 6
