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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. . Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., Siemens AG and Hewlett Packard Enterprise Co.,

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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. Wayfair is among the major online retailers that see renewed value in print catalogs.

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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

PYMNTS

The decision to close our mall stores was difficult, but ultimately provides an opportunity to maintain our well-respected brand and award-winning products while operating with a smaller physical footprint,” he said. Both have operations online under new owners, reported The Wall Street Journal.

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The Evolving Anchor Stores

PYMNTS

The fate of the malls of America has been a favored topic of discussion in recent years, particularly as the fortunes of malls and their operators have come to look increasingly tenuous. A little under two years ago, while watching the holiday shopping season increasingly unfold online, Karen Webster had a not-so-holly-jolly prediction.

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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? They can be a strategic shift of your franchise, a new product line, or a new operating environment. Online book stores. In 1998, they decided "why don't we sell everything online?" Didn't even exist in 2006.

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Intuit’s Credit Karma Deal, Buy Buttons, Restaurant Apps Top This Week’s News

PYMNTS

Haythornthwaite has served as chairman since May 2006. Speed is the name of the game in the online shopping space. seconds, in fact — to finish the average online shopping purchase. Banga has served as CEO since 2008 when he took over the reins shortly following the onset of the financial crisis. Why DoorDash Is Eyeing An IPO.

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