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Macy’s running out of tricks, will sell/develop air rights to build office tower above NYC store. Link
Macy’s Story didn’t work, management cuts taking place and 125 stores are closing. Haven’t we heard this story before? Time to rip the bandaid. Link
Is Macy’s too Macy’s? Link
Here comes higher merchant fees specifically for eCommerce. Link
Stein Mart to go private. Going private doesn’t hid the structural issues most retailers are facing. Too many stores and lower than industry growth rate in eCommerce. Link
Amazon to double down on 4 Star stores. Link
Competition for Amazon Flex drivers is fierce. Link
Forever 21 sells. Link
Instagram is larger than YouTube and makes up 25% of Facebook revenues. Link
Sleepless IPO from Casper. Link
30% of US adults have said they have used a dating site or app. Link
The fight for the cloud (Link), image below.