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Tyco minds the store with latest acquisition
Security technology specialist Tyco International plc is continuing to expand its focus on providing store analytics to retailers.
Tyco has reached a definitive agreement to acquire ShopperTrak, a global provider of retail consumer behavioral data and location-based analytics, for approximately $175 million in cash.
Based in Chicago, ShopperTrak provides customer traffic and related intelligence to more than 1,200 retailers in 97 countries.
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Burlington board adds Bright Horizons exec
Off-price retailer Burlington Stores named the former president and COO of Bright Horizons Family Solutions as the newest member of its nine-person board.
Mary Ann Tocio, former president and COO at Bright Horizons, joins the Burlington board following a 23 year career at the child care company. She retired in July 2015.
