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TDK To Acquire Chip Maker InvenSense For $1.3 Billion

Japanese component manufacturer TDK Corporation has entered into a definitive agreement to acquire all outstanding shares in U.S. chip maker — and Apple supplier — InvenSense. TDK will acquire all…

News December 21

CVS To Close 70 Stores In Early 2017 As Part Of $3 Billion Cost Cuts

As part of cost-cutting measures designed to save approximately $3 billion before 2021, CVS Health will close 70 stores in 2017. The store closings should provide a $265 million cost…

News December 21
1DY

Dynamic Yield Raises $22 Million To Enhance Personalization Technology

Dynamic Yield, a customer engagement and personalization platform provider, has raised $22 million in Series C funding led by Vertex and ClalTech. The investments will be used for the global…

News December 21

What Hot Trends Can We Expect From #NRF17?

Even as the holiday shopping madness finally begins to cool down, the annual NRF Big Show will revive the intensity for four days while serving as a major tone-setter for…

Executive Viewpoints December 21

Nearly 50% Of U.S. Employees Find Job Training Ineffective

New workplace research finds organizations are still struggling to provide employees with the formal training they need to do their jobs effectively. The study, conducted by Ipsos on behalf of…

News December 21

Fred’s Pharmacy To Buy 865 Rite Aid Stores For $950 Million

In a move that may speed up the long-planned $17.2 billion acquisition of Rite Aid by Walgreens Boots Alliance, Fred’s Pharmacy has agreed to buy 865 Rite Aid stores in…

News December 20

Akamai Acquisition Improves Cyberbot Detection Capabilities

Akamai has acquired Cyberfend, a California-based startup specializing in bot and automation detection software, to bolster its security capabilities. Financial terms of the all-cash deal were not revealed.  Upon completing…

News December 20

Louis Vuitton Unveils 3D Printed Pop-Up Store

When most shoppers think of Louis Vuitton, their image is likely to be leather handbags emblazoned with the “LV” logo rather than cutting edge technology. In fact, the luxury retailer…

News December 20

Fashion Brands Dior, Rag & Bone Move To VR’s Cutting Edge

By Klaudia Tirico, Features Editor  This year has introduced retailers to a variety of unique, technology-driven opportunities to engage with consumers. Ever since the Pokémon Go craze, augmented reality (AR)…

Executive Viewpoints December 20
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