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Movers & Shakers

David’s Bridal Creates Chief Partnership Officer Position As It Aims For Product Category Expansion

David’s Bridal Creates Chief Partnership Officer Position As It Aims For Product Category Expansion

David’s Bridal is continuing its turnaround efforts with the creation of a Chief Partnership Officer role, which will help the retailer maintain the momentum of its expanding partnership department. Nevin...

Lululemon Appoints First Chief Brand Officer

Lululemon Appoints First Chief Brand Officer

Lululemon athletica has named Nikki Neuburger as its first Chief Brand Officer, a role she will begin on Jan. 20. Neuburger will lead the marketing, creative, communications and sustainability functions...

Lowe’s Names Taco Bell Exec To Chief Brand And Marketing Role

Lowe’s Names Taco Bell Exec To Chief Brand And Marketing Role

Lowe’s has named Marisa Thalberg as its new EVP, Chief Brand and Marketing Officer, effective Feb. 10. Thalberg, who will report to Lowe’s CEO Marvin Ellison, brings more than 25 years...

Mergers & Acquisitions

Lucidworks Acquires E-Commerce Implementation Consultancy

Lucidworks Acquires E-Commerce Implementation Consultancy

Lucidworks, an AI-powered search solution provider, has acquired Cirrus10, an e-Commerce solution implementation consultancy, for an undisclosed sum. The companies have been partnering for two years, but with the acquisition,...

Antuit.ai Acquires Forecast Horizon

Antuit.ai Acquires Forecast Horizon

Antuit.ai, a cloud-based forecasting, pricing and personalization solution provider, has acquired Forecast Horizon, an AI-powered markdown, promotions, assortment and allocation SaaS company. The deal will help antuit.ai offer one-stop-shop merchandising...

NCR Acquires Edge Virtualization Solution Provider

NCR Acquires Edge Virtualization Solution Provider

NCR Corporation has acquired U.K.-based Zynstra for approximately £100 Million ($129 million USD).

Financial News

Resident Raises $12.5 Million, Seeks Expansion Into New Product Categories

Resident Raises $12.5 Million, Seeks Expansion Into New Product Categories

Resident, the parent company of brands including Nectar and DreamCloud, has raised $12.5 million through a funding agreement with Liquidity Capital. Resident plans to use the investment to accelerate its...

Summersalt Raises $17M To Expand Into More Apparel Categories

Summersalt Raises $17M To Expand Into More Apparel Categories

Summersalt, a direct-to-consumer swimwear and travelwear brand, has secured a $17 million Series B funding round led by Mercato Partners. With the funding, Summersalt plans to expand into additional apparel...

FlexEngage Raises $6 Million In Funding Round

FlexEngage Raises $6 Million In Funding Round

FlexEngage, a POS marketing services solution designed to enable retailers to personalize offers and communications after a transaction, has closed a $6 million Series A round. The platform provider plans...