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Brands Go Direct To Consumer Online: Now What?

PYMNTS

Bringing a brand directly to consumers over digital channels was an option to consider in the pre-pandemic world — but the question for brands today in our radically digitized world is not if, but when, according to sticky.io Chief Operating Officer Ro Bhatia. Reimagining How Brands Relate To Consumers.

Branding 230
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Capital One To Focus On Digital, Close 37 Locations

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Capital One is going to increase its focus on digitization and close 37 branches around the U.S., Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “Our Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We

Capital 209
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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale

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Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. In addition, the retailer said new Authentic Brands Group LLC subsidiary ABG-Lucky LLC will buy all of its intellectual property assets.

Branding 136
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

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Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. ” Designer Brands said it has successfully opened roughly 90 percent of its overall store base, and it foresees having almost all of its North American locations open by the conclusion of June.

Branding 141
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PayPal Invests $11M In Online Return Service

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PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.”

Online 164
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Auto1 Online Car Marketplace Plans To Go Public

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Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Revenue grew by 21 percent to reach 3.5 billion euros in 2019.

Online 131
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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Bed Bath & Beyond Inc.

Branding 131