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Stripe Secures $600M in New Funding, Boosts Value to $95B
Online payment processing company Stripe has raised $600 million in Series H funding, nearly tripling its valuation in under a year to $95 billion, according to data from Pitchbook. With…
News March 17
Psycho Bunny to Open First East Coast Store, Expand U.S. Footprint
Menswear retailer Psycho Bunny will open its first East Coast location on March 31. This 10th store is part of the company’s ongoing brick-and-mortar expansion in the U.S.. The brand…
News March 17
How Retailers Can Make Effective Changes for Better Logistics Operations
Holiday 2020 was unlike any other for ecommerce growth. In November and December, Adobe Analytics reported that online shopping grew 32.2% from 2019, totaling $188.2 billion. This massive increase put…
Executive Viewpoints March 17
Loop Neighborhood Enhances Personalization with Contextually Relevant Messaging
Loop Neighborhood, a convenience store chain with 120 locations across California, has partnered with algorithmic customer engagement provider Algonomy to improve its personalized omnichannel customer engagement. Loop will use the…
News March 16
Italian Fashion Label PINKO to Open U.S. Flagship in New York
PINKO, known for its prêt-à-porter collections for women, is planning a U.S. expansion and has signed a lease for a three-level retail space in New York’s SoHo district. The location…
News March 16
LOFT Cancels Plus Sizes, But Will Social Media Cancel LOFT?
Consumers unleashed their fury on social media earlier this week in response to women’s apparel retailer LOFT announcing plans to stop offering plus sizes. When asked by a customer on…
News March 16
Target, DICK’S Sporting Goods Expand Product Portfolios With New Private Labels
Target and DICK’S Sporting Goods have added new private label offerings, both aimed at expanding their product assortments into new areas. DICK’S new VRST line of men’s athletic apparel will…
News March 16
How Can Retailers Work Toward Zero-Waste Delivery?
Meeting customer expectations is often easier said than done. And during the COVID-19 pandemic, where consumers have been doing more online shopping than ever before, meeting those expectations means incorporating…
Executive Viewpoints March 16
Report: Lord & Taylor to Return as Online-Only Retailer in April
Lord & Taylor will return from bankruptcy as a digital-first retailer in April under its new owner Saadia Group, according to multiple sources. Known as the oldest department store in…
News March 15
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