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Catalina Names New Global Chief Retail Officer

Catalina Names New Global Chief Retail Officer

Catalina, a shopper intelligence and personalized digital media platform, has appointed Tom Corley as Global Chief Retail Officer and President of U.S. Retail. Prior to joining Catalina Corley held leadership...

Boxed Hires Staples Exec To Bolster B2B Sales Team

Boxed Hires Staples Exec To Bolster B2B Sales Team

Boxed has chosen Neel Madhvani to be its new Head of Sales. Madhvani will focus on building a B2B sales team at a time when businesses account for a significant portion...

Toshiba America Names LeBlanc To Head U.S. Reseller Channel

Toshiba America Names LeBlanc To Head U.S. Reseller Channel

Toshiba America Business Solutions has promoted Ted LeBlanc to VP of U.S. Dealer Sales. In this role, LeBlanc will oversee Toshiba’s U.S. reseller channel. LeBlanc, a 10-year Toshiba veteran, previously served...

Mergers & Acquisitions

Bpost Acquires Radial For $820 Million To Bolster Cross-Border Commerce

Bpost Acquires Radial For $820 Million To Bolster Cross-Border Commerce

As the battle among major logistics players continues to rage on, with even Amazon reportedly set to join the mix, one more logistics company is seeking to expand its global...

Office Depot Adds Business Services With $1B CompuCom Purchase

Office Depot Adds Business Services With $1B CompuCom Purchase

In its first significant move away from traditional retail, Office Depot has purchased CompuCom, an IT services provider owned by private equity firm Thomas H. Lee Partners, for approximately $1...

Ace Hardware Acquires The Grommet

Ace Hardware Acquires The Grommet

Ace Hardware has acquired a majority stake in the e-Commerce startup The Grommet, which markets and sells new and innovative products created by independent entrepreneurs. Among the “Makers” discovered by...

Financial News

Canadian POS Solution Raises $166M In Funding

Canadian POS Solution Raises $166M In Funding

Lightspeed POS Inc., a cloud-based POS software solution for retailers, has closed a $166 million Series D funding round. Caisse de dépôt et placement du Québec led the round, with...

Nordstrom Suspends Plan To Go Private, Will Remain Public In 2017

Nordstrom Suspends Plan To Go Private, Will Remain Public In 2017

Four months after setting up a special committee to explore the possibility of taking its namesake brand private, the Nordstrom family has tabled the idea for the remainder of 2017. The...

Cashier-Free Checkout Company Secures $5 Million In Seed Funding

Cashier-Free Checkout Company Secures $5 Million In Seed Funding

Standard Cognition has raised $5 million in seed funding to accelerate go-to-market capabilities for its checkout-free AI-based shopping system. The round was led by Charles River Ventures, with additional participation...