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Staples Attempts to Buy Office Depot — Again
Perhaps the third time will be the charm. Staples is making another bid to acquire its rival Office Depot, this time with a bid of $2.1 billion — one-third of…
News January 11LVMH Completes Tiffany Acquisition, Shakes Up Executive Suite
LVMH Moët Hennessy Louis Vuitton SE has completed its acquisition of Tiffany & Co. The luxury conglomerate’s purchase of the iconic jeweler has been in the works for more than…
News January 11Reports: Shopify, Stripe and PayPal Drop Trump Sites’ Support in Wake of Capitol Riot
In response to the riot at the U.S. Capitol on Jan. 6, Shopify has taken the Trump Organization and Trump campaign stores offline, according to The Wall Street Journal. In…
News January 11How 1,000-Store Russian Electronics Retailer Amped Up Online Sales 141%
While it’s hardly noteworthy that a retailer increased online sales during some of the worst months of COVID, M.Video-Eldorado Group, a 1,039-store electronics and appliance retailer serving more than 250…
Features January 11Data Will be Key to Retail Success in 2021
Without question, the COVID-19 pandemic proved to be quite a disruptor for retailers, as in-store sales dropped and other options, like ecommerce and buy online, pick up in-store (BOPIS) surged.…
Executive Viewpoints January 11How Brands can Create Engaging Unboxing Experiences That Take the Place of In-Store Shelf Branding
According to a PMMI study, 95% of consumers state that packaging significantly affects their online purchase. Furthermore, almost half of consumers share their experience on social media. While attracting and…
Executive Viewpoints January 11How Culture Drives Retail Pride
Featuring: Ron Thurston, INTERMIX This episode is sponsored by Brother. Ron Thurston started his career in retail at the Gap as a store associate. Over the years, he’s been able…
January 11UPS Forecasts 23% Increase in Returns Compared to Peak 2020 Period
UPS expects to handle 8.75 million returns during the week of Jan. 4, 2021, a 23% rise from the highest volume return period in the 2019 peak-season cycle, according to…
News January 8Starbucks Promotes Finance Veteran to CFO
Starbucks has promoted Rachel Ruggeri, currently SVP of Finance, Americas, to EVP and CFO. A 16-year Starbucks veteran, Ruggeri succeeds Patrick Grismer, who will be retiring from the CFO position…
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