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The Children’s Place Receives $90 Million Loan from Majority Shareholder
The Children’s Place will get a $90 million unsecured and subordinated loan from Mithaq Capital SPC, a Saudi Arabia-based venture capital firm that had purchased a majority stake in the…
News April 19
Wayfair Welcomes Consumers to the ‘Wayborhood’ with Refreshed Branding, First Store
[Update as of 4/19/2024] Wayfair has provided more details on its inaugural large-format store. The 150,000-square-foot location will open on May 23, 2024 in Wilmette, Ill.’s Edens Plaza. The grand…
News April 19
Nordstrom Considers Going Private — Again
Erik and Pete Nordstrom, the CEO and President, respectively, of Nordstrom, want to explore a transaction that would take the company private. In response, the Nordstrom board of directors has…
News April 19
Rowan CEO on the Power of People in Creating Joyful Retail Moments
Louisa Serene Schneider did not set out to be a CEO, let alone a founder. But inspiration struck while she was working for a retail-focused hedge fund and realized the…
Features April 19
The Global Reach and Sustainable Impact of Green RFID Technology
Businesses today are constantly looking for ways to improve their sustainability and reduce their carbon footprint. After all, studies show that consumers care more about the environmental impact of their…
Executive Viewpoints April 19
Influencer-Inspired Resale Site Detoure Opens First Store in LA
Detoure, a resale marketplace that curates styles from influencers, will open its first permanent brick-and-mortar thrift store April 20 on Los Angeles’ Melrose Avenue. Over the past three years the…
News April 18
Total Wine, Hill Beverage and Snoop Dogg Partner to Deliver THC-Infused Beverages Nationwide
Beginning on the unofficial cannabis holiday of 4/20, Total Wine & More will make CBD and THC-infused beverages from Hill Beverage Co. available for delivery across the country in as…
News April 18
Gopuff and Grubhub Expand into Grocery Delivery with Unconventional Partners
Two delivery platforms, Gopuff and Grubhub, have broadened their assortments to include groceries, including fresh items. Gopuff has partnered with Misfits Market, an online grocer dedicated to reducing food waste…
News April 18
Alliance Retail Group Launches Retail Media Network to Help Independent Grocers Compete
Alliance Retail Group (ARG) — a nonprofit self-negotiating ad group that helps independent grocers band together to remain competitive — has launched a retail media network (RMN) that will be…
News April 18
