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News Briefs

 
News Briefs features a selection of the latest retail news, delivered in a concise style. Each week, Retail TouchPoints publishes two or more new News Briefs articles.

Groupon Acquires Boomerang

  • Written by Alicia Fiorletta

Boomerang
Daily deal company Groupon has acquired social gifting company Boomerang in an effort to expand its variety of products and services for consumers. 

As a result of the deal, Boomerang will fold into the Groupon web site as “Groupon Freebies,” which will provide users with promo codes, free offers and coupons from their favorite stores.

Read more: Groupon Acquires Boomerang

LUX Beauty Boutique Launches In-Store Mobile Payment

  • Written by Alicia Fiorletta

LUX_Beauty_Boutique
LUX Beauty Boutique
, an apothecary in Edmonton Alberta, Canada, has implemented SelfPay, an in-aisle commerce application from Digital Retail Apps.

Consumers who use SelfPay at the LUX Beauty Boutique will be able to access detailed product information and purchase products using their mobile devices. As a result, shoppers can skip waiting in long lines, and complete their transactions quickly and seamlessly.

Read more: LUX Beauty Boutique Launches In-Store Mobile Payment

Modavanti.com Acquires Ethical Ocean

  • Written by Alicia Fiorletta

Modavanti.com
Modavanti.com
, a sustainable fashion eTailer, has announced the acquisition of Ethical Ocean, an online marketplace designed to provide access to eco-friendly products and services. As of December 1, 2013, all Ethical Ocean shoppers automatically are redirected to the Modavanti.com web site.

“Ethical Ocean has been one of the pioneers in bringing ethical and environmentally friendly products to a mass market,” said David Dietz, Founder and CEO of Modavanti.com. “We’re tremendously excited about this opportunity and for the chance to introduce the Modavanti name to tens of thousands of conscious consumers.”

Read more: Modavanti.com Acquires Ethical Ocean

Akamai To Acquire Prolexic For $370 Million

  • Written by Alicia Fiorletta

Akamai_-_Prolexic


Akamai Technologies
, a cloud-based provider of online data security, is acquiring Prolexic, a company focused on protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks, for $370 million. 

The acquisition is designed to provide customers with a comprehensive portfolio of security solutions that can defend companies’ web and IP infrastructure against application-layer, network-layer and data center attacks delivered via the Internet.

Read more: Akamai To Acquire Prolexic For $370 Million