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UPDATE: Bankruptcy Judge Approves Rite Aid Restructuring Plan to Cut $2 Billion in Debt

[Update as of July 2, 2024] U.S. Bankruptcy Judge Michael Kaplan has approved a restructuring plan for Rite Aid that would cut the retailer’s debt by $2 billion and allow…

News July 2
Wholesale marketplace Faire is changing the game for small retailers.

B2B Marketplace Faire Accelerates the Digitization of an Underserved Market: Wholesale

For nearly two decades now online marketplaces have proliferated, beginning with Ebay and Amazon, followed by Walmart, Etsy and countless others. But one area of commerce has stubbornly resisted this…

Features July 2

How Subscription Merchants can Prevent Chargebacks on Recurring Payments

There’s no denying that the subscription economy is booming. In fact, the financial services firm UBS projects that the market will hit $1.5 trillion by 2025. Yet despite that robust…

Executive Viewpoints July 2

Alibaba to Scale AI Access for SMBs Worldwide

Alibaba has revealed that its AI tools for global suppliers have been adopted by approximately 30,000 smaller businesses on its platform, including many in developing countries. According to the global…

News July 1
Harps Food Stores is deploying real-time personalization at checkout.

Harps Food Stores Enables Real-Time Personalization at Checkout

Harps Food Stores is deploying a new integration between customer intelligence platform Birdzi and POS system ECRS to offer real-time personalization of shoppers’ digital coupons and loyalty rewards in stores.…

News July 1
Save Mart Companies has been acquired by The Jim Pattison Group.

Save Mart Companies Acquired by Canadian Holding Co. Jim Pattison Group

The Save Mart Companies — which includes grocery banners Save Mart, Lucky California and FoodMaxx — has undergone its second change of hands in two years, with multiple sources reporting…

News July 1

In the Fight for Mutual Survival, DTC and Retailers are Frenemies

Both DTC brands and traditional retailers have seen better days. Unsurprisingly, major retailers always have struggled to keep up with how, where and when Gen Z and young millennials buy…

Executive Viewpoints July 1

Nespresso Awakens New Coffee Discovery Pathways with Online Quiz 

Most Americans (84%) start their morning with a fresh cup of coffee, according to the National Coffee Association, and they are increasingly turning to specialty coffees (57%) and single-cup brews…

Features July 1
Due to the success of its Fifth Avenue Club concept, Saks Fifth Avenue plans to open more standalone locations this year, bringing its total count to 20 across the U.S.

Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels

Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club. One year after its launch as a standalone concept, the Club has…

News June 28
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