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Former MasterCard Exec Joins The Chargeback Company

Former MasterCard Exec Joins The Chargeback Company

The Chargeback Company, known as Chargebacks911 in the U.S., has announced the appointment of Carolyn Sweeney as Director of Global Business Development. Sweeney will play a key role in the...

Albertsons Promotes Denningham To President And COO

Albertsons Promotes Denningham To President And COO

Albertsons Companies has promoted long-time executive Wayne Denningham to President and COO. Bob Miller remains chairman and CEO, titles he has held since April 2015. In this new combined role,...

Touch Of Modern Names First President/COO

Touch Of Modern Names First President/COO

Touch of Modern has named Egon Smola to the newly created position of President and Chief Operating Officer. Smola will report to CEO and Co-Founder Jerry Hum and will be...

Mergers & Acquisitions

Sports Direct Scores Eastern Outfitters Brands For $101 Million

Sports Direct Scores Eastern Outfitters Brands For $101 Million

UK-based Sports Direct has acquired Bob's Stores and Eastern Mountain Sports from parent company Eastern Outfitters LLC for $101 million in cash. The move will save 50 combined stores under...

Walmart Buys Shoes.com Intellectual Property For $9 Million

Walmart Buys Shoes.com Intellectual Property For $9 Million

Walmart is continuing its e-Commerce spending spree, with the retail giant acquiring the domain name and intellectual priority of defunct online retailer Shoes.com for $9 million. The Shoes.com web address...

Market Track Enhances Pricing Insights With 360pi Acquisition

Market Track Enhances Pricing Insights With 360pi Acquisition

Market Track, an e-Commerce market research provider, has acquired price monitoring company 360pi. The acquisition will help Market Track increase its own price monitoring and e-Commerce offerings to its 450...

Financial News

Darkstore Raises $1.4 Million For Expansion To 3 New Markets

Darkstore Raises $1.4 Million For Expansion To 3 New Markets

Darkstore, an on-demand delivery fulfillment startup, has raised $1.4 million in seed financing from PivotNorth Capital. The company plans to use the funding to launch in new markets and expand...

PIM Software Provider Akeneo Secures $13 Million

PIM Software Provider Akeneo Secures $13 Million

Akeneo, an open-source product information management (PIM) software provider founded in France in 2013, has raised $13 million from investors Partech Ventures and Alven Capital. The company plans to use the...

Flow Raises $16 Million To Expand Cross-Border Platform

Flow Raises $16 Million To Expand Cross-Border Platform

UPDATE: Flow has completed a $16 million Series A funding round. While Bain Capital led the initial financing in March, investment firms Fung Capital and Forerunner Ventures have contributed a...