Retail Dive reported that Office Depot is set to close 65 of its office supply stores in Q4. Office Depot’s shares have increased as much as 15 percent after the announcement on Thursday (Nov. 3). Office Depot plans to close 300 office supply stores over the...
The average shopper — retail’s favorite concept. For years and for all intents and purposes, the average shopper could be found in Peoria, Illinois. The demographically representative city was a favored testing grounds for products, and the certification that it “plays in Peoria” was taken...
Chain Store Age reported that online custom menswear eStore retailer Knot Standard is opening its first in-person shop — a store-in-store location in Bloomingdale’s Manhattan flagship on 59th Street. Knot Standard boasts maximum customizability for its menswear customers. On its eStore, customers use 3D modeling technology...
For Target, it may be “cleanup in aisle” … well, scratch that. The whole grocery department. Retail Dive reported Thursday (Nov. 3), quoting the Minneapolis Star Tribune, that Anne Dament, who had been in charge of Target’s grocery store unit, has left the building. Her tenure has...
No Brexit for you. Or maybe there will be. As reported Thursday (Nov. 3), a U.K. court has ruled that the nation’s government can’t, in fact, start negotiations in advance of its much ballyhooed exit from the European Union — without a vote from Parliament. That...
Boku, an independent carrier billing company, announced Wednesday (Nov. 3) the expansion of carrier billing for Spotify music users in Switzerland. According to a blog post, the expanded carrier billing is via Swisscom. With the partnership, Boku said it will help 6.5 million Swisscom subscribers...
The Consumer Financial Protection Bureau announced Wednesday (Nov. 2) that it, along with the New York Attorney General, launched a lawsuit against what it said are the leaders of a “massive debt collection scheme” based in Buffalo, New York. According to a press release, the...
Zcash, the anonymous new bitcoin alternative that was just launched, found a bug that may stop private transactions from being mined. According to a blog post on Zcash’s website, the company said there is one known bug that causes private transactions to not get mined. “We’re going...
Tradeshift aims to connect businesses globally, with an eye on its own expansion. Here’s why the firm has just opened operations in Sydney and New Zealand, where economies and supply chains are growing nicely, according to CMO John Eng and Regional Sales Director Charles Thackwell.
