The brand messaging platform will put its latest investment toward expanding its product, sales and customer support teams and to opening a new office to service the Europe, Asia and Middle East markets.
A new Morgan Stanley study shows Amazon as a threat to both department stores and specialty retailers, with Amazon's new use of Nike and Lululemon's suppliers for its own private label sportswear a particular concern.
Amazon.com Inc said it would hire 120,000 workers in the United States this holiday season, same as last year, joining a list of U.S. retailers cautious about their hiring plans amid an improving job market.
Consolidated net sales and comparable sales for the footwear retailer both decreased, but the Macy's business increased 5.6%. Finish Line also adds Target Chief Technology Officer Faisal Masud to the Board.