Menu
RSS

Featured Stories

Movers & Shakers

Tru Kids Brands Taps Party City Exec As New President

Tru Kids Brands Taps Party City Exec As New President

Tru Kids Brands, the parent of the Toys ‘R’ Us brand, and b8ta announced today that Jamie Uitdenhowen has been named President of Toy Retail Showrooms, LLC, the new joint venture that will operate Toys...

Kohl’s President Steps Down; Retailer Appoints New CTO

Kohl’s President Steps Down; Retailer Appoints New CTO

Kohl’s President Sona Chawla, who serves as second-in-command to CEO Michelle Gass, will step down from her role in mid-October.Chawla, who joined Kohl’s in November 2015 as COO, became President...

Neiman Marcus Names New President, CFO Departs

Neiman Marcus Names New President, CFO Departs

Neiman Marcus Group has appointed Ralph Lauren executive Lana Todorovich as its President and Chief Merchandising Officer. Todorovich, who was President of North America Wholesale at Ralph Lauren, is filling...

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

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...

Olivela Raises $35 Million In Series A Funding

Olivela Raises $35 Million In Series A Funding

Olivela, a fashion and beauty retailer housing 400+ luxury brands, has secured $35 million in Series A financing led by Morgan Stanley. The company is built on a philanthropic business...