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B&M Purchases Heron Food Group To Expand Into Convenience Groceries
Discount retailer B&M has acquired convenience store chain Heron Food Group for £152 million ($201 million). As part of the purchase, B&M acquired Heron’s 251 convenience stores located in the…
News August 2Costco Co-Founder Jeff Brotman Dead At 74
Costco Wholesale Corp. Chairman of the Board Jeff Brotman died in his sleep on August 1. Brotman co-founded the chain with former CEO Jim Sinegal in 1983. Costco currently operates 736…
News August 2Pay-Over-Time Technology Startup Bread Raises $126 Million
Bread, a consumer purchase finance technology company that builds customizable pay-over-time solutions for online merchants, has closed $126 million of equity and debt financing. The Bread platform is designed…
News August 2Namogoo Raises $8 Million To Combat E-Commerce ‘Journey Hijacking’
Namogoo has raised $8 million in a Series A funding round. The investment will be used primarily to open the company’s U.S. headquarters in Boston and to accelerate growth in the…
News August 2HP Releases ElitePOS To Bolster Functionality, Security
HP has unveiled a new POS solution for retail and hospitality customers, HP ElitePOS. The solution is scheduled to be available this month direct from HP and the company’s global…
News August 2Branch Messenger Raises $10 Million+ To Drive Partnerships
Branch Messenger, Inc., an employee self-service platform, has raised more than $10 million in funding, including a $6.8 million Series A funding round led by March Capital Partners. Branch will…
News August 2CommerceHub Names New SVP Of Operations
CommerceHub, a distributed commerce network for retailers and brands, has promoted Kathleen Conley to the position of Senior VP of Operations. In her new position, Conley will be responsible for…
News August 2Traffic Sensors Give Habitat For Humanity Data To Maximize Stores’ Efficiency
The nonprofit organization Habitat for Humanity ReStore serves as a donation center that takes in used furniture, appliances, home accessories and building materials and then sells them at a fraction…
Features August 2Can Macy’s Afford To Drop The Ivanka Trump Brand?
After a Washington Post article reported that Ivanka Trump fashion brand products are manufactured primarily by women working in sweatshop labor conditions in countries such as Bangladesh, Indonesia and China,…
Executive Viewpoints August 2


















