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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
Priceline.com Taps Data Solution To Optimize Recent Acquisitions
Heavy competition has prompted considerable consolidation in the travel industry, and Priceline.com is no exception. Over the past two years parent company The Priceline Group has acquired five companies, including…
Features January 6What Was The Biggest Retail Story Of 2015?
With customers constantly raising their expectations of the shopping experience, retailers are upping their game in turn. New (and some not-so-new) concepts that came to prominence this year included IoT…
Executive Viewpoints January 6
Spiraledge Bolsters Conversion Rates Across Desktop And Mobile Via Personalization
As consumers’ expectations around the shopping experience continue to rise with the advent of newer technologies and additional sales channels, more retailers are realizing the urgent need to personalize their…
Features January 6
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