Digital fraud is a perennial concern for banks, merchants and businesses of all types, with eCommerce retailers expected to lose $20 billion this year alone — an 18% increase over 2020. The surge in online traffic over the past year has provided a veritable feast...
Most weeks the latest and greatest in the race for the consumer’s whole paycheck is the top-line news item for both Amazon and Walmart. What the big play of the week is can vary — as can what part of the consumer ecosystem it is...
Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. 7) in the light of continued losses by its parent company. The Wall Street Journal is reporting that a few dozen are being laid off in the company, which has about 600 employees. “These decisions...
Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the...
July 10, 2017
Contrary to what “People of Walmart” would have you believe, the big-box retailer isn’t just for one demographic of shoppers, and it’s trying to prove that by making a name for itself in the online marketplace world. “It’s a misperception that the Walmart.com shopper is the same as the in-store shopper,” said David Spitz, CEO […]
October 07, 2019
Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. 7) in the light of continued losses by its parent company. The Wall Street Journal is reporting that a few dozen are being laid off in the company, which has about 600 employees. “These decisions are not taken lightly, but we believe they are necessary […]
October 07, 2019
Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old...
August 06, 2019
Walmart is considering selling off Modcloth. “I can confirm that Walmart has received outside interest from buyers for Modcloth,” Silvia Mazzucchelli, Modcloth’s CEO, told Glossy. “We are in the process...
July 03, 2019
Walmart has reportedly talked about selling three brands that it recently acquired to appeal to younger shoppers, all of which are unprofitable, according to Reuters. The retail giant bought Bonobos...
