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Skava Promotes Product And Technology VP To CTO

Skava Promotes Product And Technology VP To CTO

Global e-Commerce technology provider Skava has promoted Khurram Khan to the role of Chief Technology Officer. Khan, who will report to CEO Arish Ali out of the company’s San Francisco...

Advance Auto Parts Appoints Permanent CFO, New Supply Chain EVP

Advance Auto Parts Appoints Permanent CFO, New Supply Chain EVP

Advance Auto Parts has named Jeffrey W. Shepherd as EVP and CFO and Reuben E. Slone as EVP of Supply Chain. Additionally, the company appointed Dunkin Brands Executive Chairman Nigel...

Monetate Names New CEO

Monetate Names New CEO

Personalization software provider Monetate has appointed Stephen Collins to the post of CEO. He will be responsible for leading the drive in Monetate’s next phase of growth and helping expand...

Mergers & Acquisitions

Best Buy Acquires GreatCall For $800 Million, Expands Eldercare Services

Best Buy Acquires GreatCall For $800 Million, Expands Eldercare Services

Best Buy has acquired GreatCall, a provider of connected health and personal emergency response services to more than 900,000 subscribers, for $800 million in cash. The electronics retailer has sought new...

Sears CEO Eddie Lampert Bids $400 Million For Kenmore Brand

Sears CEO Eddie Lampert Bids $400 Million For Kenmore Brand

Sears Holdings CEO Eddie Lampert is offering to buy the retailer’s Kenmore brand for $400 million through his hedge fund, ESL Investments. The bid comes four months after Lampert wrote...

VF Corp. Plans To Spin Off Jeans Business Into Separate Company

VF Corp. Plans To Spin Off Jeans Business Into Separate Company

VF Corporation, the parent company of apparel and footwear brands such as Vans, The North Face, Dickies, Reef and Timberland, is spinning off its Wrangler and Lee brands into a separate...

Financial News

DoorDash Raises $250 Million; Now Valued At $4 Billion

DoorDash Raises $250 Million; Now Valued At $4 Billion

DoorDash, a last mile logistics platform, has raised $250 million in a growth round co-led by investment management firms Coatue Management and DST Global. The round comes just five months...

Weblinc Secures $6 Million In Funding To Scale Up Platform Development

Weblinc Secures $6 Million In Funding To Scale Up Platform Development

Weblinc, a commerce and operations management systems provider, has secured a $6 million investment led by Montage Capital and Partners for Growth (PFG). Weblinc offers the SaaS platforms Workarea and...

Backbone PLM Raises $8 Million In Series A Funding

Backbone PLM Raises $8 Million In Series A Funding

Backbone PLM, a cloud-based collaborative product development platform provider, has closed an $8 million funding round that includes $6.7 million in Series A funding. Signal Peak Ventures led the round,...