4 Big Things to Know About Amazon Prime Day This Year Samantha McDonald
Amazon Prime Day is returning for another year.
The annual shopping extravaganza, which launched six years ago, has historically brought about major discounts and markdowns on merchandise from brand names like Adidas, Calvin Klein, Levi’s, Superga and Under Armour.
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When is Prime Day?
Since debuting in 2015, Prime Day has occurred in July. However, last year, as the COVID-19 health crisis took hold, the e-commerce behemoth delayed the event until October. It marked the first time Prime Day took place in the company’s fourth quarter, which also includes two of the year’s biggest shopping days, Black Friday and Cyber Monday, as well as served as the unofficial kickoff to the holiday shopping season. (Big-box rivals Walmart and Target also launched their respective Big Save and Deal Days events to compete.)
Rittich s Cinderella story starts new chapter after trade to Maple Leafs
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Breathing New Life into Retail’s Gift Cards Playbook
March 2, 2021
For retailers, 2020 was a year when best-laid plans went astray. The pandemic forced executives to re-scope strategies on the fly. Some saw the crisis as a chance to reinvent their business completely. Others accelerated digital transformation efforts as commerce moved inexorably online. Everyone looked for the best ways to serve customers in an unprecedented time, with stalwart favorites like gift cards receiving new focus.
In 2021, retailers are being challenged to maintain strong customer relationships and are increasingly looking to payment interactions as opportunities to promote their brand while maximizing engagement. Here’s where the gift card will continue to prove its worth. Today’s leading retailers are using gift cards – their own unique merchant-issued branded currency – as a means of engaging customers, driving sales and positively impacting the bottom line.
The Gelson s market at Westfield Century City in Los Angeles, California.
Japanese retailer Pan Pacific International Holdings (PPIH) has entered into a definitive agreement to acquire Gelson’s Markets, signaling a possible period of accelerating growth for the upscale California grocery chain.
The deal is expected to close in the second quarter of 2021.
Gelson’s, which operates 27 stores and was founded in Burbank, California, in 1951, was acquired by private equity firm TPG Capital in 2014.
The grocer, which will celebrate its 70th anniversary in July, added 10 locations while owned by TPG, expanding its footprint from Santa Barbara to San Diego. Gelson s Markets are known for offering premium assortments of both fresh and dry grocery, as well as upscale service and e-commerce offerings.
PRESS RELEASE: Encino, Calif. (February 23, 2021) – Gelson’s Markets BB #:113119, a premier Southern California-based supermarket chain, today announced that Pan Pacific International Holdings (TSE1:7532) (PPIH) and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into a definitive agreement pursuant to which PPIH will acquire Gelson’s from TPG Capital.
The deal is expected to close in the second quarter of 2021 and is subject to customary closing conditions.
“We have long appreciated TPG’s understanding of the Gelson’s brand and its strong support over the past seven years, from financing newly built and acquired stores to investing in our Santa Fe Springs distribution center,” said Rob McDougall, President and CEO of Gelson’s. “As we look to the future, we are excited about opportunities for new growth and partnerships under PPIH, while remaining focused on our longtime commitment to the highest standards of quality, va
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