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Technology Trailblazer and Santa Clara University Alum Kris Bazán Joins the Retail Management Institute (RMI) Advisory Board of Directors
By
Staff
2 months ago
SANTA CLARA, Calif.–(BUSINESS WIRE)–#Retail–Santa Clara University’s Retail Management Institute (RMI) announces the first appointment in 2021 to its advisory board. Apple Senior Director, Customer Marketing-Global Retail Kris Bazán ’92, ’99 MBA, joins an impressive group of select CEOs, presidents, EVPs, CMOs, CTOs and directors from influential Silicon Valley, San Francisco Bay Area and leading brand companies. The Advisory Board provides insight and perspective to ensure RMI remains a top destination for retail business education.
Retail experts: E-commerce to face hit from holiday refunds
Retail Experts: E-commerce to face hit from online refunds
Retails experts say shoppers are expected to return twice as many items they did during last year s holiday period, a hit to companies who depended on e-commerce during the pandemic. Candese Charles reports
Holiday returns, although not wanted, are common the day after Christmas but this year could be a rough one for many retailers.
While retail experts report a surge in online holiday shopping, they say the holiday gift to businesses comes at a price.
Retails experts suggest that s because shoppers spent their money online this year, triggering what retail management professor, Kirthi Kalyanam, calls Return-ageddon.
Wish falls in IPO debut after raising price for its shares [San Francisco Chronicle]
Dec. 16 Shares of the company behind Wish, an e-commerce app known for selling inexpensive goods from China, fell as much as 12% on its first day of trading.
ContextLogic, which trades as WISH, saw its shares begin trading at $22.75 on the Nasdaq Wednesday, below the price of $24 set on Tuesday. The poor performance threatens to slow down the roaring season for inital public offerings that saw the trading debuts of Airbnb and Doordash soar on the stock exchange.
The company, which is more commonly referred to by the name of its app, raised $1.1 billion by selling 46 million shares. The debut leaves Wish worth billions less than the valuation it sought.
Wish falls 16% in IPO debut after raising price for its shares [San Francisco Chronicle]
Dec. 17 Shares of the company behind Wish, an e-commerce app known for selling inexpensive goods from China, fell 16% on its first day of trading.
ContextLogic, which trades as WISH, saw its shares begin trading at $22.75 on the Nasdaq on Wednesday below the price of $24 set on Tuesday. The stock closed at $20.05. The poor performance threatened to slow down the roaring season for initial public offerings that saw Airbnb and DoorDash soar in their debuts on the stock exchange.
The company, which is more commonly referred to by the name of its app, raised $1.1 billion by selling 46 million shares. The debut leaves Wish worth billions less than the valuation it sought.