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Stein Mart Hires Hilco Streambank to Sell Off its IP
Off-price retailer Stein Mart, which filed for bankruptcy in August, has hired Hilco Streambank to put the brand’s intellectual property (IP) up for sale. Hilco Streambank will receive a percentage…
News October 20FedEx Adds 2,000 Stores to Retail Returns Network
FedEx will partner with Happy Returns to offer the solution provider’s in-person return service at more than 2,000 FedEx Office locations. The program, which will let shoppers return ecommerce orders…
News October 20RIC20 Recap: Speakers Provide Answers to Five Pressing Questions
Everyone in retail has Big Questions: What will this holiday season be like? Will the coronavirus surge in the cold weather, and will that force stores to close again? How…
Features October 20The Logistical Nightmare Before Christmas: How to Avoid it
The 2020 holiday shopping season is anticipated to be remarkably different than any in recent years, especially when it comes to where people are expected to shop — online. With…
Executive Viewpoints October 20How Klarna Is Transforming the Role of Payments
Featuring: David Sykes, Klarna Historically, payment has been defined merely as a “last step” in the buying journey — the aftermath of the immersive and exciting elements that make a…
October 19Alibaba Acquires Controlling Stake in Sun Art Hypermarket Chain
Ecommerce giant Alibaba will invest approximately $3.6 billion in the 484-store Sun Art hypermarket chain in a bid to compete in China’s growing online grocery industry. The transaction raises Alibaba’s…
News October 19CVS Health Hiring 15,000 New Employees to Prepare for Flu Season, COVID Vaccine
CVS Health will add 15,000 employees, including more than 10,000 for new pharmacy technician roles, as the retailer plans for an uptick in COVID-19 and flu incidences during the colder…
News October 19Purple Ventures North of the Border with Sleep Country Canada
Mattress retailer Purple is partnering with Sleep Country Canada to bring its products to all 280 of the retailer’s stores across Canada. The expansion marks the first time Purple products…
News October 19Belk Adds Same-Day Delivery Option
Department store retailer Belk will provide same-day delivery on select merchandise for orders placed before 2 pm, with delivery the following day for orders coming in after that time. The…
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