MCM Week in Review (9/13/19)

| David Hurwitz

Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 9/13/2019 High-End Candy Maker Sugarfina Files for Chapter 11 Bankruptcy Delicious champagne-flavored gummy bears couldn’t save … Continue Reading →

3 Payment Process Steps for Increasing Ecommerce Conversion

| Nick Tubb

For an ecommerce business to grow and maintain a constant stream of revenue, it must learn how to increase conversions. One of the best ways to do this is to optimize the payment experience. Here are ways payments can increase conversions.

Ecommerce Link Building Ideas to Try Before the Holiday Season

| Anita Sambol

If you start thinking about your pre-holiday link building tactics now (as in today, not next week), you will have a fair chance of building up quite enough traffic through these backlinks to make a significant difference in your upcoming holiday revenues. Here are some tips on how to get started before the busy season.

Target First to Expand Curbside Pickup to All 50 States

| Mike O'Brien

Target has now expanded its Drive Up curbside pickup service to about 1,750 stores in all 50 states, a first in retail, two years after its launch as an insourced offering when a pilot failed with an outside provider. Just weeks ago,Target announced an expansion of the service to 1,500 stores in time for the busy back-to-school season.

Sears Hometown and Outlet Stores Sold to Liberty Tax

| Daniela Forte

Lease-to-own retailer Sears Hometown has been saved from potential failure through a $133 million acquisition by tax preparation firm Liberty Tax, which has been on a buying spree of distressed businesses this summer as it expands into the world of franchise retail and rent-to-own.

Le Tote Buying Lord & Taylor from Hudson’s Bay for $100M

| Daniela Forte and Mike O'Brien

In a surprising move, Hudson’s Bay Company is selling the storied Lord & Taylor chain, which dates to 1826 in New York, to fashion rental subscription startup Le Tote for a relatively cheap $75 million upfront, and another $25 million via a promissory note in two years.

Subscription Seller Loot Crate Files Chapter 11 Bankruptcy

| Mike O'Brien

So-called “geek gear” subscription box seller Loot Crate, an early leader in the now red-hot category, has filed for Chapter 11 bankruptcy protection as cash runs low, according to various media reports. The company has a white knight buyer in the wings, a major collectible manufacturer and distributor that took on its debt.

5 Tips for Launching an Ecommerce Platform for Your Brand

| Jarod Jones

These days, it’s easier than ever to enter the ecommerce market. DIY platforms and services that help brands sell online abound. The range of digital marketplaces keep expanding, and the barriers to entry keep shrinking for both B2B and B2C brands. Here are some best practices for launching your brand’s ecommerce platform.

Walmart Looks to Sell ModCloth as it Battles Ecommerce Red Ink

| Daniela Forte

As was expected since ecommerce losses are mounting, Walmart is looking to shed one or more of the several digitally native vertically integrated brands it picked up on a shopping spree that began after the game-changing Jet.com acquisition in 2016, with ModCloth being first up on the block.

MCM Week in Review (8/9/19)

| David Hurwitz

Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 8/9/2019 Barneys Files for Bankruptcy, Closes 15 Stores Luxury retailer Barneys is filing for bankruptcy and … Continue Reading →