Market News

UPDATE: Party City Emerges from Bankruptcy with Most Stores Intact

Editor’s note: This story was originally published on Sept. 7, 2023. Update from Oct. 13, 2023 — Party City has officially emerged…

Citing Rise of Generative AI, Snap Nixes ARES White-Label AR Offering

Just six months after it launched, Snap Inc. is closing its AR Enterprise Services (ARES) division, with CEO Evan Spiegel citing the…

Walgreens Boots Taps Healthcare Vet for CEO Post

A little over a month after the abrupt departure of CEO Rosalind Brewer, Walgreens Boots Alliance (WBA) has named former Express Scripts…

DRINKS Sells Wine Insiders Brand to Focus on Core Alcohol Ecommerce Tech

Alcohol ecommerce solution DRINKS has sold the Wine Insiders brand, which it acquired in 2014, to the new brand management firm Full…

GameStop Names Ryan Cohen CEO — for a $0 Salary

Editor’s note: This story has been updated since it was published on Sept. 28. Just months after firing its previous CEO, Matt…

Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its…

Ads Coming to Prime Video in 2024, but Amazon Promises ‘Meaningfully Fewer’ than on Other Streamers

Amazon is following the lead of nearly every other streaming service — including Disney+, Netflix and HBO’s Max — in announcing that…

Mastercard Forecasts ‘Solid’ Holiday as Consumers ‘Recoup Their Power’

This holiday season, U.S. retail sales from Nov. 1 to Dec. 24 (excluding automotive) are forecast to increase 3.7% from last year,…

TikTok Hit with €345 Million Fine for Data Privacy Violations in Europe

The Irish Data Protection Commission (DPC) has fined ByteDance-owned TikTok €345 million (approximately $368 million) for a series of violations of children’s…

Nordstrom Promotes 3 Long-Time Executives to New Merchandising, Stores Roles

Nordstrom, Inc. has announced a series of executive leadership appointments across its merchandising and store organizations, effective immediately, including the promotions of…

Fanatics Names Opendoor, GoDaddy Veteran as New Commerce CEO

Fanatics has appointed Andrew Low Ah Kee as CEO of Fanatics Commerce, the company’s largest business unit, effective immediately. Low Ah Kee…

BJ’s Names New Chief Information Officer

BJ’s Wholesale Club has appointed Anjana Harve as EVP and CIO, effective immediately. In her new role, Harve will be responsible for…

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Market News

UPDATE: Party City Emerges from Bankruptcy with Most Stores Intact

Walgreens Boots Taps Healthcare Vet for CEO Post

DRINKS Sells Wine Insiders Brand to Focus on Core Alcohol Ecommerce Tech

GameStop Names Ryan Cohen CEO — for a $0 Salary

Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Ads Coming to Prime Video in 2024, but Amazon Promises ‘Meaningfully Fewer’ than on Other Streamers

Mastercard Forecasts ‘Solid’ Holiday as Consumers ‘Recoup Their Power’

Nordstrom Promotes 3 Long-Time Executives to New Merchandising, Stores Roles

Fanatics Names Opendoor, GoDaddy Veteran as New Commerce CEO

BJ’s Names New Chief Information Officer

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The Agentic Engine Powering Profit-Driven Merchandising

6 Essential Tips for Social Commerce for Tax, Finance, and IT Leaders

AI at a Crossroads: Leadership, Ethics, and ROI

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