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Teradata Promotes COO To President And CEO

Teradata Promotes COO To President And CEO

Teradata, a data analytics technology company, has appointed Oliver Ratzesberger as President and CEO, effective immediately. He succeeds Victor Lund, who will transition to Executive Chairman of the company’s Board...

Neiman Marcus iLab Founder Named CTO Of TheCurrent Global

Neiman Marcus iLab Founder Named CTO Of TheCurrent Global

Scott Emmons, Founder and Director of the Neiman Marcus iLab, is leaving the retailer to take the position as CTO at TheCurrent Global, a consultancy focused on transforming how retail...

Target CFO Steps Down As Retailer Fills C-Suite Positions From Within

Target CFO Steps Down As Retailer Fills C-Suite Positions From Within

Target is searching for a new CFO while simultaneously promoting several members of its leadership team as the retailer seeks to maintain momentum after a successful holiday season. Current CFO...

Mergers & Acquisitions

WorkJam Acquires Peerio Technologies To Add More Secure Messaging

WorkJam Acquires Peerio Technologies To Add More Secure Messaging

WorkJam, a digital workplace solution provider, has acquired employee communications software provider Peerio Technologies. The deal will add chat and secure document sharing to WorkJam’s existing team communication and workstream...

Walmart Adds Four Delivery Partners To Expand Online Grocery Operations

Walmart Adds Four Delivery Partners To Expand Online Grocery Operations

[Editor’s note: This article initially contained erroneous information. The mistake has been corrected.] Walmart is working with four additional companies to boost its grocery delivery options: Point Pickup, Skipcart, AxleHire and Roadie....

L’Occitane Purchases ELEMIS To Expand Skincare Offerings

L’Occitane Purchases ELEMIS To Expand Skincare Offerings

L’Occitane will acquire ELEMIS, a UK-based beauty and skincare producer, for a maximum consideration of $900 million. The deal will strengthen L’Occitane’s omnichannel distribution and product categories, particularly in skincare.

Financial News

Macy’s And Kohl’s Disappoint During Holiday, But Target Finishes Strong

Macy’s And Kohl’s Disappoint During Holiday, But Target Finishes Strong

Department stores came into the holiday season with high hopes, particularly as initial online Thanksgiving weekend numbers indicated that sales would be plentiful. However, recent holiday sales reports from Macy’s...

Import.io Raises $15.5 Million To Expand Data Analytics Offerings

Import.io Raises $15.5 Million To Expand Data Analytics Offerings

Import.io, a web data integration solution provider, has closed a $15.5 million Series B funding round. The money will help Import.io accelerate global growth and expand its product offerings, which...

ShopKeep Secures $65 Million Funding Round

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...