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Retailer launches personal stylist service via video
An online retailer that offers upscale men’s suits at ultra-low prices is launching a new service that aims to radically change online shopping.
Combatant Gentleman, a fast-growing startup that Inc. magazine has dubbed “the next Warby Parker,” has added a video chat solution to its website that allows clients to shop alongside a personal stylist. LiveNinja, a video-chat based startup, built a communication platform that allows for the retailer to establish more authentic relationships with customers online.
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Private equity firm to buy 330 Dollar Tree stores
Dollar Tree has agreed to sell 330 of its stores to the private-equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar.
Sycamore Partners intends to operate the 330 stores, which represent approximately $45.5 million of operating income for Family Dollar, under the Dollar Express banner.
