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Movers & Shakers

Sam’s Club Creates New Chief Member Officer Position

Sam’s Club Creates New Chief Member Officer Position

Walmart has named Tony Rogers, SVP and CMO at Walmart U.S., to the newly-created position of Chief Member Officer at Sam’s Club, according to Supermarket News. He will start this...

J.Crew Appoints New Chief Design Officer, Adds Mack Weldon Brand

J.Crew Appoints New Chief Design Officer, Adds Mack Weldon Brand

J.Crew Group has named Johanna Uurasjarvi as Chief Design Officer, where she will be in charge of overall design direction for the J. Crew brand along with Crewcuts and Mercantile....

Rue21 Names Chico’s Exec President And CEO

Rue21 Names Chico’s Exec President And CEO

Laurie Van Brunt, most recently President of Soma Intimates at Chico’s FAS, will take the reins as President and CEO at rue21. Van Brunt succeeds Michael Appel, who was named...

Mergers & Acquisitions

Adobe Completes $1.68 Billion Magento Acquisition

Adobe Completes $1.68 Billion Magento Acquisition

Adobe has officially acquired Magento Commerce for $1.68 billion. Adobe will integrate the Magento Commerce Cloud into the Adobe Experience Cloud, creating a single platform for both B2B and B2C customers. “By...

Rakuten Bolsters Order Pickup With Curbside Acquisition

Rakuten Bolsters Order Pickup With Curbside Acquisition

Rakuten has acquired Curbside, a mobile ordering and pickup startup. With the acquisition, the Tokyo-headquartered company plans to connect retailers and merchants with customers during order ahead and pickup transactions.Additionally, Curbside...

Tableau Enhances Data Visualization Solution With Empirical Systems Acquisition

Tableau Enhances Data Visualization Solution With Empirical Systems Acquisition

Tableau Software, a visual analytics solution provider, has acquired Empirical Systems, an artificial intelligence (AI) startup. Tableau will integrate Empirical Systems’ automated statistical analysis technology into its own platform, helping...

Financial News

Elastic Path Closes $33 Million In Series B Funding

Elastic Path Closes $33 Million In Series B Funding

Elastic Path, an enterprise headless commerce solutions provider, has completed a $33million Series B financing round. The capital was led by private investment company Sageview Capital, with participation from current...

Kustomer Secures $26 Million In Series B Funding

Kustomer Secures $26 Million In Series B Funding

Kustomer, a customer experience, service and support platform, has raised $26 million in Series B funding, bringing the total round to $38.5 million. The new capital will fund the company’s...

Neighborhood Goods Secures $5.75 Million Funding, Will Open First Store

Neighborhood Goods Secures $5.75 Million Funding, Will Open First Store

Neighborhood Goods, a startup that seeks to redesign the traditional department store experience, has raised a seed round of $5.75 million led by Forerunner Ventures. The funds will be used...