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Update: Bed Bath & Beyond Shares Fall 24% after Company Warns of Potential Bankruptcy
Bed Bath & Beyond shares dropped more than 24% on Jan. 5, bringing the struggling retailer’s share price down 86% year-over-year, after the company reported that it was having trouble…
News January 5CNBC: Fanatics Offloads Stake in NFT Company as ‘Crypto Winter’ Batters Digital Assets
Sports ecommerce platform Fanatics is divesting its 60% majority stake in NFT company Candy Digital, with Fanatics Founder Michael Rubin saying “it has become clear that NFTs are unlikely to…
News January 5AirDroid Business Helps Retailers Manage Fleets of Mobile Devices
AirDroid Business aims to provide a safe, efficient and fast Mobile Device Management(MDM) solution for attended or unattended Android devices. The tool was created to help retailers remotely control and…
News January 5How e.l.f. Cosmetics Harnesses Data to Stay Ahead of the Gen Z Curve
In a world awash with data, what matters is not how much you have but what you do with it. Judged this way, e.l.f. Cosmetics is a poster child for…
Features January 5How Brands can Deliver More Value to Shoppers in 2023
Although there are signs that inflation is easing, higher prices and an uncertain economy continue to impact consumer behavior. Although many customers are “brand loyal,” given the economic environment, stressed…
Executive Viewpoints January 5Amazon Receives $8 Billion Loan to Help Navigate Economic Headwinds
Amazon has reached an agreement with certain lenders for an $8 billion unsecured loan, according to a filing with the SEC. The loan is set to mature in 364 days,…
News January 4Shopify Woos Bigger Retailers with New Modular Offering; Mattel One of First to Trial
Shopify has unveiled a new modular ecommerce offering targeted at enterprise retailers in a shift away from its previous focus on primarily serving smaller retailers. Over the last two decades…
News January 4Ecommerce with Flair: Digital Tools for a More Inspiring Online Experience
The advantages of buying online are clear. For customers, product selection has gone up while prices have gone down, and convenience has become king. But not everything is better online.…
Executive Viewpoints January 4How Youthforia Went from Instagram to Ulta in Less than 18 Months
“Direct to consumer” is so 2022. This year, DTC has a new meaning, or at least an alternate one — “direct to community.” This new form of DTC is built…
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