B2B Inventory Marketplace Raises $40M in Funding Round
The private b2b marketplace for worldwide brands to sell surplus inventory to new buyers, raised $40 million in Series C funding led by L Catterton with participation from existing investors.
Bootdoc Hotronic Expands Team with New Hires
Jay Vasquez was hired as a sales and product manager, working collaboratively with company Sales Director Ryan Eittreim. Robert Jones joins the company’s customer service team.
Winnebago Brand’s Towable RV Division Finds New Leader
Effective November 1, Don Clark, president of Grand Design RV, will be promoted to group president of the company’s Towable RVs division while continuing to lead the Grand Design RV brand. The company’s will remain separate to stay competitive.
FeatherSnap Moves to Brick-and-Mortar Retail
Wi Fi enabled smart bird feeders include advanced camera technology with ornithologist-trained AI to watch birds feed from anywhere worldwide. The equipment also captures high-res photos and videos.
Report: Inflation Likely to Restrain Sales on Black Friday/Cyber Monday
A recent YouGov report report found that U.S. consumers expect to spend less during these iconic shopping days, with 27 percent planning to spend less and just 9 percent increasing their spend from last year.
Walmart U.S. Appoints Chief Growth Officer
Seth Dallaire, the retailer’s chief revenue officer, was named chief growth officer for Walmart U.S. Walmart’s U.S. Chief Product Officer, Jon Alferness, is leaving the company, but will work in an advisory role through the end of the year.
National Ski Areas Association Appoints New President and CEO
Mike Reitzell’s official start date will be determined based on the transition needed to bring in a new leader at Ski California. He will continue to lead Ski California until the company finds his successor.
Nordstrom’s Head of DEI Departs
Colleen Mitchell, has left the company after just over two years in the role. Before joining Nordstrom in August 2022, she was head of DEI at Petco and prior to that, held a similar role at Amazon.
EBay Bans Private Sales of E-Bikes in the United Kingdom
EBay is clamping down on private sales of e-bikes and e-bike batteries on its U.K. platform following concerns about fire safety; however, it is unclear how the new rule will impact fire concerns.
Modern Meadow Appoints CEO
Dr. Williamson will transition from president and chief operating officer to chief executive officer, effective October 14. He has worked in multiple roles since 2015 for the Bio-Vera sustainable-materials brand.
Optima Cycles Acquires Dolly Bikes
Amsterdam-based e-bike and electric cargo bike manufacturer Optima Cycles strengthens its position in the growing e-cargo bike market with the acquisition of Dolly, the e-cargo bike brand based in Utrecht, Netherlands.
Board Retailers Association Adds Advisory Member to Board
The non-profit, supporting independently owned surf, skate, snow, and wake retailers, said Dan Jablons has helped independent retailers throughout his long career in the industry.
Survey: Inflation a Top Concern for Holiday Shoppers
Manhattan Associates, Inc.’s 2024 Supply Chain Confidence Survey found that 85 percent of consumers cited inflation and increased prices as a top concern for how they will shop for the upcoming holiday season.
Iconic Vasque Brand Discontinued by Parent Red Wing
Red Wing Shoe Company issued a statement confirming that its Vasque outdoor boot brand is being discontinued.
Galfer Appoints New Global Marketing Director
Guillermo Font is a 20-plus-year marketing and brand development veteran who has worked across various sectors and countries, driving growth and innovation.
