Latest Retail News, Strategies, & Trends

From E-Commerce Platforms To Microservices Omni-Commerce

Traditionally, retailers have used e-Commerce platforms such as ATG, WCS, Hybris etc. to build and manage their online storefront. These monolith applications were based on three-tiered architecture. Over time, the...

Six Takeaways For Globalizing Your E-Commerce Business

According to a recent report from McKinsey, China accounted for less than 1% of the global e-Commerce market in 2008. Now, 10 years later, its share is 42%. Comparatively, today...

Savvy Retailers Know That Storefronts Must Fulfill And Strengthen Digital Promises

I remember when the first wave of corporate web sites hit the Internet. Designers at the time were thrilled to play with a brand new platform, and before long it...

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StoreTours: The First Nordstrom Men’s Store

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 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

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...

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Farfetch Acquires Stadium Goods For $250 Million

On the heels of going public in September, UK-based online luxury marketplace Farfetch is expanding its portfolio to make room for more sneakers by acquiring online footwear and streetwear resale...

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 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...

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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...

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 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...

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