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Activist Investor Continues to Wreak Havoc at Bed Bath & Beyond
Shares of Bed Bath & Beyond Inc. tumbled after it was revealed that activist investor Ryan Cohen — who owns approximately 11.8% of the retailer through his firm RC Ventures…
News August 18
SKUx Helps Retailers Capture First-Party Data from Engagement With Offers
SKUx has launched the Buyer (X)ccelerator, with the goal of helping retailers capture first-party data based on how consumers engage with offers. The system is designed to quantify and optimize…
News August 18
BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation
Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. But now, as BNPL offerings — and consumers’ understanding of them…
Features August 18
Retailers Go Digital to Improve Team Engagement
Even as the pace of the economy slows, there remain, on average, two open positions for every job seeker. As recently as April, there were more than 1.1 million unfilled…
Executive Viewpoints August 18
ThredUP Forges Ahead with its War on Fast Fashion Amid Cost-Cutting Initiatives
Resale platform ThredUP has debuted a new, light-hearted marketing ploy in its ongoing battle against “fast fashion addiction,” mere days after announcing it was joining the ranks of tech companies…
News August 17
Lids Picks Basketball Theme for First Brick-and-Mortar Store in Australia
Lids is continuing its brick-and-mortar expansion with its first store in Australia, focusing on the NBA and WNBA for the Victoria-area shop. The retailer is planning to open a second…
News August 17
Kohl’s Names Interim Marketing Leader as its New CMO
Kohl’s has named Christie Raymond as its new Chief Marketing Officer, reporting directly to CEO Michelle Gass. Raymond has had the post on an interim basis since the May 2022…
News August 17
Target Net Earnings Drop 90% in Q2 2022 While Walmart Sees Grocery Growth
Inventory markdowns weighed on Target in Q2 2022 as its net earnings dropped to $183 million, down almost 90% from its Q2 2021 performance. Walmart reported operating income of $6.8…
News August 17
Shopify Debuts Creator Marketplace to Connect Influencers with Merchants
Shopify has launched a new platform called Shopify Collabs that makes it easier for creators to find and partner with Shopify merchants looking for marketing support. The new platform aims…
News August 17
