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UK Agencies Paint Stark Reality For Retail

PYMNTS

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. These are extraordinary times for the retail sector. retailers are not ready for digital transformation.

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Eddie Bauer And Pacific Sunwear Combined In New Operating Company

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After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Golden Gate acquired Eddie Bauer out of bankruptcy protection in 2009 with a cash bid of $286 million.

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Why Rent The Runway Wants To Become The Amazon Prime Of Retail

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A decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. We were kind of the original disruption in the fashion retail space, as it brought the concept of sharing a closet to the forefront in 2009.

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What’s The Future For NBA-Related Retail In China?

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“Tencent has been the digital media partner of the NBA in China since 2009. These moves come amid a push by China to encourage more cross-border commerce and retail. Earlier this month, Alibaba announced a deal to buy NetEase’s cross-border retail platform Kaola for $2 billion. China’s Commerce Push. Alibaba Changes.

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JCPenney Seeks Court Order To Keep Sephora In Stores

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To stop Sephora from departing its retail locations that are in the process of reopening, JCPenney has filed a temporary restraining order against the beauty firm. JCPenney and Sephora have shared a joint enterprise operating agreement as of the beginning of February 2009, CNBC reported, citing an April court filing.

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Data Enablers: Apparel Retailers Dress For Success With EDITED Analytics

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The right product at the right price and the right time: that’s the retail recipe, and EDITED is providing real-time analytics to help apparel retailers worldwide cook up success. For retailers to succeed today, data is essential to guide their decision-making and compete on the global stage.”. “For

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When Retail Fraud Is An Inside Job

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When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. In a story posted yesterday (Feb.

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