U.S. bankruptcy court approves sale of J.C. Penney
JC Penney Simon Property and Brookfield, and J.C. Penney’s main creditors will become its new owners as it emerges from bankruptcy by Thanksgiving. JC Penny filed for Chapter 11 in bankruptcy More...
Retailers Face Mass Extinction in Pandemic Fallout
While overall retail sales in the United States have rebounded relatively quickly following an unprecedented dip due to the COVID-19 pandemic, some retail categories are still trailing 2019 sales levels by a More...
Israeli Startup Trax Raising Funds at $1.1 Billion Value
Israeli startup Trax Retail, which has developed inventory management technology, is currently completing a $100 million financing round at a value of $1.1 billion, before money, Bloomberg reported. The company More...
Retailers Lose Billions to Theft, Fraud and Human Error
It isn’t easy to be a brick-and-mortar retailer these days. Aside from the obvious problem of having to compete with thousands of online retailers, you also must deal with shoplifters, dishonest employees More...
JD.com, Asos, Uniqlo and Ebay seek retail innovation technology in Israel
Senior executives from major retail companies such as Asos, eBay, Uniqlo, JD.com, Myntra and Express were among several international retailers that visited Israel last week to explore new technology innovation More...
Israeli startup for gifting solutions Jifiti widens partnership with MasterCard
Israeli startup for gifting solutions Jifiti is widening its partnership with the credit giant MasterCard. The new agreement makes the fintech company a central link in the consumer financing gifts that made More...
BestBuy.com: Well-rooted in the online electronics market, Report
Looking back at a 51-year history, Best Buy Co., Inc. has lived through the digital revolution right from its beginnings, steadily making their mark as a top retailer of affordable multimedia gadgets. More...
No Levi’s Runway Show in Tehran, Iranian Police Decide
Iranian police cancelled a fashion show scheduled to mark the opening of a Levi’s store in a Tehran mall on Wednesday. A “last-minute police intervention” took place just before male models were More...
Bed Bath & Beyond’s Six Technology Investment Strategies
Bed Bath & Beyond Inc. outlined several areas of investment, from analytics and merchandising to supply chain and a new POS system, after reporting fourth quarter 2015 net sales of approximately $3.4 More...
Israeli Startup use cellphones to get smart about customers
Shopping has to be all about the experience, whether shoppers want to buy online or in an actual store. For e-commerce sites, Google Analytics and similar programs can help online retailers tailor More...