Here's what our team is reading this week...
App-first company, Chewy was acquired by Petsmart for $3.35 billion in the largest e-commerce acquisition to date (Recode). Walmart’s eyeing up Bonobos for its fourth e-commerce deal in seven months (Glossy, Bloomberg).
Dick’s Sporting Goods plans to cut 20% of vendors and foster its private labels — which includes Calia and its online-only Second Skin high performance gear (Bloomberg).
How do retailers determine pricing? Retailers are constantly testing to see which price makes shoppers buy (The Atlantic).
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