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Kidd & Company, T-street Capital Team To Acquire DTC Companies

PYMNTS

To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. In that role, he spearheaded the shift to a DTC online brand from a catalog company.

Company 130
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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu The transaction was assessed a huge success by the industry at the time.

ATM 243
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Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

That doesn’t fly in today’s fast-moving and competitive retail world, and smart executive teams know it — which may be why so many of them have been switching out or adding new members of late. At JCPenney, he was tasked with turning things around for the struggling retailer. Specialty pet retailer PetSmart has brought on J.K.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. and Germany. The division processed more than £320bn in payments in 2017.

Capital 100
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Walmart Adds Two Global Governance Leaders To Support Financial Services

PYMNTS

Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As The executive comes to the retailer from Capital One , where he most recently served as vice president of compliance.

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NuORDER Closes $8M In New Funding As It Plans To Release New Products This Year

PYMNTS

According to a press release , the new capital will be used to fund product development and innovation, as well as to scale customer success globally. It is mind-boggling how antiquated the B2B sales process is between brands and retailers. Forrester Research recently reported that the U.S. trillion by 2021.

Branding 100
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78