RETAIL ECOMMERCE VENTURES


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Bodybuilding.com Forms Partnership with Retail Ecommerce Ventures

Retrieved on: 
Saturday, July 2, 2022

LOS ANGELES, July 1, 2022 /PRNewswire/ -- Bodybuilding.com, the world's largest online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in ecommerce with a rapidly growing roster of well-known brands.

Key Points: 
  • LOS ANGELES, July 1, 2022 /PRNewswire/ -- Bodybuilding.com, the world's largest online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in ecommerce with a rapidly growing roster of well-known brands.
  • REV's all-star team of e-commerce veterans will bring their deep domain expertise into substantial operational roles within Bodybuilding.com and help build upon the company's considerable online footprint.
  • This partnership marks yet another high-profile deal for REV, whose mission is to transform iconic legacy brands into ecommerce success stories.
  • "We are thrilled to welcome Retail Ecommerce Ventures into the Bodybuilding.com family", said Karl Walsh, CEO of Bodybuilding.com.

New Cryptocurrency Swap Platform, RadioShack.org, Nears $40 Mil. in Trading Volume

Retrieved on: 
Wednesday, May 25, 2022

MIAMI, May 25, 2022 /PRNewswire/ -- Total trading volume has reached approximately $40 million in the two months since RadioShack.org went live as a decentralized, startup-friendly cryptocurrency swap, announced RadioShack.

Key Points: 
  • MIAMI, May 25, 2022 /PRNewswire/ -- Total trading volume has reached approximately $40 million in the two months since RadioShack.org went live as a decentralized, startup-friendly cryptocurrency swap, announced RadioShack.
  • The Miami-based REV licensed its RadioShack brand to be usedas a cryptocurrency swap platform.
  • "The launch of RadioShack Swap has been extremely well received, with daily trading volumes averaging anywhere from $500,000 to $2 million," he said.
  • "But in addition to the security benefits that accrue from decentralized, peer-to-peer trading, RadioShack Swap offers additional safety protections.

Retail Ecommerce Ventures Acquires Business & Assets of Ralph & Russo Limited

Retrieved on: 
Thursday, July 1, 2021

Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph & Russo Limited, the UK-based luxury brand specialising in couture, ready-to-wear and luxury goods.

Key Points: 
  • Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph & Russo Limited, the UK-based luxury brand specialising in couture, ready-to-wear and luxury goods.
  • Retail Ecommerce Ventures was the successful party and the deal has now completed.
  • Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai Lopez in 2019.
  • Tai Lopez, Executive Chairman of Retail Ecommerce Ventures commented: Ralph & Russo is a globally celebrated brand with a unique position in the luxury sector and significant brand affinity.

2020 Consumer Trends Drive Performance of Relaunched Pier 1 Imports and Dressbarn E-Commerce Sites on Black Friday/Cyber Monday

Retrieved on: 
Friday, December 4, 2020

"This was the inaugural Black Friday/Cyber Monday for Pier 1 and Dressbarn as Internet-first companies," noted Tai Lopez, Executive Chairman and Cofounder of REV.

Key Points: 
  • "This was the inaugural Black Friday/Cyber Monday for Pier 1 and Dressbarn as Internet-first companies," noted Tai Lopez, Executive Chairman and Cofounder of REV.
  • The latterclassic black pants with built-in tummy controlare a Dressbarn favorite and are still going very strong, Van Dyke said.
  • About 80 percent of purchases at both Dressbarn and Pier 1 occurred on mobile devices over the Black Friday/Cyber Monday period.
  • Founded in 1962, the American home furnishings and accessories brand was acquired in 2020 by incubator Retail Ecommerce Ventures (REV).

Stein Mart Is Latest Brand Added to Retail Ecommerce Ventures' Stable; Site Expected to be Re-Launched in Early 2021

Retrieved on: 
Wednesday, December 2, 2020

REV's new majority-owned subsidiary, Stein Mart Online Inc., submitted the winning bid of $6.02 million at the November 18 court auction, topping other offersincluding the subsidiary's original $4.0 million stalking horse bid.

Key Points: 
  • REV's new majority-owned subsidiary, Stein Mart Online Inc., submitted the winning bid of $6.02 million at the November 18 court auction, topping other offersincluding the subsidiary's original $4.0 million stalking horse bid.
  • The winning bid was officially approved on November 23 by the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division.
  • REV Executive Chairman Tai Lopez said Stein Mart was a pioneer in taking an off-price brick and mortar retail concept online.
  • Retail Ecommerce Ventures(REV) was founded byAlex MehrandTai Lopezin 2019 to renew businesses that have struggled in the age of ecommerce.

Retail Ecommerce Ventures (REV) Acquires RadioShack Brands

Retrieved on: 
Thursday, November 19, 2020

Fresh from their successes at relaunching Pier 1 Imports and Dressbarn into modern e-commerce-focused businesses, Retail Ecommerce Ventures (REV) today announced its purchase of certain iconic RadioShack brands and related assets.

Key Points: 
  • Fresh from their successes at relaunching Pier 1 Imports and Dressbarn into modern e-commerce-focused businesses, Retail Ecommerce Ventures (REV) today announced its purchase of certain iconic RadioShack brands and related assets.
  • The RadioShack brands have resonated with consumers for nearly 100 years, and we are confident RadioShacks relaunch as a cutting-edge ecommerce company will amplify the awareness of this iconic brand internationally, said Alex Mehr, CEO of REV.
  • Our approach builds off the existing strength of extraordinary brands such as RadioShack and supports our mission of transforming these beloved entities into Internet-first companies.
  • Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai Lopez in 2019 as a means for giving life to businesses that have struggled to succeed in the age of ecommerce.

Retail Ecommerce Ventures (REV) Officially Relaunches Pier 1 Imports Online Store

Retrieved on: 
Thursday, October 29, 2020

DALLAS, Oct. 29, 2020 /PRNewswire/ -- Retail Ecommerce Ventures (REV) today officially relaunched Pier1.com , the new customer-centric online store for home furnishings and accessories retailer Pier 1 Imports.

Key Points: 
  • DALLAS, Oct. 29, 2020 /PRNewswire/ -- Retail Ecommerce Ventures (REV) today officially relaunched Pier1.com , the new customer-centric online store for home furnishings and accessories retailer Pier 1 Imports.
  • Bringing a best-in-class ecommerce experience to Pier1.com is another top priority for REV, said Shayan Zadeh, Pier 1 CEO.
  • However, shifting to an ecommerce model also frees Pier 1 of the limitations associated with brick-and-mortar portfolios, Zadeh added.
  • Founded in 1962, the American home furnishings and accessories brand was acquired in 2020 by incubator Retail Ecommerce Ventures (REV).

Dressbarn Partners With Happy Returns To “Restore” In-Person Returns For Shoppers Of The Well-Known Brand

Retrieved on: 
Tuesday, September 15, 2020

Happy Returns powers the returns portal on Dressbarns website and enables Dressbarn shoppers to buy online and drop-off returns in person at Happy Returns nationwide network of physical Return Bars.

Key Points: 
  • Happy Returns powers the returns portal on Dressbarns website and enables Dressbarn shoppers to buy online and drop-off returns in person at Happy Returns nationwide network of physical Return Bars.
  • Due to the ongoing pandemic, Happy Returns announced modifications to its in-person drop-off service in June, which allow businesses like Dressbarn to continue to serve customers while remaining contact-free for returns.
  • View the full release here: https://www.businesswire.com/news/home/20200915005122/en/
    Dressbarn Partners With Happy Returns To Restore In-Person Returns For Shoppers Of The Well-Known Brand (Graphic: Business Wire)
    In terms of user functionality, Dressbarn shoppers receive a QR code to enable box-, label-, and contact-free returns for an immediate refund or exchange.
  • Happy Returns is a natural fit for our ecommerce-first strategy, said Dressbarn CEO, Shayan Zadeh.