Acquisition

Articles on acquisitions in the retail industry.

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  1. Channel: Ecommerce & Digital

After going public via a SPAC, Taboola acquires e-commerce marketing network Connexity for $800M

Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties, today announced an acquisition to expand its reach further into e-commerce, its first big move since going public in June by way of a SPAC: it is paying $800 million in a combination of cash and stock to buy […]
4 min read
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  1. Media & Marketing

Grocery delivery startup Gopuff eyes $1 billion funding round

Rapid grocery delivery startup, Gopuff, is close to raising approximately $1 billion, valuing it at $15 billion, according to media reports. The venture was last valued at $8.9 billion after a March funding round pulled in $1.15 billion. The latest round will include participation from Blackstone Group, and also existing investor Fidelity. Gopuff is using […]
3 min read
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  1. Operations & Supply Chain

Is Uber the Next UPS?

As Uber continues to build out its logistics business, Uber Freight will acquire Transplace for $2.25 billion, including up to $750 million in Uber Technologies common stock with the remainder in cash from TPG Capital. . The combined companies will seek to combine Uber Freight’s network of digitally-enabled carriers with the Transplace shipper technology and […]
3 min read
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  1. Technology & Innovation

Instacart enlists Fabric for robotic fulfilment centres initiative

Instacart has announced plans to offer automated fulfilment as a service to grocers in North America, and it has inked a multi-year deal with Fabric as part of the initiative. The service will combine Fabric’s software and robotics with Instacart’s proprietary technology and gig shoppers for fulfilment inside dedicated warehouses and existing retailer locations. Instacart […]
3 min read
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  1. Shopper & Customer

Snap Acquires Vertebrae to Enhance AR Capabilities

Snap has acquired 3D and AR commerce company Vertebrae in order to expand its services for retail clients. The deal will give the visual social network a leg up from competitors, which have all been attempting to expand and optimize their social commerce offerings. Vertebrae’s entire 50-person team will join Snap, with Vertebrae CEO Vince […]
2 min read
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  1. Channel: Marketplace

Why Online Marketplaces are Outpacing Ecommerce in a Post-COVID World

Consumer shopping habits have shifted irreversibly towards ecommerce in the past two years. For many, every day has become a holiday as new packages arrive from their favorite online retailers. One surprising aspect of this shift is how retailers have adapted their businesses in response. According to Mirakl’s Enterprise Marketplace Index (“the Index”), while traditional […]
4 min read
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  1. Channel: Convenience

Independent C-Stores Struggle to Compete with 7-Eleven

  How can independent C-stores keep up with the grocerant niche fresh food fast undercurrent over flowing from 7-Eleven driven by customer consumption and adoption?  Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated, “it’s not easy, however they must first simply follow the trends in foodservice and put their own local spin […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

Zoom Zooms In On Contact Center, Acquires Five9 To Capitalize On Its Momentum In The Enterprise

Zoom went big and didn’t go home. In the largest acquisition deal in the contact center industry, Zoom announced its intent to acquire Five9 (a cloud contact center provider) for $14.7 billion — a solid move by the most recent tech vendor to have become a verb in our vernacular (Google, Uber, Venmo, etc., being […]
< 1 min read
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  1. Channel: Grocery

C&S Acquires Piggy Wiggly Midwest

C&S Wholesale Grocers said that it has made a deal to acquire Piggly Wiggly Midwest, which “operates corporate stores and services independent franchisees under a chain-style program … As part of the acquisition, C&S will operate 11 Piggly Wiggly(R) Midwest corporate stores and service 14 Butera Market stores in the Chicagoland region, as well as […]
< 1 min read
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  1. Shopper & Customer

Zoom Acquires Five9 for $14.7B to Bolster Customer Service Offerings

Zoom Video Communications has agreed to acquire Five9, a provider of cloud-based contact center solutions, in an all-stock transaction valued at approximately $14.7 billion. With the acquisition, Zoom said it aims to build “the engagement platform of the future.” Taking a stake in the $24 billion contact center market also offers the company a nice […]
2 min read
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  1. Channel: Grocery

Uber Expands Same-Day Grocery Service to 400 Cities with Plans to Go National

On-demand and scheduled grocery delivery services from Uber Technology have now expanded to 400 towns and cities in the U.S., more than doubling the availability of the offering.   Both Uber and Uber Eats are making deliveries in markets including San Francisco, New York City and Washington D.C., and the company plans to have nationwide coverage […]
2 min read
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  1. Data & Insights

Successful Retail Marketing Requires a Skilled ‘Data Translator’

Mastering data is critical for retailers, particularly those serving specialty areas. The ability to reach consumers at the moments in time when they’re likely to make — or at least consider — key purchase decisions is the ultimate marketing challenge. This was especially true when COVID-19 accelerated triggers resulting from life events that motivated more people to […]
4 min read
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  1. Channel: Ecommerce & Digital

Hustle Exec: Ecommerce Firms Should Acquire Content Providers

Adam Ryan joined The Hustle in August 2016, four months after its launch. He was a part-time employee responsible for generating advertising revenue. By February 2021, when HubSpot acquired it, he was president. Ryan is now an investor and consultant, advising companies on content strategies that engage prospects. The post Hustle Exec: Ecommerce Firms Should […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

Eddie Bauer Aims to ‘Eliminate Barriers to the Outdoors’ with New Rental Program

Eddie Bauer is following the lead of other top retailers and getting into the rental business with the launch of a new program that will allow customers to rent its technical apparel and gear at “a fraction of the full retail price.” In the outdoor category, Eddie Bauer is a bit late to the game […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

C&S Wholesale Grocers to Acquire Piggly Wiggly Midwest

Deal is expected to close in late July. Consolidation fever continues to grip the grocery industry as New Hampshire-based C&S Wholesale Grocers announced Thursday that it is buying Wisconsin-based Piggly Wiggly Midwest. As part of the acquisition, C&S will operate 11 Piggly Wiggly Midwest corporate stores and service 14 Butera Market stores in the Chicagoland region, […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Investment firm’s SPAC Banner Acquisition files for a $150 million IPO

Banner Acquisition, a blank check company backed by Banner Ventures, filed on Thursday with the SEC to raise up to $150 million.The Lehi, UT-based company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half
< 1 min read
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  1. Shopper & Customer

Brands Matter too Digital Native Generations

  How much would you pay to get a new customer for life?  That is the question foodservice retailers should be asking themselves according to Steven Johnson, Grocerant Guru®at Tacoma, WA based Foodservice Solutions®. Johnsonbelieves that the cost of a lifetime customer and cost of customer acquisition need to be top of mind for every […]
4 min read
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  1. Acquisitions, Divestitures & Mergers

A Culture-First Approach to Digital Service & Experience

Innovative brands and retailers look at service as a revenue-driving part of the organization, and commit to creating an experience that’s contextual and seamless. During this Retail ThinkTank brainstorming session, Mayur Anadkat, VP of Marketing at Acquire, will share why the future of digital service is built around giving the customer control over service channels, […]
< 1 min read
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  1. Acquisitions, Divestitures & Mergers

Amazon Seller Acquisition Market Seeing Unprecedented Activity

For both tuned-in sellers and aggressive aggregates, business on Amazon is booming. Aggregators acquired more Amazon marketplace sellers in the last three months than the last two years, noted Ryan Gnesin, CEO of Elevate Brands, one of the most active Amazon seller aggregate organizations.
< 1 min read
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  1. Owned Brands (Private Label)

MPB Careers: Chewy – Head of Brand Management – Private Label

MPB Careers: Chewy – Head of Brand Management – Private Label Dania Beach, FL About Chewy Chewy is revolutionizing the pet industry as one of the fastest-growing e-commerce retailers of all time. We offer a convenient way to shop for pet supplies within a highly personalized experience that’s fueled by superior customer care. Headquartered in […]
3 min read
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  1. Technology & Innovation

The SPAC boom isn’t just here to stay, it’s changing consumer tech

Mike Murphy Contributor Mike Murphy is the founder and CEO of Rosecliff Ventures, a New York City-based investment firm focused on venture capital and private equity opportunities. Consumer technology is an inherently risky investment sector: even the best idea can fall flat if the story of the product is not sold properly to the end […]
4 min read
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  1. CPG & FMCG

Health & Wellness Product Attributes with Label Insight’s Tim Whiting & NielsenIQ’s Josh Goldman

The CPG Guys, Sri & PVSB, are joined in this episode by Tim Whiting, VP of Marketing at Label Insight and Josh Goldman VP NA Product Operations at NielsenIQ. In May of 2021, NielsenIQ announced the acquisition of Label Insight. This is the third episode in a 3 part series with Label Insight. Follow Label […]
2 min read
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  1. Channel: Ecommerce & Digital

Jason & Scot Show Episode 269 – Amazon and Instacart get new CEOs, other news

A weekly podcast with the latest e-commerce news and events. In episode 269 is a recap of Amazon and Instacart news as well as other industry news. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ????? Breaking News: Instacart has appointed Facebook executive Fidji […]
27 min read
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  1. Media & Marketing

5 Marketing Strategies To Help You Find New Customers

Acquiring new customers and keeping existing ones is the number one priority for any business that is keen on staying afloat. Yet, the pandemic disrupted client acquisition tactics forcing retail businesses to adopt new mechanisms to attract and keep customers. This post highlights some of the marketing strategies businesses can deploy to not find new […]
3 min read
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  1. Channel: Convenience

Blurring the line between Franchisor and Franchisee

  While the world is reopening after the pandemic, the shakeout within the restaurant sector is just beginning, to be uncovered.  Many legacy restaurant brands are asking themselves; where do we go from here. All the while banks are flooded with extra case as consumer savings has skyrocket to all-time highs in large part due […]
4 min read
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  1. RetailWIt QuickWit

Daily QuickWit (7/22) – Top Retail News of the Day

Here’s what was interesting in Retail today: Coca-Cola spurs 42% revenue growth (now $10.1B) after returning to pre-pandemic marketing spend (which doubled YOY). They invested in innovation, quality, and targeted allocation with their increased spend and beat earnings and revenue expectations in Q2. Target, Bed Bath and Beyond Open Doors To Third-Party Boutiques. The Store-within-a-store […]
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  1. RetailWIt QuickWit

Daily QuickWit (7/20) – Top Retail News of the Day

Here’s what the RetailWit crew is reading today: Salesforce projects retailers will pay extra for goods in the second half—to the tune of $223B (+62%) YOY. It’s expected to come from a staggering increase in logistics (+$163B), suppliers (+$12B), and wage expenses (+$48B). Uber partners with Albertsons to expand grocery delivery. It is their biggest […]
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