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FULLBEAUTY Brands To Acquire Catherines For $40.8 Million
Ascena Retail Group plans to sell Catherines to FULLBEAUTY Brands for $40.8 million, according to a bankruptcy court filing. FullBeauty’s winning bid is more than twice the original $16 million…
News September 18
Walmart Boosts Pay For 11% Of Associates In Store-Level Restructuring
After instituting two prior rounds of restructuring this year, Walmart announced that it is introducing a “team-based operating model” in its supercenters, which comprise the majority of the chain’s stores…
News September 18
Report: Rent The Runway Drops Unlimited Rentals Offering In Subscription Overhaul
Rent the Runway is eliminating the unlimited rentals option as it overhauls its membership plans, according to CNBC. CEO Jenn Hyman stated that the changes have been in the works…
News September 18
Need For Speed: How Retailers Can Meet Consumers’ Digital Expectations
Consumer expectations are constantly on the rise, driven by innovations and new offerings that promise more efficient and personalized experiences. For retailers, the stakes of customer satisfaction and engagement that…
Executive Viewpoints September 18
You Have Recurring Revenues, Now What?
With millions of consumers trapped at home — and spending on little outside of essential goods — during the COVID-19 pandemic, many retailers have discovered the benefits of engaging with…
Executive Viewpoints September 18
How Lowe’s ‘Making It’ Contest Blazes A Trail For Underrepresented Entrepreneurs
Coming up with a great product is only half the battle for inventors/entrepreneurs. Often, the real challenge involves getting the ear of retail gatekeepers and convincing them that the new…
Features September 18
Torrid Pushes Email Click Rate To Nearly 15% With Real-Time Mapping
In the wake of COVID-19, store hours and services can be unpredictable, making it difficult for customers to keep up. Torrid is using the LiveMap feature from email solution provider…
News September 17
Tiffany Protests LVMH Effort To Delay Lawsuit Over Endangered Acquisition
The star-crossed acquisition of Tiffany & Co. by luxury giant LVMH Moët Hennessy Louis Vuitton has gone to its next level of legal wrangling between the two companies. Tiffany has…
News September 17
NRF, Census Bureau Report Continued Retail Recovery In August
Retail sales continued their gradual improvement in August, rising 0.6% seasonally adjusted from July and 2.6% year-over-year, according to Census Bureau data. The monthly increase is down slightly from the…
News September 17
