Luxottica Joins with Essilor in $49 Billion Merger
Italian-based eyewear company Luxottica announced plans to merge with France’s lens company Essilor in a $49 billion deal. See what this will mean for both brands moving forward.
News
American Apparel Begins Layoffs and Closes Stores
American Apparel laid off 2,400 employees in its Los Angeles headquarters and manufacturing hub two months after it filed for bankruptcy protection. Here is what it will mean for the company going forward.
Mobile Brings 70% YoY Sales Growth for eBags
eBags, a travel gear e-tailer and expert reports that year over year sales via mobile grew 70% for both Q4 and full year 2016 while mobile traffic grew 67% for Q4 and 53% for the year. See what eBags did to achieve this.
Nine West Holdings Inc., Acquires Kasper Group
Nine West Holdings Inc., acquires affordable ready-to-work apparel brand The Kasper Group. See what this will mean for both companies going forward.
Nebraska Furniture Mart Enhances Supply Chain Visibility
Nebraska Furniture Mart has improved supply chain visibility, forecast accuracy and customer service while optimizing the company’s freight operations and fostering increased collaboration with partners and vendors. See what other benefits the company realized from implementing an integrated supply chain solution.
Amazon’s 1-Click Payment Patent Expires in 2017
Amazon’s U.S. patent for one-click payments will expire this year, allowing other retailers to incorporate the same technology on their websites. See whether Amazon will still have an edge or not over other retailers.
Amazon Dominates, Desktop Wins Sales During Holiday 2016
Amazon continues to dominate ecommerce and desktop won sales during holiday 2016, while bricks-and-mortar took a beating. See whether this trend will continue throughout 2017.
Retailers Continue Omnichannel Pivot as Stores Struggle
Major retailers including Macy’s, JC Penney and Nordstrom are placing larger bets on omnichannel as the future of retail, amid hundreds of store closings and even a chain shuttering in the wake of a tough holiday season for brick-and-mortar sales. See what moves the chains are making to counter Amazon’s incursions.
BSN Sports Acquires Marlow Sports, Inc.
BSN SPORTS announced it has completed the acquisition of Marlow Sports, Inc. See what this will mean for both brands.
USPS Pulling Operations Out of Staples
Three years after it had begun, the U.S. Postal Service is ending its relationship with office supply chain Staples, pulling its beleaguered Staples-staffed service centers out of the stores by early March amid labor pressure and a labor board ruling upholding an earlier court order.