At a recent industry gathering, retailers talked of how collecting customer data will help them compete in a landscape dominated by the internet. Source: NYT > Business – SAPNA MAHESHWARI
A Stark Divide in America’s Retail Industry Is Coming Into Focus
The current earnings season shows just how sharply the fortunes of the companies that operate the country’s big stores are diverging. Source: NYT > Business – STEPHEN GROCER
With Interest: The Week in Business: Trump’s Money Man Talks, and a New Spacecraft Blasts Off
Plus, Gap breaks up with Old Navy, and artwork that can think for itself. Source: NYT > Business – CHARLOTTE COWLES
Gap Plans to Spin Off Old Navy After a Dismal Year
Old Navy will become its own public company, while Gap will form another public company made up of its namesake label and its other brands like Banana Republic. Source: NYT > Business – SAPNA MAHESHWARI