Remove business-news mergers-acquisitions
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Blue Apron Acquired by Marc Lore’s Wonder Group for $103 Million

Retail TouchPoints

Under the terms of the merger agreement, Blue Apron stockholders will receive $13 in cash per share of Class A common stock through a tender offer, an equity value of approximately $103 million. The terms of the acquisition were unanimously approved by Blue Apron’s Board of Directors. The company reported a net revenue decrease of 14.5%

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Report: Fanatics’ Latest $1.5 Billion Investment Round Led by $320 Million from NFL

Retail TouchPoints

“This investment not only reflects our experience having worked with Michael [Rubin] and the team at Fanatics for a number of years but our belief that the company is building a business that is new, unique and valuable,” Brian Rolapp, Chief Media and Business Officer for the NFL told CNBC.

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Distribution and Wholesale Seek Retail Skillset to Gain Competitive Edge

365 Retail

Providing excellent customer service, whether you’re working within a B2B or B2C focussed industry remains paramount for successful business growth and retention. Georgia Hartley-Brewer, Senior Consultant at people advisory business New Street Consulting Group examines the reasoning behind this upwards industry trend.

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7 Questions Every Retailer Should be Asking Itself About Ecommerce and Shopper Loyalty

Retail TouchPoints

The collection, preparation and use of data in retail is a “core business.” Can I achieve on- and off-platform data monetization that enables my business to grow share of trade and advertising dollars based on measurable impact on conversion? Do I have a strategy that will stay compliant with the changing privacy laws like the CCPA?

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Secret Sales Enhances Leadership Team with Appointment of New Chief Digital Officer

365 Retail

The exciting new leadership expansion marks a new chapter of growth for the business as it aggressively accelerates its European expansion strategy. The particularly intriguing aspect lies in the ambitious yet attainable international expansion plan for the business, in which the new executive positions play a pivotal role.”

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New 2021 VAT Rules Will Simplify Filing, but Complicate Calculation

Retail TouchPoints

In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. While these news rules originated in the EU (with similar concepts in the UK, Norway and Switzerland), they are crucial for U.S. retailers should be thinking now about how those changes will affect their businesses.

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JD Sports expects bumper profits rebound as restrictions ease

365 Retail

It comes after the group proved resilient during the pandemic thanks to a successful shift to online trading and a raft of acquisitions in the UK and abroad. JD Sports has been expanding rapidly in the US through acquisition, recently snapping up Shoe Palace following a deal to buy the Finish Line shoe-store chain in 2018.