Big Lots has struck a deal to keep hundreds of stores from shuttering. The bankrupt discount retailer announced Friday (Dec. 27) that it had agreed to sell itself to Gordon Brothers Retail Partners, a capital markets company that will transfer Big Lots’ stores, distribution centers...
The Nordstrom family now owns the department store chain bearing their name. Erik, Pete and Jamie Nordstrom and other members of their family, along with Mexican retailer Puerto de Liverpool, announced a deal Monday (Dec. 26) to acquire all of Nordstrom’s outstanding common stock. The...
Shipping software ShipStation and Adobe Commerce have teamed to offer retailers global shipping options. The expanded partnership builds on ShipStation’s ongoing collaboration with Adobe Commerce, opening ShipStation’s order management and shipping capabilities to Adobe Commerce retailers, the companies said in a Tuesday (Dec. 10) news...
As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx and UPS extend their surcharge windows this year. Retailers and businesses are struggling with rising costs, as shipping fees have...
July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. The opinion comes almost a week after U.S, District Judge Margo K. Brodie indicated she […]
July 01, 2024
With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS Intelligence report, “Merchants’ Evolving Perspective...
May 15, 2024
Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. That is one key takeaway from “Fraud...
March 01, 2024
Brands invest significant resources in merchandising, often relying on third-party interventions to ensure proper stocking and presentation of products in stores. To accomplish this, brand representatives are deployed to stores...
February 05, 2025
Bed Bath & Beyond’s parent company is staging a blockchain-centric family reunion of sorts. Beyond — which also owns Overstock.com — announced Wednesday (Feb. 5) that it would spend $5 million to acquire Buy Buy Baby, a retailer that had been part of Bed Bath & Beyond’s stable prior to that company’s collapse nearly two […]
December 29, 2024
Big Lots has struck a deal to keep hundreds of stores from shuttering. The bankrupt discount retailer announced Friday (Dec. 27) that it had agreed to sell itself to Gordon...
December 23, 2024
The Nordstrom family now owns the department store chain bearing their name. Erik, Pete and Jamie Nordstrom and other members of their family, along with Mexican retailer Puerto de Liverpool,...
December 10, 2024
Shipping software ShipStation and Adobe Commerce have teamed to offer retailers global shipping options. The expanded partnership builds on ShipStation’s ongoing collaboration with Adobe Commerce, opening ShipStation’s order management and...