News

Retail
Today In Retail: thredUP, LG Team On Closet Clean Outs; Walmart Collaborates With Tween Brand...
July 15, 2021

In today’s top retail news, thredUP will fuel a clothing clean out effort on behalf of LG home appliances, while Walmart is growing its fashion assortment by working with tween brand Justice. Plus, Eddie Bauer is launching a new gear and apparel rental program. Get...

Partnerships / Acquisitions
NortonLifeLock Looks To Acquire Cybersecurity Firm Avast
July 15, 2021

NortonLifeLock is working on a deal to acquire Prague cybersecurity software firm Avast, which trades on the London Stock Exchange, The Wall Street Journal reported on Wednesday (July 14). Based in Arizona, NortonLifeLock has until Aug. 11 to formally announce its bid intentions. Get the Full Story...

Security & Fraud
White House Ransomware Task Force Tries To Stem The Tide Of Attacks
July 15, 2021

Nothing is off the table now in the fight against cybercrime and those related to ransomware. Not only are there rewards for tips on who’s behind the attacks, but a new task force put in place by the White House could even turn the tables...

International
China’s Economy Shows Mixed Second-Quarter Momentum
July 15, 2021

Amid rising commodity prices and supply chain disruptions, the economy in China saw a slowdown from April through June from its accelerated pace between January and March of this year, according to a government press release on Thursday (July 15).  Get the Full Story Complete...

Retail
Walmart Grows Fashion Assortment By Teaming With Tween Brand Justice
July 15, 2021

In an ongoing effort to revitalize its apparel business, Walmart said on Thursday (July 15) that it will add the popular Justice brand line of kids’ clothing and accessories to roughly half of its U.S. stores and its website. Get the Full Story Complete the...

Retail
Eddie Bauer Launches Outdoor Apparel And Gear Rental Program
July 15, 2021

The 100-year-old iconic sportswear retailer Eddie Bauer said it is launching a new gear and apparel rental program as a way to give customers the confidence and equipment they need to embrace the growing trend toward outdoor activities. Get the Full Story Complete the form...

Retail
David’s Bridal Loyalty Program Tops 500K Amidst Rebound In Weddings
July 15, 2021

When David’s Bridal started its inaugural loyalty program in December, it was the end of a tough year for the wedding industry. Countless brides had to downsize or postpone their nuptials because of COVID-19, and some retailers were left wondering when the market would return....

Retail
thredUP, LG Aim To Help Consumers Clean Out Their Closets With Collab
July 15, 2021

Apparel resale platform thredUP will fuel a clothing clean out program on behalf of LG home appliances by way of thredUP’s Resale-as-a-Service (RaaS), according to a Thursday (July 15) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Collaborators Boost Payment Rails’ Cross-Border Capabilities
July 15, 2021

To accelerate and streamline cross-border payments, creating new global infrastructure from scratch isn’t always the most feasible option. This week’s Payment Rail Innovators look to strengthen the rails that do exist, including ACH and Swift, through enhanced onboarding, security, and industry collaboration. Get the Full...