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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

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In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Birkenstock Discusses Potential Sale With CVC Capital Partners. Birkenstock is reportedly in talks for a sale to CVC Capital Partners.

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Auto Sales Race Toward A New Retail Future

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Close the door and buckle up – retail automotive sales are getting an upgrade. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S.

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India’s Retail Battle Attracts Fresh Energy

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One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported. The company was founded in 2016.

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The Buyers: Omnichannel Customer’s Impact On Retailers

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No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

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India’s Nascent Pet Care Industry Gets Its First Online Retailer

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Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. To scale the business, and after getting no venture capital backing, Gorthy decided to go the crowdfunding route to raise the money needed to take Petpal to the next level.

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Ex-Amazon Security Chief Joins Capital One Board

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In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

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Signs Of Life Appearing In Retail

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As regular readers of our weekly bankruptcy tracker can attest, it has been a rough year for much of retail. The monthly retail sales figures are out today — care of the Commerce Department — and the analyst outlook ahead of time is reasonably positive. That drop represents its biggest monthly fall off since January of 2015.

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