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Ace Hardware Adds 100+ New Stores in 2022, Planning 60 More by Year-End
Ace Hardware is on an expansion tear; the retailer just marked the opening of its 105th new store this year and said it expects to add at least 60 more…
News August 12Sears Reaches $175 Million Settlement With Lampert, Clearing Way to Complete Bankruptcy
Sears Holdings and its creditors have reached a $175 million settlement agreement with former CEO Eddie Lampert and other investors that will clear the way for the retailer to execute…
News August 12Why Consumer Brands Turn to UGC During Tough Economic Times
While many businesses consider reducing marketing budgets as recession fears loom, user-generated content (UGC) is becoming more appealing to brands and retailers across a broad spectrum of industries. Online brands…
Executive Viewpoints August 12Why Recommendations Aren’t Enough for Ecommerce
Over the past decade, UX optimization has become a key area of focus for digital businesses. The most successful platforms today are going beyond recommendations: They’re investing in UX that…
Executive Viewpoints August 12NYFTLab Empowers Women-Led Commerce Technology With Support of Major Retailers
By the close of its ninth edition in June, the New York Fashion Tech Lab (NYFTLab) and its largest-ever group of partner retailers and brands from major corporations had provided…
Features August 12JCPenney Picks Walmart and Starbucks Vet as New CFO
JCPenney has appointed Stephanie Plaines as CFO, effective immediately. Plaines will lead all financial activities across the retailer, with the goal of driving best-in-class execution across functions including financial strategy,…
News August 11Ferragamo Partners With Farfetch as Part of Millennial/Gen Z Strategy
Seeking to step up its appeal to younger shoppers, luxury Italian fashion house Salvatore Ferragamo has partnered with digital platform Farfetch. The partnership will allow Ferragamo to fortify the online…
News August 11Marimekko to Launch ‘Pre-loved’ Resale Marketplace
Finnish design house Marimekko will launch its new community-driven resale and vintage marketplace, Pre-loved, on Aug. 25, 2022 in partnership with Archive. The debut follows a pilot concept that began…
News August 11TechCrunch: Amazon One Expands Palm Scanners to 65 Additional Whole Foods Stores
Amazon’s One palm scanner payment technology will reportedly expand to more than 65 Whole Foods stores in California, according to TechCrunch and other media outlets. The latest rollout will affect…
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