Bankruptcy

Articles on bankruptcy in the retail industry.

  1. Operations & Supply Chain

Leveraging Technology for Retail Efficiency During the Holiday Returns Influx

Retail job openings reached a staggering 1.3 million in August — the same month employees voluntarily left their jobs at record rates (4.3 million). As the 2021 holiday season approached, retailers scrambled to fill hundreds of thousands of vacant roles by offering higher wages and signing bonuses. However, while they made it through the holiday […]
3 min read
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  1. Channel: Delivery

Jason & Scot Show Episode 284 Annual Predictions 2022

A weekly podcast with the latest e-commerce news and events. Episode 284 is our annual predictions episode for 2021 and a recap of our 2021 predictions. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook 2021 Predictions Recap Jason: Made to Order apparel business > […]
30 min read
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  1. Trends & External Forces

Performance Indicators That Will Make or Break Retailers in 2022

In many respects, retailers helped us maintain our sanity and sense of control over the course of the pandemic. Online shopping made our lives easier and many of us found solace in app-enabled omnichannel experiences like curbside pickup and local delivery.   Retailers like Amazon, Target, and Walmart were targeted because of their affordability, accessibility, […]
3 min read
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  1. Data & Insights

SportStop – Meet the Pioneers of Online Selling Turned Multimillion-dollar Online Sports Brand Mogul

Have you ever thought about the pioneers in e-commerce, the businesses who thought of e-commerce and kickstarted the model before all the current hype it has now? Well, you don’t have to ponder over it and imagine, as we have one of the first e-commerce businesses ever to exist, narrating their story to the journey […]
8 min read
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  1. Channel: Grocery

Southeastern Grocers Ends Current IPO Bid

WJCT News reports that Southeastern Grocers, parent company to Winn-Dixie, Harveys, and Fresco Y Más supermarkets, has decided to officially end its bid to go public, filing notice with the Securities and Exchange Commission (SEC) “asking to withdraw its registration statement on Form S-1. This form is the initial registration that must be filed by […]
< 1 min read
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  1. Channel: Department Stores

Neiman Marcus notifies 4.6M online customers about data breach

Neiman Marcus Group has notified 4.6 million online customers that their personal information, including credit card numbers, may have been compromised in a hack of the retailer’s system in March 2020. The company, which emerged last year from Chapter 11 bankruptcy protection, said that it does not appear that accounts with its Bergdorf Goodman and […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Lessons from Bankruptcy Drive Ecom Agency Founder

Josh Durham knows the downside of entrepreneurship. He founded an ecommerce company in 2015 and quickly grew revenue. Then it went out of business. Fast forward to 2021 and Durham has bounced back. He launched a successful marketing agency, Aligned Growth Management, that builds on his own early-day lessons. The post Lessons from Bankruptcy Drive […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

9 Ways to Reduce Customer Acquisition Costs

Customer acquisition costs can make or break an ecommerce business. Spending too little could result in no new customers. Spending too much could bankrupt the company. Computing the CAC is straightforward: divide total promotional costs by the number of new customers. The post 9 Ways to Reduce Customer Acquisition Costs appeared first on Practical Ecommerce.
< 1 min read
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  1. Channel: Department Stores

Report: Selfridges Seeks $5.5B Sale as UK Department Stores Continue to Struggle

Selfridges’ owners have launched a formal auction to sell the department store chain, which has been valued as high as £4 billion ($5.5 billion U.S.), according to Yahoo! News. The potential sale emphasizes the difficult position many department stores find themselves in: Selfridges has taken multiple steps to revive its business, but despite some notable […]
2 min read
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  1. Corporate Strategy

GNC Names New COO, Chief Merchandising Officer

GNC has announced two new appointments to its leadership team: Nate Frazier has been promoted to EVP, COO, and former Zappos executive Karlyn Mattson has joined the company as Chief Merchandising Officer. Both Frazier and Mattson will report to newly appointed CEO Josh Burris. Frazier was most recently SVP of Operations, leading GNC’s U.S. and Canada stores and […]
< 1 min read
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  1. Channel: Mass

Walmart Courts Tweens with Exclusive Justice Line

Walmart has been hard at work expanding its fashion assortment to offer customers quality, on-trend and accessible style at an incredible value. The retailer has launched and grown private brands, like Time and True, Terra & Sky, Wonder Nation and George. They have developed and launched exclusive partnerships and collaborations like ELOQUII Elements, Free Assembly, Scoop and Sofia Jeans by Sofia Vergara. Just […]
2 min read
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  1. Channel: Mass

Justice makes a comeback at Walmart

Walmart will sell 140 items from the Justice brand in 2,400 stores across the U.S and on walmart.com. The line, which includes tween-focused clothing, accessories, bath, bedding, jewelry and other items, marks a comeback for Justice. The brand closed all 826 of its stores last year as part of former parent company Ascena Retail Group’s […]
< 1 min read
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  1. Corporate Finance

Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21, JCPenney, Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. The company said in a prospectus filed July 6, 2021, that it plans to […]
2 min read
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  1. RetailWit QuickWit

Daily QuickWit (1/18) – Top Retail News of the Day

Microsoft to acquire Activision Blizzard Microsoft has reached a deal to acquire Activision Blizzard for $68.7 billion in cash. The acquisition will make Microsoft the third-largest video gaming company. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes […]
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  1. Media & Marketing
  2. Channel: Restaurants
  3. CPG: Beverage
  4. Media & Marketing
  5. Agencies & Vendors
  6. Data & Insights
  7. International

Exceptional Branding All Boils Down to Creating an Experience

Dried pasta should be so easy to cook and yet, somehow, that delicious al dente texture Italian restaurants so effortlessly perfect often seems to elude even the biggest pasta fans. Leave the pan boiling for 30 seconds too long or too little, and it seems you either end up with overcooked mush or a bowl […]
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