Menu
RSS

Featured Stories

Grotto Pizza Boosts Triples Loyalty Club Memberships With Paytronix

Grotto Pizza Boosts Triples Loyalty Club Memberships With Paytronix

May 21, 2015 | Retail Success Stories

With successful loyalty programs in place, retailers and restaurants have the ability to boost engagement and sales, turning one-time buyers into loyal customers. Grotto Pizza, a casual dining restaurant with 21 locations in Delaware, Maryland and Pennsylvania, has ramped up its loyalty efforts using the Paytronix Rewards Platform. Within a month of re-launching its Swirl Rewards Club program on Paytronix, overall membership tripled.

Movers & Shakers

Bezos Selects First Woman To Take On “Shadow” Advisor Role

Bezos Selects First Woman To Take On “Shadow” Advisor Role

Amazon CEO Jeff Bezos has named Maria Renz, CEO of Quidsi, as his newest technical advisor — or “shadow,” as the position is often referred — according to a report...

Alibaba Group Promotes Zhang To CEO, Adds Board Member

Alibaba Group Promotes Zhang To CEO, Adds Board Member

Alibaba Group has promoted COO Daniel Zhang to CEO, effective May 10, 2015. Current CEO Jonathan Lu will assist Zhang through the transition process, and will remain on Alibaba Group’s...

Former Coach Exec Takes The Helm At Bonobos

Former Coach Exec Takes The Helm At Bonobos

Bonobos has named former Coach executive Francine Della Badia as its next CEO, effective June 1, 2015. With this move, Founder and current CEO Andy Dunn will transition to Executive...

Mergers & Acquisitions

Ascena Retail Group Buys Ann Taylor Parent Company

Ascena Retail Group Buys Ann Taylor Parent Company

Ascena Retail Group, parent company of Lane Bryant, Dressbarn and Maurices brands, has acquired ANN Inc., owner of the LOFT and Ann Taylor clothing store chains, for approximately $2.15 billion....

Delhaize Group And Ahold Enter Merger Discussions

Delhaize Group And Ahold Enter Merger Discussions

European grocery chain operators Delhaize Group and Royal Ahold NV have both confirmed that they have entered preliminary discussions to combine the two companies. No details of the potential merger,...

Verizon To Acquire AOL For $4.4 Billion

Verizon To Acquire AOL For $4.4 Billion

Verizon Communications is purchasing AOL in a transaction valued at $50 per share, for an approximate total of $4.4 billion. The acquisition is designed to further drive the telecom provider’s...

Financial News

Warby Parker Raises $100 Million, Eyes Brick-And-Mortar Expansion

Warby Parker Raises $100 Million, Eyes Brick-And-Mortar Expansion

Disruptive eyeglasses retailer Warby Parker has raised another $100 million in funding, bringing the company’s total valuation to $1.2 billion. T. Rowe Price led the latest funding round, which is intended...

SiteZeus Captures $2.2 Million In Series A Funding

SiteZeus Captures $2.2 Million In Series A Funding

SiteZeus, a provider of site selection technology, has secured $2.2 million in Series A funding from Chris Sullivan, who is a partner at Bloomin’ Brands and Co-Founder of Outback Steakhouse....

Store Openings Highlight Q4 Financial Results

Store Openings Highlight Q4 Financial Results

Retail sales are predicted to increase 4.1% in 2015, indicating that the industry as a whole is set to have a big year financially, according to the National Retail Federation...