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What does Linens n Things, Dressbarn, Pier 1 Imports and Modell's Sporting Goods have in common beyond their retail downfall? They have all been acquisitions by a little-known investment firm called Retail Ecommerce Ventures (REV) that was founded last year. Maybe that doesn’t seem too odd, but what if I told you REV was run by a former NASA scientist that founded a successful dating app and Tai Lopez or “here in my garage” guy that Vice News called the Internet’s Most Hated Self-Help Guru in 2015.
In this podcast episode, I'll explain what is going on with REV and why this could be important in the retail industry.
4.8
1717 ratings
What does Linens n Things, Dressbarn, Pier 1 Imports and Modell's Sporting Goods have in common beyond their retail downfall? They have all been acquisitions by a little-known investment firm called Retail Ecommerce Ventures (REV) that was founded last year. Maybe that doesn’t seem too odd, but what if I told you REV was run by a former NASA scientist that founded a successful dating app and Tai Lopez or “here in my garage” guy that Vice News called the Internet’s Most Hated Self-Help Guru in 2015.
In this podcast episode, I'll explain what is going on with REV and why this could be important in the retail industry.
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