Acquisitions, Divestitures & Mergers

Articles about the big moves (acquisitions, divestitures and mergers)

  1. Acquisitions, Divestitures & Mergers

Jason & Scot Show Episode 296 – Guardian Baseball Co-Founder Matt Kubancik

A weekly podcast with the latest e-commerce news and events. Episode 296 is an interview with Matt Kubancik, CEO and Co-Founder of Guardian Baseball Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ????? Episode 296 is an interview with Matt Kubancik (@mattkubancik), CEO and […]
34 min read
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  1. Acquisitions, Divestitures & Mergers

Accelerating Innovation in Turbulent Times with Guest Tim Simmons, Chief Product Officer at Sam’s Club

We’re recording live this week from the just wrapped GroceryShop conference in Las Vegas. Our guest this week is Tim Simmons, SVP & Chief Product Officer of Sam’s Club, who takes  us deep into the transformation process that he’s been helping lead. We learn how Walmart and Sam’s Club have been evolving and accelerating the […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

Walmart expands its virtual presence with Roblox

BENTONVILLE, Ark. — As part of its ongoing quest to meet its customers wherever they are, Walmart on Monday launched two new immersive virtual experiences on Roblox, a metaverse gaming platform. Called Walmart Land and Walmart’s Universe of Play, the spaces are meant to offer unique interactive content and entertainment for Gen Z shoppers, allowing […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

Prof G Markets: The Demise of Chamath’s SPACs, Citrix’s Debt Deal, and Adobe’s Figma Acquisition

This week on Prof G Markets, Scott shares his thoughts on Chamath Palihapitiya’s decision to close two of his SPACs. He then explains why Wall Street Banks are on the hook for $700 million after the leveraged buyout of Citrix, a software company. And in this week’s deep dive, we take a look at why […]
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  1. Acquisitions, Divestitures & Mergers

Couche-Tard Prepares For A More Food-Centric C-Future

Bloomberg has a story about how Circle K owner Alimentation Couche-Tard is developing a series of tactics designed to serve a core strategy – growing its food sales to represent between 20 and 25 percent of sales. The impetus comes from a recognition that the company is too dependent on fuel sales and profits at […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Amazon’s Counterintuitive Next Big Move — Helping Brands Sell Off Amazon

With 2 million third-party sellers accounting for more than half of its retail revenue, Amazon’s relationship with the businesses that sell on its platform has become essential to its success. As those sellers have become more successful though, they have also become more powerful …and more demanding. Many are no longer content to exist solely […]
7 min read
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  1. Acquisitions, Divestitures & Mergers

Petsense by Tractor Supply and Canidae Support Kentucky Animal Shelters During Flood Recovery

Petsense by Tractor Supply and pet food brand Canidae are joining forces to offer relief to animal shelters affected by Kentucky’s flash flooding in July. Local Kentucky animal shelters and the American Society for the Prevention of Cruelty to Animals will benefit from the partnership, which will deliver 1,560 pounds of dog food to these […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

The E-Commerce Customer Experience is Ripe for an Upgrade

Like everybody else, I’ve shopped online significantly more often the last couple of years, sometimes out of necessity, sometimes for convenience and, sure, sometimes out of sheer boredom. In fact, over the past 18 months or so, I’ve bought myself three wristwatches online that, truth be told, I didn’t exactly need. Although the popular watch […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

New Whole Foods CEO Wants To Balance Technology With Retail Theater

Business Insider has a piece about Whole Foods CEO Jason Buechel, who has just succeeded the company’s founder, John Mackey, in the top job. “Buechel plans to roll out more of Amazon’s innovations like its cashier-free Just Walk Out technology and smart shopping carts in stores, he said during a keynote at Groceryshop, an annual […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Nordstrom Swallows ‘Poison Pill’ Following Mexican Retailer’s Stock Purchase

The Nordstrom Board of Directors has adopted a one-year shareholder rights plan, a.k.a. a poison pill, following the purchase earlier this month of 9.9% of the retailer’s stock by Mexican luxury department store Liverpool. The Liverpool stock purchase, valued at $293.8 million, makes the Mexican retailer one of Nordstrom’s largest stakeholders, according to Reuters. While […]
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  1. Acquisitions, Divestitures & Mergers

New Instacart Tech To Connect Physical, Virtual Store Experiences

Instacart yesterday introduced a program it is calling Connected Stores, described as “a bundle of six new Instacart Platform technologies that layer on top of existing offerings, helping grocers bring together the best of online ordering and in-store shopping for consumers.”  The goal, Instacart says, is to “create a unified, personalized experience for customers by […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

WBA announces leadership changes

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Tuesday a new leadership structure for its U.S. business segment with Walgreens president John Standley leaving the company to pursue other opportunities. The new segment will now be organized under two leaders: Pharmacy led by Lee Cooper, and Retail led by Tracey Brown, president, Walgreens Retail […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

PillPack Founders To Leave Amazon Four Years After Acquisition

CNBC reports that TJ Parker and Elliot Cohen, the co-founders of prescription drug startup PillPack who sold the company to Amazon for $750 million four years ago, will lave the company at the end of the month. The story notes that “after the acquisition, Parker and Cohen helped steer the launch of Amazon Pharmacy, the […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

Sticker Shock: DTC Marketing Omnichannel Pivots are Pricey, but Drive Long-Term Profit and Stability

There’s been a great deal of hand-wringing around the advertising industry lately as brands deal with rising marketing costs. Marketing budgets are 9.5% of total company revenue so far this year. Direct-to-consumer brands in particular have been hit hard, with many reporting huge increases in marketing spend in Q1.  There are many explanations. Apple’s ad […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

Retail Fight Club: Can Kohl’s Be Turned Around?, with guest Ethan Chernovsky

“The first rule of Retail Fight Club is to tell everybody about Retail Fight Club.” – Michael LeBlanc This week we debut a new segment: Retail Fight Club, where we debate a contentious issue that just about everyone in retail is talking about. Ethan Chernovsky, Placer.ai’s VP of Marketing returns to the pod and steps […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Walmart Unveils Virtual Try-On Tool

Walmart has rolled out a virtual try-on tool that helps shoppers see how a shirt or another piece of clothing would look on their own bodies. It’s the latest feature the company has added to its website, and it comes following the acquisition of Zeekit, a virtual fitting room startup. Walmart launched its first iteration of the tool […]
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  1. Acquisitions, Divestitures & Mergers

Purple Shares Ascend Following Coliseum Capital Management Acquisition Bid

Purple Innovation has confirmed that investment firm Coliseum Capital Management made an unsolicited, non-binding proposal to acquire all outstanding capital stock of the digitally native mattress company for $4.35 per share on Sept. 17, 2022. The news of the acquisition bid sent shares of Purple soaring to approximately $3.85 when markets opened Sept. 19, 2022, […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

How E-commerce Businesses Can Have a Great Festive Season in 2022

For shoppers, the festive season comprises the much-needed break they deserve from their daily lives to spend quality time meeting friends, family, and colleagues; traveling; buying gifts for their loved ones; etc.   However, for e-commerce retail businesses the next 3 months (From Halloween to New Year) are pretty hectic, as they have to come up […]
5 min read
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  1. Acquisitions, Divestitures & Mergers

6 Ways Brands Can Avoid Gift Card Fraud

Many brands launch gift card programs for all the right reasons: incremental sales, new customer acquisition, brand recognition, build customer loyalty, and more. Plus, consumers thrive on promotions, with 80 percent saying they plan to purchase more gift cards in 2022. However, gift card programs do come with risks. Unfortunately, gift cards are an appealing target […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

Walmart taps virtual try-on technology for Be Your Own Model launch

Walmart is expanding its use of AI powered virtual try-on technology for online shoppers. This hails from the retailer’s 2021 acquisition of the startup Zeekit. Earlier this year, it introduced the first implementation of the tech, Choose My Model, enabling Walmart.com customers to select from various models to find one who best looks like them […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Billionaire Retailer-Manufacturer Gives Away His Iconic Company

The New York Times this morning has the story of Yvon Chouinard, founder and owner of Patagonia, and how, “rather than selling the company or taking it public, Mr. Chouinard, his wife and two adult children have transferred their ownership of Patagonia, valued at about $3 billion, to a specially designed trust and a nonprofit […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Walmart Levels Up Virtual Try-On for Apparel With Be Your Own Model Experience

We are continuing to make bold moves to establish Walmart as a destination for fashion. It started with work over the last few years to expand our assortment of quality, on-trend and accessible apparel and accessories. More recently, it includes prioritizing the creation and introduction of innovative shopping experiences that help customers discover the assortment […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

Gotham Greens Raises $310M+ to Cultivate Greenhouse Growth

Hydroponic greenhouse network operator and plant-based food provider Gotham Greens has raised more than $310 million in new capital, which brings the Certified B Corporation’s total financing to $440 million. The proponent of indoor farming will use the funds to decentralize agricultural production by establishing local operations. Additionally, Gotham Greens will seek to increase access […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Founder of Zara’s parent company to buy U.S. warehouses

Amancio Ortega, the founder of Zara’s parent company, Inditex, is in talks to acquire several warehouses in the U.S. for $905 million that are rented by Amazon.com and FedEx . The planned acquisitions follow two others made by Mr. Ortega in recent months. He acquired a distribution center in Wisconsin for $35 million and another […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

Tuesday Morning Receives $32 Million Lifeline from Retail Ecommerce Ventures and Ayon Capital

Tuesday Morning has received a $32 million investment from Retail Ecommerce Ventures (REV), the parent company of Pier 1 Imports, Linens ‘n Things, Stein Mart and other brands, and Ayon Capital. The funding, along with $3 million in convertible debt financing from certain Tuesday Morning leaders including CEO Fred Hand, will help the troubled retailer […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Costco’s top line grows by over $30 billion in fiscal 2022

CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  1. Acquisitions, Divestitures & Mergers

Five retail technology funding rounds you need to know about

RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
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  1. Acquisitions, Divestitures & Mergers

Walmart + To Offer Home Pickup of Returns

Axios reports that “Walmart+ members in some U.S. markets will be able to schedule to have returns picked up from their doorsteps starting the first week in October … ‘Return Pickup from Home’ is scheduled by app.” Walmart says that “members won’t need to provide a box or a label – simply hand off the […]
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