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Staples Buys Office Depot For $6.3 Billion
UPDATE: On Feb. 4, 2015, the Associated Press confirmed that Staples will buy Office Depot for $6.3 billion. Through the cash-and-stock deal, all Office Depot shareholders will receive $7.25 per share in cash.…
News February 4Millennials, Gen Zers Guide The New Retail Rules Of Engagement
By Alicia Fiorletta, Senior Editor During a special event at the Hearst Tower in New York City, Shannon Davenport, Head of Advisory for the U.S. division of Stylus Fashion, outlined…
Executive Viewpoints February 3Target Appoints New CIO To Lead Digital Transformation
Target has appointed Tesco alum Mike McNamara as its new Executive Vice President (EVP) and Chief Information Officer (CIO). McNamara will replace Bob DeRodes, who is retiring after guiding Target’s…
News February 374% Of Online Retailers Send Irrelevant Promotions
Despite a myriad of research studies pointing to the importance of personalization, the majority (74%) of online retailers still promote irrelevant items to shoppers via email, according to OrderDynamics research.…
News February 3Lululemon Athletica Founder Steps Down From Board Of Directors
Founder of lulemon athletica, Chip Wilson, has announced that he is leaving the board of directors since the company is now “back on track” with a solid management team, according…
News February 2Gifting As Referral Marketing: Are You Leaving Sales On The Table?
The winter holiday season has wrapped up, but retailers are knee deep with gift returns, year-end inventory and planning. E-Commerce competition is heating up, pressing merchants to innovate, adapt and…
Executive Viewpoints February 2Hubba Helps Streamline Product Information Management
To drive product awareness and sales, brands and manufacturers must share relevant inventory with retailer partners. However, retailers sometimes do not have the most accurate or up-to-date data, which can…
News February 2Forever 21 Selects Oracle Retail To Improve Assortment Planning
Fast fashion retailer Forever 21 is using Oracle Retail Merchandise Planning and Optimization solutions to better predict demand and align assortments to customer preferences and expectations. With Oracle Retail Assortment…
News February 2Quri IMPACT Analyzes The Impact Of Retail Promotions
Retailers create in-store promotions to boost foot traffic, drive impulse purchases and generate loyalty among consumers. Quri, a retail intelligence solution provider, has launched IMPACT, a platform designed to combine…
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