Menu
RSS

Featured Stories

Movers & Shakers

New Superdry Board Extends Interim CEO’s Contract

New Superdry Board Extends Interim CEO’s Contract

UK retailer Superdry has extended the contract of interim CEO Julian Dunkerton through April 2021, after a power struggle that saw a handful of the company’s senior executives resign.

The Fresh Market Chooses Grocery Veteran As Chief Merchandising Officer

The Fresh Market Chooses Grocery Veteran As Chief Merchandising Officer

The Fresh Market has appointed Dan Portnoy as Chief Merchandising Officer. He will report directly to President and CEO Larry Appel, and will oversee the grocery retailer’s merchandising team. Portnoy was...

Target Promotes Operations Exec To CFO

Target Promotes Operations Exec To CFO

Michael Fiddelke, a 15-year Target veteran, has been named EVP and Chief Financial Officer, effective Nov. 1. Fiddelke will be responsible for financial planning, analysis and operations, internal audit, accounting, investor...

Mergers & Acquisitions

Yesway Adds 300+ C-Stores To Portfolio With Allsup’s Acquisition

Yesway Adds 300+ C-Stores To Portfolio With Allsup’s Acquisition

Yesway has advanced its goal of operating a fleet of 500+ convenience stores through the acquisition of Allsup’s, a convenience chain with more than 300 locations in Texas, New Mexico...

Kibo Buys Monetate, Expanding Personalization Capabilities

Kibo Buys Monetate, Expanding Personalization Capabilities

Kibo will acquire the testing and personalization optimization solution provider Monetate for an undisclosed sum. The purchase, which follows Kibo’s acquisition of Certona in February, is designed to extend the...

DICK’S Sells 8 Field & Stream Stores For $28 Million

DICK’S Sells 8 Field & Stream Stores For $28 Million

DICK’S Sporting Goods has agreed to sell the inventory and assets of eight Field & Stream stores to Sportsman’s Warehouse Holdings for $28 million. The 95-store Sportsman’s Warehouse plans to...

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...