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Five Below’s ‘Rolling Thunder’ of Newness Contributes to 22.9% Sales Growth in Q2
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Reports: Alibaba Lays Off 10,000 as New Lockdowns Dampen Chinese Recovery
Ecommerce juggernaut Alibaba isn’t immune to the economic forces weighing down other retailers, particularly as new lockdowns in mainland China dampen hopes for an imminent recovery. The Chinese tech firm…
News August 8
Walmart Acquires Supply Management Platform to Enhance Planning Capabilities
Walmart is acquiring Volt Systems, a solution provider that offers suppliers enhanced on-demand visibility into merchandising resources. The application is designed to deliver current store-level data, actionable analytics and shelf…
News August 8
UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up
UNIQLO parent Fast Retailing will open its first GU retail store in the U.S. this fall with a pop-up shop in New York City’s SoHo neighborhood. The 2,900-square-foot ground floor…
News August 8
Vera Bradley Sells goodMRKT to Focus on Core Brands
Vera Bradley, Inc. has sold its retail start-up goodMRKT to goodMRKT Holdings, LLC, which the brand’s Co-founder and Vera Bradley veteran Harry Cunningham will now lead as Managing Partner. “This…
News August 8
Torrid Continues Building Out Executive Team With New COO/CFO and CTO Hires
Plus size retailer Torrid has named Tim Martin to the role of COO and CFO, effective September 12, 2022. The retailer also has named Hyon Park to the role of…
News August 8
How Rent the Runway Boosted Talent, Sustainability and CX by Moving to the Cloud
For retail tech teams, the ultimate sign of success is, ironically, when their work goes unnoticed — there’s nothing worse than a site crashing after an upgrade or a buggy…
Features August 8
Shopify Makes Strategic Investment in Klaviyo as Solution Providers Enter Product Partnership
Shopify and Klaviyo have entered a product partnership, with Klaviyo serving as the recommended email solution partner for Shopify Plus. Additionally, Shopify is making a strategic investment in Klaviyo to…
News August 8
Three Types of Promotions Merchants Can Use To Attract Subscribers
There’s no question that strategic promotions and discounts motivate consumers to buy a product. But they can also open the door to a long-term relationship through subscriptions. According to our…
Executive Viewpoints August 8
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