December 05, 2021
Kohl’s Urged to Sell Company or Spin off eCommerce Business
Kohl’s, the second-largest U.S. department store chain, has been urged by activist investors to either sell itself outright or consider a spin-off of its eCommerce division in a bid to...
December 03, 2021
Customers’ Use of Physical Stores Makes Macy’s Online Split More...
Advised to separate its eCommerce business from its physical stores, Macy’s is debating how best to approach the concept without alienating its online shoppers who depend on the retail shops...
November 18, 2021
Farm Bureau: Inflation Gobbling Thanksgiving Budgets
Inflation is taking a bite out of Thanksgiving dinner, with prices anticipated to be up about 14% over last year, according to data from the Farm Bureau’s 36th annual survey...
November 11, 2021
Logistics Startup ShipBob Unveils B2B Fulfillment Suite
The logistics startup ShipBob has launched a B2B fulfillment suite and new API capabilities, tools the Chicago company says will let merchants “sell throughout the entire B2B ecosystem.” ShipBob announced...
November 01, 2021
Macy’s Thanksgiving Day Parade to Follow Pre-COVID Street Route
The Macy’s Thanksgiving Day Parade will be back to its pre-pandemic glory this year, including a full route through Manhattan, balloons with handlers and crowds back in place, the Associated...
October 18, 2021
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’...
Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm public at some point, possibly...
August 25, 2021
Klarna’s GMV Grows By $8B Amid Rising App Installations
The Swedish buy now, pay later (BNPL) firm Klarna reported a “record” second quarter on Wednesday (Aug. 25), announcing that its gross merchandise volume (GMV) had grown by over $8...
July 18, 2021
Terry Lundgren Says Apparel Market Can Take Some Slight Price...
According to ex-Macy’s executive Terry Lundgren, the apparel market probably won’t see any issues from rising inflation, CNBC reports. Lundgren told CNBC’s “Power Lunch” that the industry, which has seen...
June 21, 2021
As Australia Cuts Supplier Payment Terms, U.S. Firms Enjoy Delays
Late B2B payments are a universal issue, with businesses around the globe feeling the cash flow pressure from delayed invoice payments. Yet not all jurisdictions address the pain point in...