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Movers & Shakers

Tulip Appoints New CFO

Tulip Appoints New CFO

Tulip, a mobile platform for in-store associates, has appointed Saeideh Fard as CFO. In the role, Fard will navigate the company as it accelerates its growth and global expansion a...

Starbucks Appoints New CFO

Starbucks Appoints New CFO

Starbucks has appointed Patrick Grismer EVP and CFO to replace Scott Maw, who is retiring Nov. 30. Grismer will join the company on Nov. 12 and assume the role of...

Catalina Chooses Amtrak Veteran As New CEO

Catalina Chooses Amtrak Veteran As New CEO

Catalina has named Gerald “Jerry” Sokol Jr. as its CEO, effective immediately. His experience includes leading technology and consumer-focused companies across a wide variety of markets, including the U.S., Europe,...

Mergers & Acquisitions

Famous Footwear Parent Acquires Vionic Group For $360 Million

Famous Footwear Parent Acquires Vionic Group For $360 Million

For the second time in two weeks, major footwear brands are growing by acquisition. Caleres, a portfolio of global footwear brands including Famous Footwear, Sam Edelman and Diane Von Furstenberg,...

Mi9 Retail Puts MyWebGrocer In Shopping Cart

Mi9 Retail Puts MyWebGrocer In Shopping Cart

Mi9 Retail will purchase MyWebGrocer (MWG), a software and digital media company serving the grocery and CPG industries. Details of the acquisition have not been reported. The MWG solution adds new...

Walmart Buys Bare Necessities In Latest Digital Acquisition

Walmart Buys Bare Necessities In Latest Digital Acquisition

Just a few weeksafter Walmart acquired Eloquii, a plus-sized fashion retailer, the retail giant has reeled in its next digitally native brand. Walmart acquired Bare Necessities, an e-Commerce intimates and...

Financial News

Amazon Joins $35 Million Funding Round For Lifestyle And Food Studio

Amazon Joins $35 Million Funding Round For Lifestyle And Food Studio

Tastemade, a digital lifestyle and food network and studio that also sells cooking materials, home and travel gifts, has secured a $35 million Series E funding round with Amazon contributing...

Springbot Closes $15 Million Funding Round

Springbot Closes $15 Million Funding Round

Springbot has raised $15 million in a funding round led by North Atlantic Capital. The solution provider will use the investment to continue developing solutions that support the growth objectives...

Instacart Raises $600 Million, Raising Total Financing To $1.6 Billion

Instacart Raises $600 Million, Raising Total Financing To $1.6 Billion

Instacart has raised $600 million as part of a financing round led by D1 Capital Partners. The online grocery delivery company, which has raised $1.6 billion to-date, will use the...