Walmart Delivers Promising E-Commerce Bounceback In Q2
On the heels of its $3.3 billion acquisition of Jet.com, Walmart released its Q2 earnings report, showing a…
News August 18
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Department Store Drama Dominates Q2; Are More Store Closings In The Cards?
A disappointing Q1 for department stores kept all eyes on a select few retailers throughout Q2. Although the…
News August 18Macy’s Closing 100 Stores As Sales Decline For Sixth Straight Quarter
Macy’s is shuttering 100 stores, or approximately 15% of its store base, as it seeks to reposition its…
News August 11
Ralph Lauren, Michael Kors Fall Victim To Wholesale Luxury Blues
UPDATE: Michael Kors will no longer participate in department store promotional sales as of February 2017, according to John Idol,…
News August 10
Coach Dials Back Department Store Presence As Full-Year Income Jumps 14%
Coach is seeing the fruits of its labor two years after beginning its brand transformation, generating positive revenue…
News August 9
DynamicAction Secures $15 Million In Funding, Partners With Accenture
DynamicAction, a data analytics solution provider for retail merchandisers, has secured $15 million in a Series B funding…
News August 4Office Depot Set To Close 300 More Stores But Increase New Format Locations
Fewer stores overall but more small, highly curated “stores of the future” are in the works for Office…
News August 3
GameStop Diversifies Portfolio By Scooping Up 507 AT&T Mobility Stores
GameStop is further expanding its brand portfolio beyond video games and consumer electronics by acquiring three national AT&T-authorized…
News August 3
Amazon Profits Pass $850 Million In Q2 As Cloud Service Sales Climb 58%
Amazon had yet another profitable quarter — its fifth straight — with net revenues increasing 31% to $30.4…
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