Let's see the bling... After weeks of flirting, LVMH reached a deal to acquire Tiffany for over $16B — the biggest luxury acquisition ever. The couple has chemistry: LVMH owns Bulgari, Dior, Dom Pérignon, and other ultra-luxury everything, but its luxe lineup is missing out on one of the top luxury segments last year: Jewelry. Meanwhile, Tiffany is searching for itself as it loses touch with Millennial shoppers ($9,270 for "Silver Yarn" doesn't help). Classy match.
Shipping nirvana... Target achieved it. Shares jumped 15% after the department store's 31% rise in online sales last quarter, but here's what fascinated us: 80% of that growth was from same-day delivery/pickup. Even wilder, same-day delivery squeezes Walmart's and Amazon's profits hard, but same-day delivery magically cut Target's shipping costs by 90%. Spoiler: It manages that by shipping your emergency deodorant stick from the closest Target store (miles away), not a fulfillment center (time zones away).