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Bed Bath & Beyond CEO Steps Down Amid Activist Investor Pressure

Bed Bath & Beyond CEO Steps Down Amid Activist Investor Pressure

Bed Bath & Beyond CEO Steven Temares has resigned from his position and as a member of the company’s Board of Directors a few weeks after three activist investors called...

REI Moves Interim CEO To Permanent Role

REI Moves Interim CEO To Permanent Role

REI has named interim chief executive Eric Artz as its permanent CEO, effective May 7. Artz had served as interim CEO since February, when Jerry Stritzke, who had served as President...

Home Depot Promotes Insider To Replace Retiring CFO

Home Depot Promotes Insider To Replace Retiring CFO

Carol Tomé, CFO and EVP of Corporate Services for The Home Depot, will retire on Aug. 31, 2019 after 24 years with the company. Richard McPhail, currently Senior VP of...

Mergers & Acquisitions

Chico’s FAS Rejects Second Buyout Proposal From Sycamore Partners

Chico’s FAS Rejects Second Buyout Proposal From Sycamore Partners

The Board of Directors of Chico’s FAS, parent company of Chico’s, White House Black Market and Soma, has rejected an acquisition proposal from private equity firm Sycamore Partners for the...

TrueCommerce Acquires Supply Chain Management Platform Provider ecUtopia

TrueCommerce Acquires Supply Chain Management Platform Provider ecUtopia

TrueCommerce has acquired fellow cloud-based supply chain collaboration and visibility platform ecUtopia for an undisclosed sum. With the acquisition, TrueCommerce gains a strategic technology service that strengthens its commerce network...

Schick Parent Buys Harry’s For $1.37 Billion

Schick Parent Buys Harry’s For $1.37 Billion

Harry’s has grown its direct-to-consumer (DTC) grooming brand via disruptive methods such as a subscription model and smooth packaging, but it appears to have found a new home under the...

Financial News

Chewy Files For IPO

Chewy Files For IPO

E-Commerce pet food retailer Chewy has filed for an IPO and will be listed on the New York Stock Exchange under the ticker symbol “CHWY.” The number of shares to be...

PayPal Participates In $11 Million Happy Returns Funding Round

PayPal Participates In $11 Million Happy Returns Funding Round

PayPal has made a strategic investment in Happy Returns as part of an $11 million financing round that also included existing investors U.S. Venture Partners and Upfront Ventures. The returns,...

FullStory Raises $32 Million To Expand Digital Customer Experience Capabilities

FullStory Raises $32 Million To Expand Digital Customer Experience Capabilities

FullStory, a digital intelligence platform, secured $32 million in Series C funding. The round, which brings the company’s total funding up to $47 million, was led by Stripes Group. Existing...