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Woolrich expands in SoHo despite retail slump
The market for brick-and-mortar retail is not all doom and gloom. Woolrich, the upscale outdoor clothing and workwear brand, has struck a deal to expand its SoHo store. The company is more than... To view the full story, click the title link......»»
As Covid-19 rattles retail, Portland skin care startup shifts to subscription boxes
Startup Glory Facial has paused plans to raise outside capital and open a bricks-and-mortar store and shifted to a subscription-box business model......»»
Here"s how Warren Buffett is tackling the retail industry in 2020
COVID-19 containment efforts are pushing consumers into e-commerce shopping and leaving many traditional bricks-and-mortar store chains struggling to stay afloat......»»
Who is Sycamore Partners? Meet the buyer of Victoria"s Secret
Sycamore Partners has made money in bricks-and-mortar retail where others have failed. But that hasn't always made it popular......»»
Google acquires startup Pointy to help brick-and-mortar retailers list inventory online
Alphabet Inc.'s Google on Tuesday said it intends to acquire Pointy, a retail startup in Ireland that lets brick-and-mortar retailers list inventory online. Terms of the deal, expected to close .....»»
Another sign of the retail-pocalypse as e-commerce ETF overtakes one that tracks bricks and mortar
There’s now more money in an exchange-traded fund that tracks online retailers than one made up of mostly bricks-and-mortar companies......»»
New Blue Nile CEO plans brick-and-mortar push
Having a physical retail presence has long been a strategy for the online diamond retailer, which currently has five showrooms, but Sean Kell has big plans......»»
Store closings: Who are the biggest victims of the retail apocalypse
Women outnumber men in bricks-and-mortar retail jobs at a ratio of 2-1, but they face a numb.....»»
Exclusive: Boon for Hong Kong as Alibaba plans $15 billion listing in late November - sources
Chinese retail titan Alibaba plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming to raise up to $15 billion in a deal that signals a vote of confidence in the Asian financial hub......»»
Exclusive: Boon for Hong Kong as Alibaba plans $15 bln listing in late November - sources
Chinese retail titan Alibaba plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming to raise up to $15 billion in a deal that signals a vote of confidence in the Asian financial hub......»»
UK fintech unicorn Revolut is hiring 3,500 staff as part of a global push with Visa
Revolut British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa. Revolut has grown at breakneck pace since its launch in July 2015 and.....»»
Exclusive: Fintech firm Revolut to hire 3500 staff in global push with Visa
British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc, the two companies said on Monday......»»
GrowGeneration Expands Reach Through GreenLife Acquisition
GrowGeneration Corp (OTC: GRWG), a chain of specialty retail hydroponic and organic stores, said it has acquired GreenLife Garden Supply, allowing the company to expand its number of locations. The terms of the deal were not disclosed. read more.....»»
Amazon extends lead as top retail brand in Kantar/WPP survey
Amazon has almost doubled its brand value to $316 billion as it expands in areas like entertainment and smart speakers, while China's Alibaba is now the world's second most valuable retail brand, a survey showed on Tuesday......»»
Kohl"s Shares Spike After Retailer Expands Returns Deal With Amazon
Kohl's shares trade higher Tuesday after the retailer says it would be expanding its agreement with Amazon to allow returns from the online giant to its brick-and-mortar stores......»»
Custom Ink"s push into brick-and-mortar includes positions inside Michaels, Walmart
Fairfax-based custom printing company Custom Ink is stealing a beat from other big brands by testing out a brick-and-mortar retail strategy. In early 2018, Custom Ink LLC had just 10 retail locations spread across Virginia, Texas and Nevada. By ear.....»»
Upscale retailer Z Gallerie enters bankruptcy, angles for sale
The gloomy state of brick-and-mortar retail has helped push another chain into bankruptcy, and this one is planning a speedy sale in order to dodge liquidation......»»
Retail Stocks Shaken on Reports of Amazon"s Grocery Expansion Plans
Several retail stocks fell Friday afternoon following reports that Amazon.com was planning to expand its bricks-and-mortar grocery footprint substantially......»»
Alibaba"s Profit Falls as E-Commerce Giant Ramps Up Investments
Chinese e-commerce giant Alibaba said its profit fell 29% from a year ago, as it spent on acquisitions to expand overseas and into brick-and-mortar retail......»»
The Market In 5 Minutes: Iran Deal, Google"s Virtual Assistant, Walmart-Flipkart
IN THE NEWS Retail behemoth Walmart Inc (NYSE: WMT) made a major push into the India market Wednesday with an investment in Flipkart, India's leading e-commerce platform: Link read more.....»»