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The News, Commentary & Events that Shaped Commerce This Week
week of 1/26/2018 |
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Nine West Could File for Bankruptcy |
Nine West Holdings Inc. and its creditors are looking to close on a deal and restructure almost $1.5 billion in debt that would include filing for bankruptcy and selling off parts of the company, Bloomberg reported. …» |
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Toys ‘R’ Us to Close Nearly 180 Stores Across the U.S. |
Toys ‘R’ Us announced it is closing nearly 180 stores across the U.S., accounting for one-fifth of its retail footprint, in the wake of filing for bankruptcy protection in late 2017. See what CEO and chairman Dave Brandon had to say about the future of the company. …» |
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FedEx Reorganizes Units to Focus on Cross-Border Ecommerce |
Continuing its push into cross-border ecommerce to take advantage of rapid growth in that area, FedEx is consolidating a few different business units under existing freight forwarding division FedEx Trade Networks (FTN) as of March 1. See what FTN is now comprised of, and how FedEx views the opportunity.…» |
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Amazon Go Launches at Seattle HQ, A Year After the Fact |
Amazon launched its first Amazon Go store on the ground floor of a building in its sprawling Seattle headquarters. Shoppers simply walk out of the store after scanners add up the purchases, send them to an app and have it deducted from their account. See what else the disruptive location has in store.…» |
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Kroger Reportedly Looking to Purchase Overstock.com |
Cinncinati-based grocery giant Kroger seems to be ecommerce window as it eyes new acquisition target Overstock.com. See how this move - along with its reported interested in Box.com - could elevate Kroger's game in ecommerce and online grocery against giants like Amazon, Walmart and Target. …» |
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