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Sprouts Farmers Market CEO Steps Down

Sprouts Farmers Market CEO Steps Down

Amin Maredia, CEO of Sprouts Farmers Market, will step down effective Dec. 30, 2018. While the supermarket retailer searches for a permanent replacement, Jim Nielsen, President and COO, and Brad...

Neiman Marcus Hires First Chief Transformation Officer

Neiman Marcus Hires First Chief Transformation Officer

Neiman Marcus Group has named Katie Mullen to the newly created role of Chief Transformation Officer, according to Dallas Business Journal. In this position, she will drive CEO Geoffroy van...

Victoria’s Secret CEO Steps Down After Two-Year Tenure

Victoria’s Secret CEO Steps Down After Two-Year Tenure

The CEO of Victoria’s Secret Lingerie, Jan Singer, has resigned after a little more than two years in the role. Singer, the former CEO of Spanx, was put in charge...

Mergers & Acquisitions

Lidl Boosts Northeast Presence By Acquiring 27 Best Market Stores

Lidl Boosts Northeast Presence By Acquiring 27 Best Market Stores

Lidl US will acquire 27 Best Market grocery stores in New York and New Jersey. The deal will expand Lidl’s presence in the region and mark its introduction to Long...

Ulta Beauty Acquires AI, AR Startups Amid Digital Acceleration

Ulta Beauty Acquires AI, AR Startups Amid Digital Acceleration

Ulta Beauty has taken both the investment and acquisition routes as it accelerates digital innovation and personalization. During its annual analyst and investor conference, the retailer revealed that it has...

NCR Acquires StopLift To Address Self-Checkout Theft And In-Store Shrink

NCR Acquires StopLift To Address Self-Checkout Theft And In-Store Shrink

NCR Corporation has acquired StopLift Checkout Vision Systems, an intelligent computer vision systems provider for retail POS platforms. Financial terms of the transaction were not disclosed. With the growth of Amazon...

Financial News

NuORDER Completes $15 Million Funding Round

NuORDER Completes $15 Million Funding Round

B2B wholesale e-Commerce platform NuORDER has secured $15 million in Series C funding led by NewSpring, joined by existing investors Upfront Ventures and Argentum. NuORDER has raised a total of...

Wine.com Secures $32.5 Million Funding Round

Wine.com Secures $32.5 Million Funding Round

Wine.com has raised $32.5 million in growth capital led by Goldman Sachs Asset Management’s Private Credit Group (GSAM PCG). The online wine retailer will use the capital to enhance its...

Sears Secures $60 Million Bid For Home Improvement Division

Sears Secures $60 Million Bid For Home Improvement Division

Sears Holdings is seeking the bankruptcy court’s approval to accept a $60 million “stalking horse” bid for its Sears Home Improvement business (SHIP). If the court approves the bid from...