Stage Stores Inc. Acquires Select Assets of Gordmans Stores Inc.
Stage Stores Inc. will acquire select assets of Gordmans Stores Inc. See how many stores will be acquired and what it will mean for both companies.
News
Bergdorf Goodman Head Josh Schulman Steps Down
The head of Bergdorf Goodman, Josh Schulman, is stepping down from his position as its parent company, Neiman Marcus, considers a buyout. See what this will mean for the company going forward.
GameStop to Close Several Stores
More and more retailers are closing stores and other one joins the list. GameStop is planning to close about 150 of its stores in 2017. See what plans the retailer has going forward for 2017.
Amazon to Begin Collecting Sales Taxes in All Taxable U.S. States
Amazon will collect sales tax in all states with a sales tax and add current tax-free states Hawaii, Idaho, Maine and New Mexico, beginning April 1st. Here is what this could mean for Amazon.
Amazon Buys Middle Eastern Online Retailer Souq.com
Amazon announced plans to purchase Dubai-based online retailer Souq.com. See how this acquisition will benefit Amazon going forward.
Walmart Launches Investment Incubator Store No. 8
Walmart is continuing to step up its ecommerce innovation game, announcing this week the launch of ecommerce investment firm Store No. 8, a Silicon Valley-based incubator that will fund top entrepreneurs and launch startups.
New eBay Offering Guarantees Three-Day Delivery
eBay is wading into the fast shipping wars, taking on Amazon Prime and Walmart with its new Guaranteed Delivery offering that will launch this summer on its selling platform with more than 20 million eligible items. Shoppers on eBay will also be able to search and filter items by one- and two-day delivery.
Amazon Using Logistics for FBA Orders, Pushing Ahead on Drones
An Amazon executive said the company at this point is just using its recent investments in logistics and transportation to handle internal capacity, including servicing sellers using its Fulfilled by Amazon (FBA) program where it handles third-party orders. See what else he said about the company’s logistics focus, as well as the status of its drone delivery program.
Walmart Plans to Acquire ModCloth
Walmart is planning to acquire 15-year-old online vintage-inspired apparel retailer Modcloth. See what plans the big-box retailer has in place for Modcloth and what it means for them.
JackThreads Looking for Buyer After Failed Business Model
Mens online retailer JackThreads is looking for a buyer. The brand, which had been part of the digital media company Thrillist, is in talks to sell after its recent reincarnation failed. See what has caused JackThreads to go down this path and what the future holds for them.