 |
The News, Commentary & Events that Shaped Commerce This Week
week of 1/10/2020 |
|
|
|
| California Judge Exempts Truckers from AB5 Contractor Law |
| A state court judge in California ruled in favor of truckers seeking an exemption from AB5, which broadly restricted the use of contractors by requiring employers to reclassify them as employees. On Dec. 31, a federal judge issued a similar ruling temporarily exempting 70,000 truck drivers from the Jan. 1 implementation of AB5.…» |
|
|
|
|
|
| Bed Bath & Beyond Selling Half Its Real Estate Assets Including HQ |
| Continuing a shakeup begun when six executives were let go last month by the new CEO, Bed Bath & Beyond plans to sell half its real estate assets, including its headquarters and an unknown number of its 1,500 stores, to a private equity firm, the Wall Street Journal is reporting.…» |
|
|
|
| DTC Brands Grabbing More Share of Voice, Pocketbook, Study Finds |
| Direct-to-customer (DTC) brands continued their ascension in 2019 with more than 40% of American consumers making DTC purchases, according to a new report from Diffusion PR. Legacy brands have caught the wave by either acquiring their own DTC brands or investing in their own capabilities.…» |
|
|
|
|
|
| Nectar Parent Company Resident Raises $12.5 Million |
| Direct-to-customer ecommerce startup Resident, whose home furnishing brands include Nectar, DreamCloud, Level, Awara, Wovenly, Bundle and 1771 Living, has raised $12.5 million from Tel Aviv-based Liquidity Capital. Resident will use the capital to drive growth and move into additional home products.…» |
|
|
|
| Pier 1 Closing Nearly Half its Stores, Reducing Staff, Weighing Bankruptcy |
| Pier 1 Imports said it plans to close up to 450 stores, nearly half of its 942 locations, reduce headcount and shutter some distribution centers along with other expense reductions as the company is reportedly weighing bankruptcy. The company reported a 11.4% drop in same-store sales and a 13.3% drop in net sales in Q3.…» |
|
|
|
|
|
|
| featured jobs |
|
Sr. Technical Project Manager - eCommerce/D2C
Experian – Costa Mesa, CA
Transportation Area Manager
Amazon.com Services, Inc. – , OH
Transportation Area Manager
Amazon.com Services, Inc. – , MO
Transportation Area Manager
Amazon.com Services, Inc. – , NJ
Customer Service eCommerce
National Vision, Inc. – Lawrenceville,
Manager, Ecommerce and Digital Strategy
FinishMaster – Indianapolis, IN
|
|
 |
|
|
| Join us at the Ecommerce Operations Summit |
Learn More |
|
|
|
