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As Retailers Pile On Sales Events, Shoppers Report Discount Fatigue
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UPDATE: Walmart Raises Store Managers’ Compensation, Initiates Stock Split to Keep Shares Accessible
Update from 2/1/2024: Walmart also announced that it will conduct a 3:1 split of outstanding shares of its common stock in part to ensure that “associates feel that purchasing shares…
News February 1
Anthropologie Partners with Pinterest for Wedding-Themed Pop-Up in NYC
Anthropologie has teamed up with Pinterest to showcase some of the year’s biggest wedding trends alongside its Anthropologie Weddings bridal collection in a new pop-up in New York City. Debuting…
News February 1
Kirkland’s Secures $12M Term Loan to Fund Strategic Pivot
Kirkland’s has received $12 million from a global asset management firm to support its strategic repositioning efforts. Gordon Brothers provides short- and long-term capital and liquidity by lending against and…
News February 1
Retailers Look to AI as They Grapple with ‘Pricing Game of Chicken’
Even though inflation has been easing in recent months, a majority (70%) of retail CFOs say they plan to raise prices in 2024 — although 60% said the price hikes…
Features February 1
Embracing the Future: Closed-Looped Measurement in the Cookieless Era
Marketers will soon need to strategically rethink their measurement methodologies. The imminent end of third-party cookies in the second half of 2024 presents significant challenges for anyone reliant on cookie-based…
Executive Viewpoints February 1
Fanatics Commerce Brings in 3 New Execs to Support Global Growth Goals
Fanatics Commerce, the fan gear designer, manufacturing and retail division of the Fanatics digital sports platform, has made three new executive appointments to drive its next phase of growth. In…
News January 31
Shuttered Zulily Taps Gordon Brothers to Handle Sale of Inventory and Fulfillment Center Assets
Zulily Group has engaged the advisory firm Gordon Brothers to sell off more than $85 million of inventory and the assets of its two fulfillment centers following the online retailer’s…
News January 31
Walmart to Add 150 New Stores Over Next 5 Years, Remodel 650 More
Walmart plans to build or convert more than 150 stores over the next five years while continuing its program to remodel existing stores. Additionally, over the next 12 months 650…
News January 31
H&M Taps Insider for Combined CEO and President Role
H&M Hennes & Mauritz AB has named Daniel Ervér, previously responsible for the H&M brand, as President and CEO of the entire H&M group. He will remain responsible for the…
News January 31
