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Body Shop Canada Follows UK Division into Bankruptcy; U.S. Division Ceases Operations

Retail TouchPoints

Additionally, The Body Shop US Limited has “ceased operations” as of March 1, 2024, according to a press release. million by Aurelius Group in November 2023. The Body Shop Canada has ceased online sales, and while its stores remain open, the company plans to close 33 of its 105 locations across the country in the near term.

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Alibaba Cancels Cloud Group Spinoff, Blames U.S. Chip Export Restrictions

Retail TouchPoints

Alibaba Group has nixed plans to spin off its Cloud Intelligence Group as a separate company, citing recently expanded U.S. Alibaba had announced its plans to divide the company into six operating groups in March 2023. Alibaba had announced its plans to divide the company into six operating groups in March 2023. “We

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Adobe Journey Optimizer – B2B Edition Makes Buying Group Adoption Easier

Forrester eCommerce

Adobe has announced the Adobe Journey Optimizer - B2B Edition, which allows B2B marketers to create buying groups and orchestrate journeys for buying groups at scale. This new functionality helps B2B organizations align with sales, target buyer roles more effectively, and measure marketing’s impact on revenue.

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Ingka Group’s Ikea Stores to Adopt Fulfillment and Store Operations Solution

Retail TouchPoints

Inkga Group, owner and operator of 482 Ikea stores and ecommerce in 31 countries, will adopt a solution from Made4net to power fulfillment centers and store operations worldwide. The deployment follows the purchase of Made4net by Ingka Investments , the group’s investment arm.

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Sycamore Completes $1 Billion Chico’s Acquisition, Adds Brands to KnitWell Group

Retail TouchPoints

The Chico’s , White House Black Market and Soma brands will now join the KnitWell Group , a holding company Sycamore Partners created for the Ann Taylor , Loft and Talbots brands in September 2023. With the addition of the Chico’s brands, KnitWell generates approximately $6 billion in annual sales.

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Groove Commerce Partners with Databox To Launch Exclusive BigCommerce Performance eCommerce Benchmark Group

Groove

That's exactly why we've partnered with Databox to establish public BigCommerce Performance eCommerce Benchmark groups. Join The BigCommerce Benchmark Group How Do I Join The BigCommerce Performance eCommerce Benchmark Group? Join The BigCommerce Benchmark Group What Is a BigCommerce Benchmark Group?

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Casey’s Buys 63 C-Stores from EG Group

Retail TouchPoints

Casey’s General Stores will purchase 63 convenience stores from EG America, a subsidiary of the UK-based EG Group. The stores, in Kentucky and Tennessee, currently operate under the Minit Mart and Certified Oil banners. For EG Group, this divestment also represents another important step in executing our deleveraging strategy.”