Discount Tire has purchased the retail tire and automotive maintenance operations of Dunn Tire, which provides parts and installations for brakes, lube and oil services, front-end repairs and state vehicle inspections at 25 locations in western and central New York and Pennsylvania. Financial details of the transaction, which closed Sept. 30, 2023, were not disclosed….
Alcohol ecommerce solution DRINKS has sold the Wine Insiders brand, which it acquired in 2014, to the new brand management firm Full Glass Wine Co. Financial details of the transaction were not disclosed. Full Glass was founded earlier this year by alcohol industry veteran Louis Amoroso and entrepreneur Neha Kumar. Amoroso previously served as President of DTC at…
Macy’s Inc. is betting big on going small, with plans to open up to 30 new small-format locations across the country in 2024. The planned expansion is in addition to the nearly 15 small-format stores that the retailer already operates. Macy’s had announced plans in August 2023 to open four small-format stores in the late…
As it marks its 28th year in business, Ebay finds itself in a vastly different world than the one where it started. Back in 1995, “online marketplaces” weren’t a thing, Amazon was still just a bookseller, Google didn’t even exist and the idea of buying most things secondhand was considered tacky rather than trendy. Taken…
By my recollection, the world of flexible fulfillment hit an inflection point about 15 years ago. It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. It was no longer enough to route orders to a handful of…
By: Mike Kunkle (SPARXiQ – VP, Sales Effectiveness Services) In July 2023, I presented a webinar in collaboration with Distribution Strategy Group about “The State of Sales in Wholesale Distribution.” During this presentation, I conducted research to evaluate the sales competencies within wholesale distribution in comparison to other industries. The results were both fascinating and…
Meal kit provider Blue Apron has entered into a definitive agreement to be acquired by Wonder Group, the food delivery and takeout company founded by entrepreneur Marc Lore. 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…
TikTok has debuted a new AI-powered virtual assistant, the TikTok Creative Assistant, to “intelligently collaborate with brands and creators throughout their creative journey on TikTok.” The tool draws on the platform’s database of “creative knowledge” to help brands and creators brainstorm ideas, understand best practices, uncover trends and find inspiration. The new tool is available to…
Destination XL (DXL) has partnered with Untuckit on a capsule collection of its shirts in sizes and lengths never previously offered to cater specifically to big and tall men. The items will be available for purchase only at DXL.com, with select stores offering the styles to try on for fit. Untuckit shirts are currently available…
It’s time to say goodbye to cookies. A full 60% of marketers believe the era of advertising cookies and IDs is coming to an end. And yet there’s a successional gap. Nobody seems to know what to do next. The same survey reports that 41% of marketers aren’t familiar with targeting methods other than third-party…
