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Movers & Shakers

Ecrebo Appoints Chief Technology Officer Amid Expansion

Ecrebo Appoints Chief Technology Officer Amid Expansion

Ecrebo, a POS marketing platform provider, has appointed Kelvin Clibbon as Chief Technology Officer. In this role, Clibbon will focus on enhancing the OnPoint POS marketing platform. Clibbon assumes responsibility for...

MadaLuxe Group Co-Founder Named CEO

MadaLuxe Group Co-Founder Named CEO

MadaLuxe Group, a distributor of luxury fashion products, has named Co-Founder and President Adam Freede as CEO. Sandy Sholl, Co-Founder and CEO emeritus of MadaLuxe Groupe, has been named Executive...

Toshiba Tec Names Roberge CIO Of 2 U.S. Companies

Toshiba Tec Names Roberge CIO Of 2 U.S. Companies

Toshiba Tec Corp. has promoted Leon Roberge to the post of CIO at its two U.S.-based companies, Toshiba America Business Solutions and Toshiba Global Commerce Solutions. Roberge had been responsible...

Mergers & Acquisitions

Bazaarvoice Acquires AddStructure To Enhance CGC Offerings

Bazaarvoice Acquires AddStructure To Enhance CGC Offerings

Bazaarvoice, a provider of consumer-generated content (CGC), advertising and personalization solutions, has acquired search and discovery e-Commerce applications provider AddStructure for an undisclosed sum. Bazaarvoice intends to strengthen its core...

NMI Acquires Creditcall To Create Omnichannel Payment Platform

NMI Acquires Creditcall To Create Omnichannel Payment Platform

NMI, which specializes in card-not-present (CNP) payments, will acquire NMI, adding EMV and card-present expertise to the combined companies’ portfolio. NMI provides payment enablement technology to Independent Sales Organizations (ISOs),...

Albertsons-Rite Aid Merger Shakes Up Both Grocery And Pharmacy Sectors

Albertsons-Rite Aid Merger Shakes Up Both Grocery And Pharmacy Sectors

Albertsons Cos., parent company of supermarkets Albertsons, Safeway, Jewel-Osco and Acme, has reached a definitive merger agreement with Rite Aid to create a combined company that could generate as much...

Financial News

Glossier Raises $52 Million To ‘Keep Building The Beauty Company Of The Future’

Glossier Raises $52 Million To ‘Keep Building The Beauty Company Of The Future’

Glossier, a direct-to-consumer beauty brand, has secured $52 million in Series C funding, bringing total venture capital to $86 million. Existing investors IVP and Index Ventures led the round, with...

Wall Street Wakeup: New Business Metrics Define Retail Success

Wall Street Wakeup: New Business Metrics Define Retail Success

The host of the NPR business show Marketplace often asserts that Wall Street is not the economy (usually before he shares the day’s Dow Jones gains or losses). For retailers,...

Brick-And-Mortar Financial Index Dips 4.54% Year-To-Date

Brick-And-Mortar Financial Index Dips 4.54% Year-To-Date

The rise of e-Commerce has had a major impact on more than just retailers. It has reshaped how investors, businesses and policymakers view the industry. Simply put, as brick-and-mortar retailers...