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The News, Commentary & Events that Shaped Commerce This Week
week of 3/16/2018 |
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| Boxed.com Rejects Kroger’s Purchase Offer |
| Boxed Wholesale rejected a $400 million acquisition offer from Kroger Co., and will pursue a new funding round to remain private. See how the company has differentiated itself from its competitors. …» |
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| Omnichannel, Mobile Help Boost Abercrombie & Fitch in Q4 |
| Abercrombie & Fitch reported a strong fourth quarter of 2017, returning to positive comp territory, besting revenue and profit estimates, right-sizing its store footprint, increasing direct sales and continuing integration of its omnichannel initiatives.…» |
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| How More Brands Are Choosing to Build Loyalty by Giving Back |
| When customers think about brands that give back, they may immediately think of TOMS, whose mission is to give a pair of shoes to children in need in over 70 countries with every pair sold. Today several other brands have followed TOMS' lead in their own efforts to give back. …» |
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| Toys R Us to Close All U.S. Stores |
| Toys R Us announced it is closing or selling all of its more than 800 stores across the U.S. CNBC reported that the company is working out a plan to save at least 200 stores from going dark if it can find a buyer. Here is what caused the demise of yet another big-box retailer. …» |
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| Walmart Whistleblower Claims Ecommerce Results Overstated |
| A former director of business development for Walmart claims in a lawsuit the company skirted rules and published misleading results that helped to inflate its ecommerce numbers, according to Bloomberg. Walmart denies the claims and said it will vigorously defend itself.…» |
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| The MCM Network Source Directory |
| Offers easy access to all the leading products, technology and services available – searchable by type, geography and name. Start your search. |
