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Movers & Shakers

Blue Apron CEO Steps Down Amid Financial Struggles

Blue Apron CEO Steps Down Amid Financial Struggles

Blue Apron has had a tough 2017, including an underwhelming IPO and a wealth of new competition that now includes Amazon and Albertsons. For dessert, the meal kit delivery service...

PetSmart Names New EVP Of Marketing And Customer Experience

PetSmart Names New EVP Of Marketing And Customer Experience

As the new Executive Vice President of Marketing and Customer Experience at PetSmart, Joshua Kanter will oversee all aspects of brand marketing, digital, media and creative across the retailer’s 1,600...

Namogoo Appoints New VP of Marketing

Namogoo Appoints New VP of Marketing

Namogoo has named Ohad Hagai as Vice President of Marketing. In his new role Hagai will be responsible for marketing, communications, media relations and digital strategies.

Mergers & Acquisitions

$15.7 Billion Westfield Acquisition Magnifies Pressure On Shopping Malls

$15.7 Billion Westfield Acquisition Magnifies Pressure On Shopping Malls

Westfield Corporation, the operator of 35 malls and shopping centers in the U.S. and the UK, has been acquired by Europe’s largest property firm, Unibail-Rodamco, for $15.7 billion ($24.7 billion...

Target Acquires Shipt To Accelerate Same-Day Delivery

Target Acquires Shipt To Accelerate Same-Day Delivery

With the $550 million cash acquisition of Shipt, Target has leaped into the same-day delivery battle that has so far been dominated by Amazon and Walmart. After onboarding the Shipt...

Logility Acquires Halo Business Intelligence To Expand Supply Chain Analytics

Logility Acquires Halo Business Intelligence To Expand Supply Chain Analytics

Logility, a supply chain optimization and retail planning solutions provider, has acquired supply chain software and services provider Halo Business Intelligence for an undisclosed sum. In combining its planning and optimization...

Financial News

Moda Operandi Raises $165M To Fund Global Growth

Moda Operandi Raises $165M To Fund Global Growth

Moda Operandi, a luxury online retailer, has raised $165 million in capital to fuel international growth and increase development across key business verticals. The round was led by Adrian Cheng...

Mastercard Invests In Biometrics Security Firm

Mastercard Invests In Biometrics Security Firm

Mastercard has named HYPR Corp., an authentication solution provider, to the latest class of Mastercard Start Path — a global initiative designed to support innovative startups in retail, fintech, security...

Kroger Sales Jump 4.5% Even As Pricing Competition Heats Up

Kroger Sales Jump 4.5% Even As Pricing Competition Heats Up

Kroger saw total sales jump 4.5% to $27.7 billion in Q3, ahead of Wall Street expectations, with net earnings reaching $397 million, or $0.44 per share. Same-store sales grew 1.1%...