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.
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 7/6/2017 True Religion Inc. Files for Chapter 11 Bankruptcy True Religion Inc. has filed for Chapter … Continue Reading →
Staples announced it was acquired by a private equity firm for $6.9 billion. Here is what Staples executives had to say about the acquisition and what it means for the company.
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 06/29/2017 Pier 1 Imports Sees 23% Ecommerce Growth in Q1 Pier 1 Imports saw ecommerce growth … Continue Reading →
If you’ve been around long enough, you know there’s a shortage of experienced managers in retail, catalog and now ecommerce operations for decades. To help counter that trend, here are some thoughts on how to develop better operations managers for your direct-to-customer or ecommerce business.
Multichannel Merchant STRATEGIES & TACTICS FOR THE B2B & B2C MERCHANT week of 6/27/2017 Combating the 5 Reasons Shoppers Don’t Contribute User-Generated Content User-generated content (UGC) such as ratings, reviews, … Continue Reading →
In the wake of Amazon’s announcement that it plans to acquire Whole Foods for $13.7 billion, Walmart is asking its partners and suppliers to take their software services off of the Amazon Web Services cloud network.
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 6/23/2017 eBay Launches Price Match Guarantee eBay launched a Price Match Guarantee on more than 50,000 … Continue Reading →
Dropping a bombshell into the marketplace, Amazon announced its plans to acquire Whole Foods in a cash deal worth $13.7 billion, its biggest deal to date, blowing out Amazon’s bricks-and-mortar agenda and sending shockwaves across both the retail and grocery sectors. See what industry observers had to say about the impact of this major deal.
Walmart announced the acquisition of Bonobos. The big-box retailer bought the online clothing retailer for $310 million in cash. See what changes are coming down the pike for both companies.