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Pier 1 Names Former Crate & Barrel CEO President

Pier 1 Names Former Crate & Barrel CEO President

Pier 1 Imports has appointed Douglas Diemoz to the newly created role of President, and Robert Riesbeck as Executive Vice President and Chief Financial Officer, both effective July 22. Diemoz will...

Party City Retail Group Names Former Petco Executive As CEO

Party City Retail Group Names Former Petco Executive As CEO

Party City Holdco Inc. (PCHI) has named Brad Weston as CEO of Party City Retail Group, effective July 25, 2019. He will report directly to James M. Harrison, CEO of PCHI, and...

Google Cloud Hires VPs To Lead Retail And Retail Sales Divisions

Google Cloud Hires VPs To Lead Retail And Retail Sales Divisions

Pictured above: Carrie Tharp (left), Janet Kennedy (right) Google Cloud is following up on the launch of its Google Cloud for Retail solution suite by bringing on board two execs to lead...

Mergers & Acquisitions

Marlin Equity Partners Acquires Clarus Commerce

Marlin Equity Partners Acquires Clarus Commerce

Marlin Equity Partners, a global investment firm, has acquired Clarus Commerce, a provider of loyalty programs for retailers, for an undisclosed amount. The Marlin investment was made alongside Norwest Venture Partners, a...

Workforce Insight Acquires SMK Workforce Solutions

Workforce Insight Acquires SMK Workforce Solutions

Workforce Insight, a workforce optimization solution provider, has acquired SMK Workforce Solutions. Scott Knaul, CEO of SMK Solutions, will join the Workforce Insight leadership team as SVP of Retail Solutions. “SMK...

Visa Acquires Chargeback Management Solution Provider

Visa Acquires Chargeback Management Solution Provider

Visa will acquire Verifi, a chargeback reduction solution provider. The deal will combine the dispute resolution tools offered by Verifi with the risk and fraud management solutions available through Visa,...

Financial News

Bolt Raises $68 Million To Bolster Online Checkout Capabilities

Bolt Raises $68 Million To Bolster Online Checkout Capabilities

Bolt, a cloud-based online checkout platform, has secured a $68 million Series B funding round led by Activant Capital and Tribe Capital, with financial support from retail executives at Allbirds,...

Depop Raises $62 Million To Fight Counterfeiting, Expand Globally

Depop Raises $62 Million To Fight Counterfeiting, Expand Globally

Depop, a UK-based peer-to-peer social shopping app, has raised $62 million in Series C funding. The most recent financing round was led by General Atlantic, with investments from Balderton Capital,...

Zyper Raises $6.5 Million In Series A Funding

Zyper Raises $6.5 Million In Series A Funding

Zyper, a peer-to-peer marketing software platform, has raised $6.5 million in Series A Funding, bringing its total funding to $8.5 million. The most recent financing round was led by Talis...