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Finish Line To Close 25% Of Stores, Replace CEO
Sportswear retail chain The Finish Line announced that it will close up to 150 of its 600 stores. The retailer has also appointed Sam Sato, currently the company’s President, as…
News January 8Why Data Is Bridging The Chasm Between Brick-And-Mortar And Online Retail
By Randy Brasche, Euclid Analytics For the past several years, we’ve heard the over-hyped online vs. brick-and-mortar debate. Prominent techies like Marc Andreessen loudly proclaim the death of physical retail,…
Executive Viewpoints January 8
The Fresh Market Names Former Walmart Exec As Chief Merchandising Officer
The Fresh Market, a specialty grocery retailer, has appointed Pamela Kohn as its EVP and Chief Merchandising Officer. In her role, Kohn is responsible for enhancing the retailer’s merchandise selection,…
News January 8
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 7
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