WWD: Saks.com Cutting 100 Jobs, 5% of Total Workforce
Saks.com is planning to let at least 100 employees go, approximately 5% of the ecommerce retailer’s 2,000-person workforce,…
News January 23
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NRF 2023: Saks OFF 5TH CEO Foresees Smooth Sailing for Off-Price Despite ‘Choppy’ Economic Waters
The mood on the street these days could generally be described as gloomy. But as other retailers brace…
Features January 16
CommerceHub to Buy ChannelAdvisor in $635 Million Deal
CommerceHub has agreed to purchase the 27.5 million outstanding shares of ChannelAdvisor in a cash deal for $23.10…
News September 6
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The Store Manager Bottleneck: Why Execution Is Retail’s Hidden Margin Killer
In today’s retail environment, store managers are no longer “just” operators. They are culture carriers, translators of strategy, problem solvers, and the primary architects of the customer experience. Every corporate…
June 1
Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff
Shareholder activists are nothing new — some sources credit Warren Buffet’s mentor Jeff Gramm as the first activist…
Features June 23
Latest Funding Round Puts $140M into commercetools’ Coffers
Headless commerce solution provider commercetools has secured $140 million in its latest funding round, which was led by…
News September 13
HBC Splits Saks OFF 5TH Into Online and In-Store Businesses — a Path Other Brands May Follow
HBC will spin off the ecommerce operations of Saks OFF 5TH into its own independent entity through a…
News June 22Top Stories
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