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Adobe Forecasts Record $275.1 Billion in U.S. Holiday Online Sales
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Following 2020 Online Grocery Boom, Instacart Raises Another $265M
Online grocery platform Instacart has raised $265 million in new funding, increasing its valuation to $39 billion. Instacart will use the money to increase its corporate headcount by 50% in 2021, as…
News March 3
Target to Invest $4 Billion Annually in New Stores, Remodels and Supply Chain Improvements
Target will build off its 2020 momentum by investing $4 billion annually in new store openings, remodels for existing stores and supply chain upgrades over the next several years, the…
News March 3
Paper Source Files for Bankruptcy, Plans to Keep Most Stores Open During Proceedings
Paper Source has filed for Chapter 11 bankruptcy and is hoping to sell the business, according to court filings. The retailer has received a stalking horse bid from its current…
News March 3
Michaels to be Acquired by Apollo Global Management
The Michaels Companies (Michaels) and funds managed by affiliates of Apollo Global Management Inc. (Apollo) have entered into a definitive merger agreement through which investment funds managed by affiliates of…
News March 3
PAVE Awards 2020 Bergmeyer Scholarship
The Planning and Visual Education Partnership (PAVE) has awarded Ielyzaveta Ignatyeva from the Fashion Institute of Technology (FIT) as the 2020 Bergmeyer Scholarship recipient. The scholarship recognizes and supports leadership potential…
News March 3
American Eagle Launches Shoppable AR Jeans Guide on Snapchat
American Eagle (AE) kicked off its spring 2021 Jeans Are Forever campaign with the debut of its AE x Snapchat AR Jeans Guide, featuring a range of fashion denim for…
News March 3
Why On-Demand Manufacturing Will Transform Retail
Since on-demand manufacturing emerged about a decade ago, it has been gradually picking up steam. Driven by the explosive growth of ecommerce and shifting consumer preferences, on-demand, also known as…
Executive Viewpoints March 3
Experiential Retail Goes Surreal at Gentle Monster’s Latest U.S. Flagship
A futuristic world of kinetic lifelike robots greets visitors in Santa Clara, Calif. — only it’s not a museum art installation. Rather, it’s the scene of the latest flagship store…
Features March 3
David’s Bridal Partners with The Black Tux on In-Store Shops, Omnichannel Offerings
David’s Bridal is partnering with online men’s formalwear brand The Black Tux to create a one-stop-shop experience for its customers. The exclusive partnership allows David’s Bridal to expand its digital…
News March 2
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