Multichannel Merchant Week In Review The News, Commentary & Events that Shaped Commerce This Week

week of 01/27/2017
UPS Acquires UK Truck Brokerage Firm Freightex
UPS has acquired British firm Freightex to gain entry into the European truck brokerage market. This comes eight months after FedEx closed its acquisition of Netherlands-based TNT Express. See what a UPS unit executive had to say about the rationale behind the move, how it will be integrated with Coyote Logistics and how it's positioned in the European market.…»
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Kohl's Using Technology to Transform the Customer Experience
Retailers need to focus less on the “shiny new objects” and instead focus on systems and solutions that actually move the needle, Ratnakar Lavu, Chief Technology Officer for Kohl's said at NRF's Big Show. See what tech tricks the company has up its sleeve, which are coming down the road and how they're boosting loyalty and engagement.…»
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FedEx to Operate Pickup Facilities at Walgreens Stores
In a move similar to UPS and its access point location program launched two years ago, FedEx has struck a deal with Walgreens that will place staffed parcel pickup and dropoff operations at local Walgreens stores.…»
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Lane Bryant CEO Mysteriously Steps Down
Just four months after she took the helm of fashion retailers Lane Bryant and Catherine’s, CEO Linda Heasley mysteriously left the position. See what its parent company Ascena Retail Group had to say about the departure. …»
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Supply of Warehouse Space Catching Up with Demand
After years of an extremely tight market for commercial warehouse space, mostly due to the booming growth in ecommerce, a rapid increase in development including spec projects has been slowly closing the gap. See what the numbers show and how the market is trending.…»
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Wet Seal Suddenly Closing All Its Stores
Struggling teen apparel retailer Wet Seal is suddenly closing all 148 of its U.S. stores. It joins Limited Stores this month as yet another victim of the rapid shift in consumer buying habits that is hitting store chains hard.…»
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