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Nordstrom Family Members, Mexican Retailer Offer $3.76B to Take Retailer Private

Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El Puerto de Liverpool, to take the company private in a deal valued…

News September 4
Phone home screen with shopping apps including Shein and Temu

Consumer Products Watchdog Calls for Investigation of Shein, Temu Business Practices

Two commissioners at the U.S. Consumer Product Safety Commission (CPSC) have called for an investigation into the operations of foreign-owned ecommerce sites, with Shein and Temu named specifically. Commissioners Peter Feldman…

News September 4
Rite Aid homepage

Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The chain now has a smaller store footprint of approximately 1,300 stores, down…

News September 4
Eastern Mountain Sports storefront

UPDATE: UK’s Mountain Warehouse Acquires Eastern Mountain; All Bob’s Stores to Close Following Bankruptcy

[Update as of Sept. 4, 2024] UK retailer Mountain Warehouse has been approved to acquire seven Eastern Mountain Sports (EMS) stores after no other offers followed the chain’s August 2023…

News September 4

Reimagining Retail: Where Online Meets the High Street

Embracing the Evolution In an era when digital convenience often reigns supreme, physical stores face the challenge of declining foot traffic. Despite the undeniable appeal of online shopping, which offers…

Executive Viewpoints September 4

Next-Gen Retail: Crafting the Ultimate Omnichannel Journey

In today’s world, a stellar customer experience (CX) isn’t just a nice perk with which to provide customers — it’s table stakes. Consumer expectations are at an all-time high, and…

Executive Viewpoints September 4

Sloomoo Institute Makes West Coast Debut with ‘Awe-Inspiring’ Space

Sloomoo Institute, the ultimate slime museum, is opening its fifth location in the heart of Los Angeles, marking its first big move on the West Coast. The company’s highly immersive…

News September 4

Fossil Boosts Site Visit Revenue 14% with AI-Powered Customer Insights

Watchmaker Fossil Group’s Canadian subsidiary has boosted its online sales volume, including a 14% increase in revenue per site visit, by leveraging an AI-powered solution that analyzes and predicts customer…

News September 3
Stitch Fix has refreshed is experience and fashion offerings.

Stitch Fix Styles a ‘Modern and Dynamic’ Future with Reimagined Brand, Experience

Following several years of weak sales and a shrinking consumer base, Stitch Fix has launched a transformation strategy that aims to reimagine how the online styling service engages with its…

News September 3
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