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Nordstrom Adds COO Position

Nordstrom Adds COO Position

Nordstrom has appointed Ken Worzel as the retailer’s first chief operating officer (COO). Worzel, who steps into the new role after running the company’s digital strategy for the past decade, will...

Macy’s On Hunt For New Bluemercury Leaders

Macy’s On Hunt For New Bluemercury Leaders

The husband-and-wife co-founders of Bluemercury, the beauty retailer that Macy’s acquired in 2015, are preparing to step down. Macy's announced that Bluemercury COO Barry Beck will leave the company by Sept....

Fanatics Hires Nike Executive As CFO

Fanatics Hires Nike Executive As CFO

Fanatics has named Michener Chandlee, currently Corporate Audit and Chief Risk Officer at Nike, as CFO effective Sept. 23, according to CNBC. He succeeds Lauren Cooks Levitan, who is leaving...

Mergers & Acquisitions

McDonald’s Acquires Voice Ordering Platform, Will Create Tech Lab

McDonald’s Acquires Voice Ordering Platform, Will Create Tech Lab

McDonald’s is acquiring yet another technology company as it seeks to optimize the customer ordering experience across its 38,000+ locations. With the acquisition of Apprente, a voice-based conversational technology provider, the...

Shopify Acquires Warehouse Automation And Robotics Firm For $450 Million

Shopify Acquires Warehouse Automation And Robotics Firm For $450 Million

Shopify is acquiring 6 River Systems, a startup focused on warehouse automation technology development for e-Commerce and retail operations. The purchase is designed to accelerate the growth of the Shopify Fulfillment...

Stitch Fix Acquires Technology From Digital Wardrobe Platform

Stitch Fix Acquires Technology From Digital Wardrobe Platform

Stitch Fix has acquired the intellectual property and technology from Finery, a platform that scans online shopping receipts to build a virtual wardrobe. Shoppers using the technology on their phones...

Financial News

Trigo Raises $22 Million To Scale Checkout-Free Technology

Trigo Raises $22 Million To Scale Checkout-Free Technology

Trigo, a computer vision platform providing checkout-free technology to grocery retailers, has raised $22 million in a Series A funding round. With the funds, Trigo seeks to scale its technology...

Simbe Secures $26 Million In Funding

Simbe Secures $26 Million In Funding

Simbe Robotics, Inc. announced two separate funding deals today – a Series A equity financing round and an inventory financing agreement with SoftBank Robotics (SBR). The $26 million Series A...

Neighborhood Goods Raises $11 Million Ahead Of New Store Openings

Neighborhood Goods Raises $11 Million Ahead Of New Store Openings

Neighborhood Goods, a retailer that positions itself as the modern reinvention of the traditional department store, has raised $11 million in a new round of financing led by Global Founders...