Macy's Q4 tops expectations but digital transformation lags peers; Goodyear-Cooper Tire tie-up points to a coming auto service fight vs. Walmart; Finesse uses 3D imagery and AI to beat legacy fashion houses on cost and sustainability
| TOP STORIES | | February 23, 2021 |
| | | EARNINGS | | Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers | | Macy’s reported Q4 and FY results Tuesday that were led by a 21 percent increase in digital sales and rising delivery costs, while forecasting that its eCommerce business would hit $10 billion by 2023. | | |
| | | M&A | | Goodyear-Cooper Tire Merger Heats Up Competition Among Auto Service Chains | | | | | APPAREL INDUSTRY INNOVATION | | Finesse Says ‘FashionTech’ Will Disrupt Apparel Industry The Way FinTech Roiled Banks | | |
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