Retail TouchPoints

AUGUST 31, 2020

Saadia Group won the bankruptcy auction for RTW Retailwinds ’ New York & Company and Fashion to Figure e-Commerce business and related intellectual property for a cash purchase price of $40 million plus assumption of certain liabilities, including honoring gift cards. The deal includes the web sites www.nyandcompany.com, www.fashiontofigure.com and the rental subscription businesses www.nyandcompanycloset.com and www.fashiontofigurecloset.com.

Promotions 264

Promotions Fashion Location Planning 264

Storis

AUGUST 31, 2020

In today’s world, everyone has a smartphone. I am constantly using my phone to research, browse, and make impulsive purchases. That is, until recently, when I stepped outside of my comfort zone and made a big-ticket purchase; new sofas. I found out that the shopping journey for buying furniture was very different than my normal mobile purchases of clothing or shoes.

Home Furnishings 52

Home Furnishings Shopping Consumer Customer Experience 52

Retail TouchPoints

AUGUST 31, 2020

The evolution from physical to digital has not only accelerated in retail, but also in the magazine world, where the vaunted fall fashion issues are struggling to find messages that are relevant during a pandemic. However, Neiman Marcus , which is becoming an increasingly digital brand as it closes approximately two dozen locations during bankruptcy, has embraced the moment.

Fashion 199

Fashion Promotions Location Consumer 199

Retail TouchPoints

AUGUST 31, 2020

Costco is committing $25 million to an investment fund designed to empower black-led financial institutions and community development efforts. The Local Initiatives Support Corporation (LISC) rolled out the Black Economic Development Fund earlier in the summer and is encouraging companies to make investments designed to improve economic opportunity for Black Americans.

Finance 191

Finance Fulfillment 191

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Management

Retail TouchPoints

AUGUST 31, 2020

Walgreens Boots Alliance. has appointed former Rite Aid CEO John Standley as President of Walgreens , effective immediately. Standley will oversee all Walgreens operations, including the development and growth of the company. Alex Gourlay, who served as Interim President of Walgreens, will return to his role as Co-Chief Operating Officer of Walgreens Boots Alliance.

Fulfillment 149

Fulfillment Returns ATS Store Operations 149

Retail TouchPoints

AUGUST 31, 2020

Costco is committing $25 million to an investment fund designed to empower black-led financial institutions and community development efforts. The Local Initiatives Support Corporation (LISC) rolled out the Black Economic Development Fund earlier in the summer and is encouraging companies to make investments designed to improve economic opportunity for Black Americans.

Finance 149

Finance Store Operations 149