Russia-based eCommerce company Ozon, often compared to Amazon, is preparing to file for an initial public offering (IPO) in the U.S., according to The Wall Street Journal (WSJ). That’s slated to happen either later this year or early in 2021, according to sources familiar with...
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer said it filed voluntary petitions in the United States Bankruptcy Court for the...
Following the closure of its retail locations due to the pandemic, Tuesday Morning Corp. is reportedly gearing up to file for bankruptcy. The Texas-based company was founded in 1974 and has approximately 700 retail locations throughout the country, The Wall Street Journal reported. Tuesday Morning is running...
Retailing giant Walmart announced Tuesday (April 16) a partnership with KIDBOX to offer Walmart.com customers an exclusive, curated stylebox for kids. In a press release, Walmart said customers also have the option to receive curated clothing each season without having to pay a styling fee....
July 25, 2017
Can bricks-and-mortar survive the eCommerce onslaught? In an interview with PYMNTS’ Karen Webster, Dave Barrowman, who serves as Vice President of Innovation at Skava, said that in the physical retail space, the death of physical retail remains greatly exaggerated. With some ingenuity and attention to the value proposition of the tangible retail experience, he told […]
June 20, 2017
There’s no question about it — today’s retail landscape is undergoing a digital revolution. With the online world enabling individuals to more easily start their own businesses, we’ve seen the likes...
October 01, 2020
Russia-based eCommerce company Ozon, often compared to Amazon, is preparing to file for an initial public offering (IPO) in the U.S., according to The Wall Street Journal (WSJ). That’s slated to happen either later this year or early in 2021, according to sources familiar with the matter quoted by WSJ. The company, which could be […]
May 27, 2020
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.”...
May 26, 2020
Following the closure of its retail locations due to the pandemic, Tuesday Morning Corp. is reportedly gearing up to file for bankruptcy. The Texas-based company was founded in 1974 and has...
April 16, 2019
Retailing giant Walmart announced Tuesday (April 16) a partnership with KIDBOX to offer Walmart.com customers an exclusive, curated stylebox for kids. In a press release, Walmart said customers also have...