Online Retail

Build-A-Bear Workshop, Inc. Provides Third Quarter Fiscal 2020 Business Update Reflecting Recent Positive Trends

Tuesday, October 27, 2020 - 10:45am

Build-A-Bear Workshop, Inc. (NYSE: BBW) today issued an update to its business expectations for its fiscal 2020 third quarter, the 13-weeks ending October 31, 2020, in conjunction with anticipated investor meetings.

Key Points: 
  • Build-A-Bear Workshop, Inc. (NYSE: BBW) today issued an update to its business expectations for its fiscal 2020 third quarter, the 13-weeks ending October 31, 2020, in conjunction with anticipated investor meetings.
  • On a preliminary basis, the Company expects EBIT in the fiscal 2020 third quarter to be in the range of break-even to a loss of $1.5 million.
  • Inventory at the end of the quarter is expected to be 25% to 30% lower than at the end of the Companys fiscal 2019 third quarter.
  • The Company expects to report its final fiscal 2020 third quarter results in early December.

Boom Commerce Completes Strategic Investment in POS Technology Leader Ovvi

Tuesday, October 27, 2020 - 10:00am

Boom Commerce, leading provider of electronic payment processing products and services, has announced a strategic investment in top point-of-sale (POS) technology company, Ovvi (formerly POSsible POS).

Key Points: 
  • Boom Commerce, leading provider of electronic payment processing products and services, has announced a strategic investment in top point-of-sale (POS) technology company, Ovvi (formerly POSsible POS).
  • The partnership deepens Booms position as a leader in the integrated payments space and provides Boom and its distribution partners with an enhanced POS technology product suite to offer merchants and tools to significantly reduce POS costs by decreasing reliance on third-party POS providers.
  • Boom Commerce is a payment processing technology and service provider headquartered in Portland, Oregon, with additional offices spread across the country.
  • Ovvi is a point-of-sale (POS) technology and payments company headquartered in Stafford, Texas, with a regional sales office in Newport Beach, California.

Perfect Corp. and Paragon Technology and Innovation Bring AR Virtual Makeup Try-On Experience to Indonesian Beauty Shoppers

Tuesday, October 27, 2020 - 3:00am

Perfect Corp ., the leading AI + AR beauty tech solutions provider, partners with Paragon Technology and Innovation, one of the fastest growing beauty companies in Indonesia, to provide AR virtual makeup try-on experience in online stores of the companys four prominent makeup brands.

Key Points: 
  • Perfect Corp ., the leading AI + AR beauty tech solutions provider, partners with Paragon Technology and Innovation, one of the fastest growing beauty companies in Indonesia, to provide AR virtual makeup try-on experience in online stores of the companys four prominent makeup brands.
  • AR virtual makeup try-on experience is available for desktop, tablet, and mobile browsers, on any camera-enabled device.
  • View the full release here: https://www.businesswire.com/news/home/20201026005474/en/
    Perfect Corp. and Paragon Technology and Innovation bring AR virtual makeup try-on experience to Indonesian beauty shoppers (Graphic: Business Wire)
    AR+AI beauty technology has the potential to transform and completely reimagine customer experience, said Perfect Corp. CEO and founder, Alice Chang.
  • Paragon Technology and Innovation (Paragon) is an Indonesian beauty company that produces makeup, face care, skin care, hair care, and personal care.

1847 Goedeker Inc. Announces Definitive Agreement for the Acquisition of 100% Ownership in Appliances Connection, a Leading Online Retailer of Household Appliances with Projected 2020 Revenue of $300M

Monday, October 26, 2020 - 8:45pm

Doug Moore, CEO of 1847 Goedeker stated: I am thrilled that we have reached a Definitive Agreement to acquire Appliances Connection, a 20-year-old company with a sterling reputation and strong management.

Key Points: 
  • Doug Moore, CEO of 1847 Goedeker stated: I am thrilled that we have reached a Definitive Agreement to acquire Appliances Connection, a 20-year-old company with a sterling reputation and strong management.
  • We are addressing a $21B US household appliance market growing at 13.7% CAGR (expected to reach $40B by 2025).
  • As I have stated publicly, my vision is to become the most profitable online retailer of appliances in the U.S.
  • This acquisition catapults us into becoming the fastest growing online appliance retailer in the U.S. today.

National Vision Appoints Susan Somersille Johnson to Board of Directors

Monday, October 26, 2020 - 8:30pm

National Vision Holdings, Inc. (NASDAQ: EYE), one of the nations largest optical retailers providing quality, affordable eye care and eyewear, today announced the appointment of Susan Somersille Johnson, chief marketing officer (CMO) at Prudential Financial, Inc., to its Board of Directors, effective today.

Key Points: 
  • National Vision Holdings, Inc. (NASDAQ: EYE), one of the nations largest optical retailers providing quality, affordable eye care and eyewear, today announced the appointment of Susan Somersille Johnson, chief marketing officer (CMO) at Prudential Financial, Inc., to its Board of Directors, effective today.
  • With Johnsons addition, National Visions Board now consists of eight Directors, evenly divided between female and male members, which highlights the Boards ongoing commitment to diversity.
  • View the full release here: https://www.businesswire.com/news/home/20201026005612/en/
    National Vision Appoints Susan Somersille Johnson to Board of Directors (Photo: Business Wire)
    We are pleased to welcome Susan to our Board and greatly appreciate her willingness to serve, said Reade Fahs, CEO at National Vision.
  • Susan is a highly-skilled marketing and branding professional, who brings strategic business insights marketing analytics, customer experience, and mission orientation to our Board.

Superstrata Store Opens for Custom 3D-Printed Carbon Fiber Bikes

Monday, October 26, 2020 - 5:25pm

Superstrata , a Silicon Valley-based bicycle brand, known for its 3D-printed carbon fiber bicycles and e-bicycles, is officially launching their products after a successful crowdfunding campaign that attracted nearly 5000 backers.

Key Points: 
  • Superstrata , a Silicon Valley-based bicycle brand, known for its 3D-printed carbon fiber bicycles and e-bicycles, is officially launching their products after a successful crowdfunding campaign that attracted nearly 5000 backers.
  • Superstratas custom 3D-printed unibody thermoplastic carbon fiber composite bicycles and e-bicycles are now available for order on its online store featuring the Superstrata Studio , a made-to-order configurator platform.
  • It allows buyers to input their measurements, riding styles and preferences, desired color/design, and component level to configure their own personalized bicycles.
  • Arevo, an advanced manufacturing company, provides the foundational technology, high speed composite additive manufacturing, which makes the production at scale of the Superstrata possible.

Stars of The Mandalorian Kick Off Mando Mondays – the All-new Global Consumer Products Program Inspired by the Hit Lucasfilm Series “The Mandalorian” on Disney+

Monday, October 26, 2020 - 5:30pm

Mando Mondays is an all-new global consumer products, games and publishing program that will debut new goods inspired by the Disney+ program every Monday from now until December 21.

Key Points: 
  • Mando Mondays is an all-new global consumer products, games and publishing program that will debut new goods inspired by the Disney+ program every Monday from now until December 21.
  • Plus, today a new line of skateboards, accessories and apparel inspired by The Mandalorian are available now from Element.
  • Todays global digital event celebrates the first of many Mando Mondays to come, said Paul Southern, Senior Vice President, Licensing and Franchise, Lucasfilm.
  • Lucasfilm Ltd., a wholly-owned subsidiary of The Walt Disney Company, is a global leader in film, television and digital entertainment.

American Express and Uber Expand Partnership to Introduce New Offerings for Platinum, Gold & Green Card Members

Monday, October 26, 2020 - 4:03pm

American Express (NYSE: AXP) and Uber today announced an exclusive new offer for U.S. Consumer Platinum, Gold and Green Card Members and an Uber Cash benefit for Gold Card Members to bring their next at-home dining experience right to their doorstep and support the local restaurants in their communities.

Key Points: 
  • American Express (NYSE: AXP) and Uber today announced an exclusive new offer for U.S. Consumer Platinum, Gold and Green Card Members and an Uber Cash benefit for Gold Card Members to bring their next at-home dining experience right to their doorstep and support the local restaurants in their communities.
  • View the full release here: https://www.businesswire.com/news/home/20201026005671/en/
    American Express and Uber Expand Partnership to Introduce New Offerings for Platinum, Gold & Green Card Members (Photo: Business Wire)
    More than 50% of consumers share that they have been ordering take out or food delivery more often than before the start of the pandemic*.
  • Thats why American Express and Uber have once again teamed up to introduce an exclusive offer and benefit for Card Members looking to bring the restaurant experience home:
    Starting today, U.S. Consumer Platinum, Gold and Green Card Members have access to a complimentary Eats Pass Membership for up to 12 months.
  • Starting early next year, The American Express Gold Card will provide Card Members with up to $120 annually ($10/month) in Uber Cash which can be used on Uber Eats orders or Uber rides in the U.S.

Gillette® Global Survey Reveals Men Are More Focused on Sustainability as Result of COVID-19

Monday, October 26, 2020 - 2:08pm

Gillette (NYSE: PG) today released new data revealing that most men globally (59%) are more supportive of sustainability efforts as a result of COVID-19.

Key Points: 
  • Gillette (NYSE: PG) today released new data revealing that most men globally (59%) are more supportive of sustainability efforts as a result of COVID-19.
  • View the full release here: https://www.businesswire.com/news/home/20201026005619/en/
    New data from Gillette reveals that this unprecedented time has deepened men's focus on preserving the planet more than ever.
  • Its clear that men are committed to advancing environmental sustainability for the long-term good of the planet and people, said Dolfini.
  • A global, online survey of 5,504 men aged 18 to 50 was conducted through research firm Lucid between May 25 and June 10, 2020.

SkinnyDipped Launches New Line of Thinly Dipped Peanuts

Monday, October 26, 2020 - 3:04pm

SkinnyDipped , creator of insanely delicious snacks, today announced the launch of a line of thinly-dipped peanuts.

Key Points: 
  • SkinnyDipped , creator of insanely delicious snacks, today announced the launch of a line of thinly-dipped peanuts.
  • SkinnyDipped Peanuts will be available in two nostalgic and spontaneously snackable flavors, Milk Chocolate and PB & J.
  • Both varieties in the new line utilize premium crunchy Virginia peanuts cultivated from an accredited family farm in Virginia.
  • All SkinnyDipped products, including Milk Chocolate Peanuts and PB & J Peanuts, are sold in 3.5oz pouches for an SRP of $4.99.