insight partners

WWD: Saks.com Cutting 100 Jobs, 5% of Total Workforce

Saks.com is planning to let at least 100 employees go, approximately 5% of the ecommerce retailer’s 2,000-person workforce, according to WWD and…

NRF 2023: Saks OFF 5TH CEO Foresees Smooth Sailing for Off-Price Despite ‘Choppy’ Economic Waters

The mood on the street these days could generally be described as gloomy. But as other retailers brace for the impact of…

CommerceHub to Buy ChannelAdvisor in $635 Million Deal

CommerceHub has agreed to purchase the 27.5 million outstanding shares of ChannelAdvisor in a cash deal for $23.10 per share, or approximately…

Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff

Shareholder activists are nothing new — some sources credit Warren Buffet’s mentor Jeff Gramm as the first activist investor, nearly 95 years…

Latest Funding Round Puts $140M into commercetools’ Coffers

Headless commerce solution provider commercetools has secured $140 million in its latest funding round, which was led by global tech investor Accel…

HBC Splits Saks OFF 5TH Into Online and In-Store Businesses — a Path Other Brands May Follow

HBC will spin off the ecommerce operations of Saks OFF 5TH into its own independent entity through a partnership with Insight Partners….

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