Today’s Top Talk

1. 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.
2. 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.
3. 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