Conn’s has reached a settlement with the Securities and Exchange Commission. The settlement arises from the previously disclosed SEC investigation commenced in November 2014 into the company’s underwriting policies and bad debt provisions from July 31, 2012, to July 31, 2014.
Target has named Hari Govind svp/infrastructure and operations for the company’s technology team.
Weeks after settling litigation related to a purchase deal, Rent-A-Center has entered into a definitive agreement to acquire substantially all of the assets of C/C Financial Corp., which does business as Merchants Preferred, a nationwide provider of virtual rent-to-own services.
According to a study from marketing technology and analytics agency Adlucent, consumers planning to take advantage of Amazon Prime Day remain enthusiastic about the e-tailer. But the shopping doesn’t stop there, as approximately 68% of consumers will explore beyond Amazon, comparing products and prices on other sites.
Uniek Living has introduced the Zuperzozial line of biodegradeable kitchenware in the U.S. The Danish line includes durable products that are made of biodegradeable bamboo and corn, and reinforced with melamine resin.
Williams Sonoma is kicking off a new collaboration with American design house Schumacher. The new collection will feature 45 products from both Williams Sonoma and Williams Sonoma Home ranging from tabletop and entertaining pieces to upholstered furniture, bedding, and home décor.
Kroger and Ocado plan to build a new high-tech customer fulfillment center (CFC) in Forest Park, Georgia, a $55 million investment that will create more than 400 new jobs.