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Movers & Shakers

NewStore Appoints Victoria’s Secret, TJX Veterans To Board

NewStore Appoints Victoria’s Secret, TJX Veterans To Board

NewStore has appointed Carol Meyrowitz, Executive Chairman of the Board of TJX Companies, and Sharen Jester Turney, Former President and CEO of Victoria’s Secret, to its Board of Directors. Meyrowitz was...

Ahold Delhaize CEO To Retire In July

Ahold Delhaize CEO To Retire In July

Ahold Delhaize CEO Dick Boer will retire July 1, 2018, with Deputy CEO and Chief Integration Officer Frans Muller taking his position. Boer will assist Muller with the transition and...

Casey’s General Stores Creates CMO Position

Casey’s General Stores Creates CMO Position

Casey’s General Stores has hired Chris Jones to the newly created position of Chief Marketing Officer. Jones will oversee marketing, advertising, food service and digital activities, among other responsibilities. Prior to...

Mergers & Acquisitions

Walmart Health Care Ambitions Could Include Swallowing PillPack For ‘Under $1 Billion’

Walmart Health Care Ambitions Could Include Swallowing PillPack For ‘Under $1 Billion’

Less than a week after reports circulated that Walmart was in preliminary talks to acquire health insurance company Humana, the retail giant is making progress toward possibly buying another health...

Potential Walmart-Humana Acquisition Highlights Retail’s Health Care Ambitions

Potential Walmart-Humana Acquisition Highlights Retail’s Health Care Ambitions

Walmart is in preliminary talks to purchase health insurance company Humana, according to a report from The Wall Street Journal. While specific terms of the deal are not known, it...

Brookfield Acquires Remainder Of GGP

Brookfield Acquires Remainder Of GGP

Brookfield Property Partners has entered into a definitive agreement to acquire the share of real estate company GGP that it doesn’t already own for approximately $15.2 billion. GGP rejected a...

Financial News

DemandJump Secures $6 Million Funding Round

DemandJump Secures $6 Million Funding Round

DemandJump, a customer acquisition platform, has completed a $6 million Series A financing round. The capital was funded by a group investors including Revolution’s Rise of the Rest Seed Fund,...

AI-Powered Neighborhood Gift Network Secures $16.5 Million In New Funding

AI-Powered Neighborhood Gift Network Secures $16.5 Million In New Funding

Nift, a start-up network designed to help SMBs match neighborhood businesses with local customers by leveraging AI machine learning algorithms, has raised $16.5 million in Series A funding from Spark...

Tax Cuts Boost Hudson’s Bay Q4 Earnings To $84 Million

Tax Cuts Boost Hudson’s Bay Q4 Earnings To $84 Million

Hudson’s Bay Co., the parent company of Hudson’s Bay, Saks Fifth Avenue, Lord & Taylor and Gilt, drove positive quarterly results despite being unable to end its sales slide. Net...