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Direct To Consumer (DTC)

  • Robot army to power new same-day delivery service

    New York -- The founder of the now defunct same-day delivery service Webvan is back — this time with a robot-powered would-be competitor to Amazon Prime, reports ReCode.  

    Louis Borders is developing a $99 shopping club that plans to offer same-day delivery of groceries and other merchandise from participating retailers. But it’s the back-end of the operation that is so interesting.

  • Dropped products affect Conn’s Q2

    The Woodlands, Texas – The decision to stop selling video game products, digital cameras, and certain tablets affected same-store sales at Conn’s Inc. during the second quarter and July fiscal 2016. However, Conn’s still reported total preliminary net retail sales of $325 million during the quarter, up 13% from the prior year period.

  • Second time the charm for Neiman Marcus?

    New York -- The nation’s premier luxury department store company wants to return to the public arena.

    Neiman Marcus Group has filed plans for an initial public offering — for the second time in two years — of $100 million (the sum is a placeholder that doesn’t necessarily reflect the final offering amount.) The company said it would trade under the ticker symbol NMG.

  • Neiman Marcus has big plans after IPO

    Neiman Marcus plans to grow sales by investing in technology, working with new designers and expanding its footprint, according to IPO paperwork the retailer filed with the SEC.

  • Former Goldman Sachs partner to lead Alibaba global growth

    Hangzhou, China – Alibaba Holding Group Inc. is tapping a former longtime partner at Goldman Sachs to oversee the online giant’s international growth.

    Michael Evans, who is also a member of the Alibaba board, has been named president of Alibaba Group, effective immediately.

  • Now Trending: Designs of the Times

    “Now Trending” is a new exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

    In recent years, a very old practice has gotten some new attention: design is once again ascendant in the world of commercial development.

    While design never went away, of course, the degree to which great design is being prioritized, cultivated and integrated into the development of memorable spaces and places is noteworthy.

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