News from the ecommerce and digital retail technology industry, from vendors, retailers and brands.
January 23rd, 2021. Instacart, the grocery-focused ecommerce operations business, is laying off 1,877 employees who pick online orders from some of its partner grocery stores. The move is planned for March 2021. In a letter from Joseph Stantucci Jr. partner at lawyers Stinson LLP, Instacart…
January 21st, 2021. Sitecore has announced the appointment of Lee Miles as its new Chief Customer Success Officer who was formerly based in Dubai as Vice President for CEMENA for Red Hat, the company acquired for $34bn by IBM in 2019. Previously Miles held roles…
January 17th, 2021. Investcorp has announced it has acquired a majority shareholding in India-based Unilog and injected capital into the B2B ecommerce software business in order to fund its growth. Unilog listed three strategic priorities for the investment: Unilog CEO, Suchit Bachalli, is quoted as saying…
January 14th, 2021. Commercetools has announced it has been selected by Volkswagen Group subsidiary Car.SW Org to provide cloud-based ecommerce services for the entire Volkswagen Group, including Audi, Bentley, Porsche, Seat and Volkswagen. This will evolve into ecommerce capabilities for complete vehicles, spares, accessories and…
January 12th, 2021. Salesforce has announced a new Loyalty Management product which has been built on the company's Salesforce Customer 360 Platform for release in February 2021. Note this is distinct from both its B2C Commerce and B2B Commerce platforms. All three are separate products.
January 12th, 2021. Intershop has announced its CEO, Dr Jochen Wiechen, will be retiring from the business during 2021. Prior to joining Intershop in 2013 as CTO he was a VP at SAP AG, the ERP vendor. Markus Klahn, currently Intershop's Chief Operating Officer (COO)…
December 17th, 2020. Spryker has announced that it has raised $130m in a Series C financing round, principally from new investor California-based TCV, that also has invested in AirBnB, Avalara, Brightmail, ExactTarget, Klarna, Sitecore, Toast, but also from its (much smaller) existing investors One Peak,…
December 17, 2020. Mirakl has announced that its marketplace software is now being used by Leroy Merlin in that retailer's home country of France, having previously being tested in the competitive ecommerce market of Brazil. A marketplace, in ecommerce terminology, is the presentation of products from…