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Glossier Raises $80 Million to Fuel Global Digital and Physical Growth
Glossier has raised $80 million in Series E funding in a round led by Lone Pine Capital, along with participation from existing investors Forerunner Ventures, Index Ventures, IVP, Sequoia Capital…
News July 8
Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO
Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21, JCPenney, Aéropostale and Brooks Brothers and bringing them…
News July 8
Westfield Mall Owner Partners with Afterpay to Promote BNPL Option for Retail Tenants’ Shoppers
Unibail-Rodamco-Westfield (URW), owner of Westfield shopping centers in the U.S., has entered a multi-year national partnership with buy now, pay later solution Afterpay to support retailers in offering flexible payment…
News July 8
Salsify Creates Program to Help Administrators Make the Most of the Platform
Commerce experience management platform Salsify has launched its Syndication Certification program. The program aims to equip Salsify implementation partners and administrator-level customers with the right tools to lead their teams…
News July 8
Long Distance Loyalty : How Retailers can Build and Grow Customer Relationships at Pickup and Delivery
In the wake of COVID-19, low-contact shopping behaviors such as ecommerce and delivery were accelerated and widely adopted, as goods bought online in 2020 globally grew by 24%. To keep…
Executive Viewpoints July 8
Retailers’ Big Opportunity? ‘Create New Shoppers,’ Advises Kantar SVP
Arguably, no event has disrupted the context of our everyday lives than COVID-19, and while easing regulations have inspired U.S. consumers to return to some version of normalcy, global sentiment…
Features July 8
Commerce Signals Uses Transaction-Based Data to Help Streamline Retail Marketing Efforts
Omnichannel payment intelligence solution Commerce Signals has launched a transaction-based segmentation library to help digital advertisers reach high-value audiences. The audience segments, including 500 targeted transaction-based audiences, are built on…
News July 7
Bloomingdale’s New Store Concept Embraces Fan Nickname — Bloomie’s
Bloomingdale’s will open its first Bloomie’s concept store on August 26, 2021, in Fairfax, Va. With a smaller, curated approach, Bloomie’s will feature an evolving product lineup, a new tech-enabled…
News July 7
Belk Promotes Insider to CEO as Part of Ongoing Turnaround Effort
Belk has promoted President and Chief Merchandising Officer Nir Patel to CEO as the company also makes two other executive changes. Current CEO Lisa Harper will transition to the role…
News July 7
