- The 117-year-old retailer, J.C. Penney, launches its one-of-a-kind brand-defining store in Hurst, Texas, as a direct result of customer insights. Report released by J.C. Penney Company, Inc. Holding Company.
- b8ta, best known for its tech stores and “retail-as-a-service” concept that allows brands to easily access brick-and-mortar, closed $50 million in Series C equity funding, led by Evolution Ventures as a new investor, alongside participation from existing investors including Macy’s, Khosla Ventures, Peak State Ventures and others. Story by Marianne Wilson.
- Too many stores, fierce competition and ebbing apparel sales are just the beginning. 6 numbers that explain the fate of department stores. Reporting from Daphne Howland.
Source: JCPenney Unveils Reimagined Penney’s Store to Inspire and Connect with Customers | Globals News Wire
Source: b8ta secures new funding as it keeps expanding its offerings | CSA
Source: 6 numbers that explain the fate of department stores | Retail Dive
