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Lei Xu to take over as CEO of China ecommerce company JD.com

JD.com Founder Steps Further Out of the Spotlight as President Lei Xu Takes the Helm

Richard Liu will pass the CEO mantle of the company he founded, JD.com, to its current president Lei…

News April 7
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Fetch Rewards worth $2.5 billion after latest funding

Fetch Rewards Raises $240M, Partners with NielsenIQ and TelevisaUnivision

Consumer rewards app Fetch Rewards has raised $240 million in equity and debt in its latest funding round,…

News April 7
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Visual merchandising solution Stylitics has raised $80 million

Stylitics Raises $80M for its AI-Powered Visual Merchandising Platform

Visual merchandising solution Stylitics has raised $80 million in series C funding from PSG Equity, which now holds a minority stake…

News March 28
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Nike pushes forward with its direct-to-consumer strategy after strong Q3 2022

Nike to Double Down on DTC Following Q3 Gains, Plans Standalone Jordan Stores

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build…

News March 23
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Kohl's is reportedly fielding bids from upwards of 20 companies interested in buying its business, including Hudson's Bay.

Kohl’s Confirms it’s in Talks with Potential Buyers, Defends ‘Standalone Strategy’

Kohl’s has confirmed reports that it is in discussion with a number of parties interested in acquiring its…

News March 21
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EV charging station outside the new Amazon Fresh in Seattle

Amazon Combats Climate and Economic Concerns with Investments in Affordable Housing, Green Grocery Stores

Amazon will invest more than $124.4 million to build 1,060 affordable homes near four public transit sites in…

News March 18
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New CFO of Neiman Marcus Group Katie Anderson

Neiman Marcus Group Appoints Former Guess? Exec as CFO

Neiman Marcus Group has appointed former Guess? executive Katie Anderson as EVP and CFO, reporting  directly to CEO Geoffroy van Raemdonck. In…

News March 18
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Dollar Tree Board Shakeup Mantle Ridge

Dollar Tree Settles with Activist Investor, Appoints Former Dollar General CEO to Lead Board

Following several months of pressure from activist investor Mantle Ridge, Dollar Tree has announced the makeup of its…

News March 9
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Kohl's investor update growth strategy

Kohl’s Makes its Case to Investors with Plans for Additional Sephora and Small-Format Stores

At its virtual Investor Day March 7, Kohl’s outlined its strategy to drive growth and “become the retailer…

News March 7
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