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Lowe’s Sells Canadian Business to Sycamore Partners for $400 Million

Retail TouchPoints

Lowe’s has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners for $400 million in cash plus a performance-based deferred consideration. We remain confident in our short- and long-term outlook for the U.S. We remain confident in our short- and long-term outlook for the U.S.

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Reports: Alibaba Planning to Launch ChatGPT-Like Chatbot for Business Partners

Retail TouchPoints

Alibaba is reportedly looking for partner companies to test its Tongyi Qianwen AI chatbot, according to Reuters. Alibaba has not responded to media requests for comment, though a person familiar with the matter told Reuters the chatbot is a large language model (LLM) targeted at business users.

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Unlocking The True Business Opportunity For Modern Tech Partners

Forrester eCommerce

The business opportunity for channel partners is larger than most vendors realize. Transform a linear transaction into exponential growth.

Channel 195
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Report: New Stakeholder Jana Partners Pushes Macy’s to Split Off Ecommerce Business

Retail TouchPoints

Activist investor Jana Partners has taken an undisclosed stake in Macy’s and is prodding the department store chain to separate its ecommerce business from its brick-and-mortar operations. The Wall Street Journal reported that Jana Partners sent a letter to the Macy’s board urging it to split off its fast-growing, nearly $8.5

eCommerce 256
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For Channel Partners, If It Makes Dollars, It Makes Sense: Using TEI To Build The Business Case For Your Channel Program

Forrester eCommerce

A Forrester channel TEI study highlights the economic metrics and the business advantages to choosing to work with that partner. These studies can explain and break down the economics and the outcomes of a partnership investment in real-dollar terms partners understand — not just gold, silver, and bronze.

Channel 195
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iwocaPay Partners with Shopify to Provide ‘Pay Later’ Trade Credit Solutions for Businesses

365 Retail

iwoca , one of Europe’s largest small business lenders, today announces the integration of its B2B payment solution iwocaPay with leading commerce platform, Shopify. By removing cash flow barriers for SMEs, iwocaPay aims to boost business growth.

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Evermile and Uber Direct partner to deliver for local businesses

TalkingRetail

Evermile, the delivery platform built for local businesses, has announced a strategic partnership with Uber’s white-label delivery solution, Uber Direct. This story continues at Evermile and Uber Direct partner to deliver for local businesses Or just read more coverage at Talking Retail