Latest Retail News, Strategies, & Trends

#NRF2019 Day 3 Recap

Teradata Promotes COO To President And CEO

Teradata, a data analytics technology company, has appointed Oliver Ratzesberger as President and CEO, effective immediately. He succeeds Victor Lund, who will transition to Executive Chairman of the company’s Board...

Neiman Marcus iLab Founder Named CTO Of TheCurrent Global

Scott Emmons, Founder and Director of the Neiman Marcus iLab, is leaving the retailer to take the position as CTO at TheCurrent Global, a consultancy focused on transforming how retail...

Target CFO Steps Down As Retailer Fills C-Suite Positions From Within

Target is searching for a new CFO while simultaneously promoting several members of its leadership team as the retailer seeks to maintain momentum after a successful holiday season. Current CFO...

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Walmart Buys Four Delivery Companies To Expand Online Grocery Operations

Walmart has acquired four additional companies to boost its grocery delivery options: Point Pickup, Skipcart, AxleHire and Roadie. The deals will help Walmart double its number of locations offering grocery delivery...

L’Occitane Purchases ELEMIS To Expand Skincare Offerings

L’Occitane will acquire ELEMIS, a UK-based beauty and skincare producer, for a maximum consideration of $900 million. The deal will strengthen L’Occitane’s omnichannel distribution and product categories, particularly in skincare.

A.T. Kearney Acquires Business Analytics Consultancy Cervello

A.T. Kearney has acquired Cervello, a business analytics and data management consultancy. Cervello will work with A.T. Kearney’s client services teams to fuel the firm’s client performance improvement and transformation...

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Macy’s And Kohl’s Disappoint During Holiday, But Target Finishes Strong

Department stores came into the holiday season with high hopes, particularly as initial online Thanksgiving weekend numbers indicated that sales would be plentiful. However, recent holiday sales reports from Macy’s...

Import.io Raises $15.5 Million To Expand Data Analytics Offerings

Import.io, a web data integration solution provider, has closed a $15.5 million Series B funding round. The money will help Import.io accelerate global growth and expand its product offerings, which...

ShopKeep Secures $65 Million Funding Round

ShopKeep has completed a $65 million round of equity and debt financing led by Tribeca Venture Partners. The venture capital firm also led the company’s funding round in 2011. The tablet-to-cloud...

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