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HBC Splits Saks Fifth Avenue Into Separate Ecommerce and Brick-and-Mortar Businesses
HBC will spin off Saks Fifth Avenue’s ecommerce business as a standalone entity that will be called Saks. Growth capital investor Insight Partners will make a $500 million minority equity…
News March 5
Carrefour Franchisee in UAE Automates Online Order Fulfillment
Majid Al Futtaim, the exclusive franchisee of French hypermarket chain Carrefour in the United Arab Emirates, has opened a fully automated micro-fulfillment center (MFC) at the Carrefour store in Ibn…
News March 5
15 St. Patrick’s Day Marketing Ideas for Small Businesses
While St. Patrick’s Day is a fun holiday to celebrate for anyone, boutique owners stand to gain even more from it. Whether you mainly sell clothes, wholesale accessories, decor, jewelry,…
Executive Viewpoints March 5
The Future of Retail: Enriching the Customer Experience via Conversation APIs
As COVID-19 quickly spread in early 2020, the retail industry was among the first to be affected. But unlike hard-hit sectors such as airlines and live events, retail saw a…
Executive Viewpoints March 5
How Constellation Brands is Using DTC Tactics to Take its Wholesale Business Omnichannel
Constellation Brands — home to top beer, wine and spirits brands including Corona, Modelo Especial, Kim Crawford, Meiomi and SVEDKA Vodka — is embarking on a digital transformation driven by…
Features March 5
Dollar Tree Plans 600 New Stores and 1,250 Renovations; Will Expand Combination Format for Small Markets
Dollar Tree plans to open 600 new stores and to renovate 1,250 Family Dollar stores in fiscal 2021, which runs through the end of January 2022. The new stores are…
News March 4
Reports: Twitter Tests New In-Platform Shopping Feature
Twitter is quietly testing a new shopping feature that will allow brands to showcase products and link out to their ecommerce site directly from within the social platform. The move…
News March 4
Charming Charlie Comeback Continues with 14 New Stores
Women’s apparel and fashion accessories retailer Charming Charlie continues its coast-to-coast expansion, with plans to open approximately 14 new locations in the coming months. The retailer is focusing on Texas, California, New York and…
News March 4
Tailored Brands Seeks $75 Million Loan to Keep Afloat
Tailored Brands is seeking a $75 million emergency loan from Silver Point Capital, its largest equity holder and one of its existing lenders, to avoid another bankruptcy, according to Bloomberg.…
News March 4
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