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The News, Commentary & Events that Shaped Commerce This Week
week of 7/6/2017 |
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| True Religion Inc. Files for Chapter 11 Bankruptcy |
| True Religion Inc. has filed for Chapter 11 bankruptcy in an effort to slash its debt of about $500 million, with plans to emerge from the process as soon as possible. See what contributed to the decision to file and what plans the company has going forward. …» |
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| Nike Confirms Pilot Sales Program on Amazon |
| Nike confirmed it is selling select products directly through Amazon in a pilot program, greatly expanding its reach while also helping address counterfeiting. The news is a direct hit to retail partners like Finish Line and Foot Locker, who will undoubtedly lose sales. Nike will also start selling directly through a partnership with Instagram.…» |
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| Finish Line Enhances Mobile-First Strategy with Updated App |
| The Finish Line is working on several initiatives aimed at driving traffic and conversion, including the recent update of its mobile app. See what Finish Line executives had to say about what their plans are with mobile both in-store and online. …» |
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NEW Virtual Event: The Peak Season Summit 2017 |
| Register to attend the industry’s first online conference focused on the entire peak season cycle, from the planning and prep process through the crucible of execution and the blitz of returns. |
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| Vantiv Acquires Rival Worldpay for $9.94 Billion |
| In yet another mega merger in the retail sector, U.S.-based credit card processing firm Vantiv is acquiring UK-based payments technology firm Worldpay in a deal worth $9.94 billion, after J.P. Morgan withdrew its interest in Worldpay. The move give Vantiv greater access to the lucrative European ecommerce and digital payments market.…» |
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| QVC to Acquire Rival Firm Home Shopping Network |
| Creating a mega-entity in the world of television shopping and ecommerce in general, QVC plans to merge with Home Shopping Network in a deal valued at $2.1 billion. Here is what executives from both companies had to say about what this will mean moving forward. …» |
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