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4 Tips for Staying Ahead of Retail Competitors
As M+A activity continues, convenience retailers are experiencing increased pressure to maintain market share. That pressure is driving technological advancements and innovation in an industry that has been historically slow…
Executive Viewpoints January 12
JCPenney Hires 2 New Chiefs to ‘Fortify’ Ecommerce and Omnichannel Development
JCPenney has brought in two retail veterans to lead its technology and digital divisions. Former Gap and Walmart executive Sharmeelee Bala has been named Chief Information Officer (CIO), and Katie…
News January 11
C-Store Foxtrot Raises $100 Million in Funding Round, Plans 25 Additional Stores
Delivery-focused convenience store Foxtrot announced $100 million in Series C funding led by D1 Capital Partners, with continued participation from existing investors Monogram, Imaginary, Almanac, Wittington, Fifth Wall and Beliade.…
News January 11
1-800-FLOWERS Expands Experiential Offerings with Alice’s Table Acquisition
1-800-FLOWERS.com Inc. has acquired Alice’s Table, a lifestyle business that offers digital livestreamed floral and culinary experiences. Financial terms were not disclosed. Launched in 2015, the company began by hosting…
News January 11
Rihanna’s Savage x Fenty to Open 5 Standalone Stores
Pop star Rihanna’s size-inclusive lingerie brand Savage X Fenty will open its first brick-and-mortar retail location in Las Vegas later in January, and four additional stores will follow early this year…
News January 11
What’s Behind the New Urgency Driving Sustainability Initiatives?
The COVID-19 pandemic accelerated many things in the business world, but one item that temporarily fell off the priority list was sustainability. In a survey of 750 executives, Deloitte found…
Features January 11
We Don’t Need to Wait for 2050: How CPG Brands and Retailers Can Take Climate Action Today
In the months leading up to the recent UN Food Systems Summit and COP26 UN climate talks in Glasgow, numerous leading CPG brands such as Unilever, Pepsi and General Mills,…
Executive Viewpoints January 11
Steve Madden and Dolce Vita Integrate Shoe Resale Programs into Their Websites
Steve Madden and Dolce Vita have each partnered with recommerce solution provider Recurate to launch peer-to-peer resale marketplaces designed to boost circularity for their respective footwear brands. Steve Madden’s “Re-Booted”…
News January 10
Mattress Firm Files for IPO 6 Years After Going Private
Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. The…
News January 10
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