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Walmart Purchases ShoeBuy For $70 Million
Walmart has purchased the online footwear retailer ShoeBuy for approximately $70 million, in a move aimed at helping its subsidiary Jet.com offer shoppers a larger selection of shoes and sneakers.…
News January 5
SmarterHQ Raises $13 Million To Expand Into New Verticals
SmarterHQ, maker of a customer personalization engine, has secured $13 million in funding. Spring Lake Equity led the round with additional participation from Simon Venture Group and Battery Ventures. SmarterHQ…
News January 5Macy’s Closing 68 Stores And Cutting 10,000 Jobs
After a disappointing holiday season, Macy’s has identified 68 locations it will be closing and announced the likely elimination of more than 10,000 jobs due to restructuring. Nine of the…
News January 5Sears To Close 150 More Stores, Sell Craftsman For $900 Million
Although it’s a new year, the same old struggles at the iconic Sears brand haven’t slowed down. The century-old retailer is closing an additional 150 stores and selling its flagship…
News January 5
CloudCraze Secures $20 Million In Funding To Fuel B2B Commerce Growth
CloudCraze, an enterprise digital commerce solution, has raised $20 million in funding led by Insight Venture Partners with additional participation from Salesforce Ventures. The funding will help the company strengthen…
News January 5NRF Foundation Honors 25 Leaders Shaping Retail’s Future
The NRF Foundation has announced The List of People Shaping Retail’s Future, featuring 25 individuals from companies such as HelloFresh Global, Give Back Box and Facebook. The individuals will be…
News January 5
2017: The Year Of The Chatbot
If 2016 was the year chatbots entered the retail scene, then 2017 will be the year brands will start to realize real business results from the technology, through increased sales,…
Features January 5Gymboree Adds Mobile POS And Endless Aisle Capabilities
The Gymboree Corporation has selected the Aptos Store and Mobile Store POS solutions, along with Aptos Enterprise Order Management, to deliver continuous customer experiences no matter where, when or how…
News January 4From Amazon To Yoobi: 2016 Holiday Highlights
In a shopping season that saw record-setting Cyber Monday sales and yet another surge in mobile commerce, there were plenty of highlights (and shockers) to go around — including a…
Executive Viewpoints January 4
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