Market News

Amazon Bolsters Smart Home Product Lineup with $1.7B iRobot Acquisition

Amazon has agreed to acquire robot manufacturer iRobot for approximately $1.7 billion. Best known for its automated Roomba vacuum, iRobot produces a…

ThredUP Has a New CMO After 5 Years Without

Resale platform ThredUP has appointed Noelle Sadler as the company’s first dedicated Chief Marketing Officer in five years. She will report to…

New Ulta VC Fund Will Invest $20M in Emerging Retail Tech

Ulta Beauty has formally launched its venture capital fund Prisma Ventures, which will invest $20 million in emerging technology startups that seek…

The ‘Medtail’ Movement: Amazon Pushes Further into Healthcare with Acquisition of One Medical

Amazon has agreed to acquire healthcare tech company One Medical for $3.9 billion as the race to lead the “medtail” movement continues…

Instacart Elevates 5 Execs to the C-Suite as it ‘Reimagines its Role’ in Online Grocery

Instacart has announced a number of promotions to its C-suite and the creation of two new senior leadership positions — Chief Business…

Gap, Reliance Retail Partner to Sell Brand in India

Gap Inc. has named Reliance Retail Ltd. as its official retailer across all channels in India. The long-term franchise agreement will allow…

Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Back in 2016, Ron Johnson was asked in a fireside chat at Shoptalk about the biggest mistake he had ever made. His…

Pinterest Names Google’s Bill Ready CEO, Underscoring Platform’s Commerce Ambitions

Pinterest Co-founder, CEO and President Ben Silbermann is stepping down after 12 years at the helm, and online commerce expert Bill Ready…

Dollar Tree Clears Out C-Suite With 5 Departures

Leadership shakeups continue at Dollar Tree with the departure of five C-level executives just months after its Board was “reconstituted.” COO Thomas O’Boyle,…

Citing ‘Market Instability,’ Walgreens Decides Not to Sell UK Retailer Boots

Walgreens Boost Alliance (WBA) has decided not sell its Boots and No7 Beauty Company businesses, keeping the combined company intact for now….

Foot Locker Sells School and League Team Sales Division

The Foot Locker Retail division has sold its Eastbay Team Sales division to BSN SPORTS, a division of Varsity Brands that is…

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…

From Merchant-Centric to Customer-Centric: How to Transform Online Product Discovery

Starting Off on the Right Foot: 5 Keys to a Seamless Appointment Scheduling Processes

3 Innovative Video Experiences to Drive Your Retail Advertising Strategy

Intelligent Inventory Optimization THE NEW DILIGENCE AGAINST SUPPLY CHAIN DISRUPTION

The New Marketing Playbook: Tips for CMO Success in a Post-Cookie, Purpose-Focused World

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