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Uber Purchases Drizly for $1.1 Billion
Uber will acquire Drizly for approximately $1.1 billion in stock and cash, with plans to integrate the on-demand alcohol marketplace into the Uber Eats app while maintaining a separate Drizly…
News February 2
Coresight Webinar: Why PVH, Orvis and Tractor Supply are Rethinking Post-Pandemic Supply Chains
The need for stronger, more agile supply chains was made clear during the coronavirus pandemic, after the shortages that defined its early days as many manufacturers and retailers were forced…
Features February 2
Where Online Shopping Rises, WhatsApp Follows
Ecommerce has grown exponentially over the last two decades, albeit at a fairly steady pace. With the onset of the COVID-19 pandemic in 2020, paired with renewed restrictions and stay-at-home…
Executive Viewpoints February 2
LVMH, L’Oréal Invest in Social Selling Platform Replika
Social commerce company Replika Software has closed its Series A financing round with an undisclosed amount of funding from the investment arms of luxury house LVMH and beauty brand L’Oréal.…
News February 1
ASOS Acquires Topshop Brand Portfolio for $411 Million
Online fashion retailer ASOS has acquired the Topshop, Topman, Miss Selfridge and HIIT brands from the Arcadia Group for £265 million, approximately $411 million USD. “The acquisition of these iconic…
News February 1
Report: Tru Kids Shutters its Two Toys ‘R’ Us Stores After One Year
Tru Kids has closed the two Toys ‘R’ Us outlets it opened in 2019, according to Bloomberg. The company will still operate its ecommerce site, which directs shoppers to Amazon…
News February 1
Customer Satisfaction: How Retailers can up Their Game in 2021
As the UK settles into its third national lockdown, people are once again required to stay at home, shop only for essentials in physical stores and limit contact with others. …
Executive Viewpoints February 1
Realistic Showrooms and Associate-Powered Chat Bring BoConcept’s Physical Store Online
Ecommerce presents a unique challenge for BoConcept due to the retailer’s focus on a modular product portfolio — a powerful differentiator from other furniture sellers, but a difficult value proposition…
Features February 1
Four Customer Experience and Commerce Trends That Will Define 2021
The landscape of commerce and delivering customer experience changed dramatically over the past year, as millions of shoppers found health, safety, social distance and remote work taking center stage in…
Executive Viewpoints February 1
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