Retail TouchPoints
MARCH 12, 2021
Lightspeed POS , a provider of cloud-based, omnichannel commerce platforms, will acquire cloud-based retail management software company Vend for approximately $350 million. Lightspeed will leverage Vend’s complementary technology stack and user experience capabilities to deliver advanced commerce capabilities to its growing roster of global clients.
Thrifts and Tangles
MARCH 12, 2021
One of the biggest questions most influencers ask when they first start wanting to work with brands is. The post How Much to Charge for Sponsored Posts appeared first on Thrifts and Tangles.
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Retail TouchPoints
MARCH 12, 2021
Alexandra Wilkis Wilson, Co-Founder of Gilt Groupe and Glamsquad , has launched Clerisy , a growth equity fund, with former L Catterton Partner Lisa Myers. With a focus on serving consumer and tech companies, Clerisy has made its first investment in Dormify , the dorm room and home décor ecommerce brand. Terms of the deal were not disclosed. “We’re thrilled to have Clerisy’s support to accelerate our business at a time when Gen Z is increasingly focused on creating individualized and functional
Retail TouchPoints
MARCH 12, 2021
Nike has created a diversity roadmap that aims to reach 49.5% female employees across the enterprise, and to make the U.S. VP leadership consist of at least 29% racial and ethnic minorities, by 2025. The retailer will enforce the Purpose 2025 Targets program by tying diversity, as well as environmental and ethical goals, to executive compensation for the first time.
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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.
Retail TouchPoints
MARCH 12, 2021
Klarna has acquired Toplooks and integrated the solution provider’s AI-powered shoppable content engine into its platform. The acquisition was made to enable a wide variety of shoppable content in native formats on retailers’ own digital properties, through the Klarna ecosystem and across social channels. These capabilities will complement Klarna’s comparison shopping services (CSS), available through Semtail/Shoptail, another recent Klarna acquisition.
Retail TouchPoints
MARCH 12, 2021
Ulta Beauty is making leadership changes, with plans for its President Dave Kimbell to succeed Mary Dillon as CEO, effective in June. Kimbell also will be nominated to stand for election to the company’s board of directors at the 2021 annual stockholders meeting. Dillon will transition to the role of Executive Chair of the board of directors, where she intends to serve for a one-year term and, along with the board, will continue to help guide strategy while supporting Kimbell in his transition.
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Retail TouchPoints
MARCH 12, 2021
Wayfair has announced that Chief Product and Marketing Officer Ed Macri will retire from the company this year. Bob Sherwin, who has worked alongside Macri for the last eight years and currently serves as VP of Marketing, will assume the role of Chief Marketing Officer. Wayfair is the parent company of a collection of online home goods retailers that include its namesake website as well as Joss & Main , AllModern , Birch Lane and Perigold.
Retail TouchPoints
MARCH 12, 2021
The elements of Retail 3.0 — marketing personalization, contextual relevancy and customer data-fueled brand-retailer collaboration — have largely become part of our reality. Up to this point, the changes that came to pass in the retail industry were largely evolutions of previous changes. Retail 4.0 will be different; the digital transformation of retail will prove to be breathtaking in its scale, scope and speed.
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