Data & Analytics

Deerfield, Ill. - Walgreens has named Barry Rosenstein, founder and managing partner of New York City-based hedge fund Jana Partners LLC, to its board of directors. The company is expanding its board it continues moving forward to complete its merger with Alliance Boots GmbH.

Toronto - Staples Canada is expanding its Bullfrog Power partnership to support renewable energy in four additional stores. Through the partnership, Bullfrog Power injects clean, renewable electricity onto the grid to match the amount of energy the Staples facilities use.

Eden Prairie, Minn. - ShopHQ, a multichannel electronic retailer, has selected Manhattan’s Warehouse Management System (WMS) to help the company increase throughput and capacity of its distribution and fulfillment operations. The software deployment is part of an expansion of the company’s Bowling Green, Kentucky-based distribution center, which will more than double in size from 260,000 sq. ft. to 600,000 sq. ft. by the end of 2015.

New York – Worthy, a secure online marketplace for pre-owned luxury goods, will be moving its global headquarters into New York City's jewelry district. The company will be moving into the 28th floor of the Fred F. French building located at 551 Fifth Avenue.

West Berlin, N.J. - E Z Pantry Inc. is expanding its grocery shopping and delivery service to senior citizens and the disabled community. With this grocery delivery service, customers in the South Jersey area including Camden, Burlington, and Gloucester counties can call in their orders and have their food delivered the next day.

New York – Chinese e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) that media reports indicate could be worth as much as $24.3 billion, making it the biggest U.S. initial public offering ever.

According to Bloomberg, Alibaba is seeking a valuation as high as $162.7 million, in the upper end of the proposed price range and higher than that of any other public Internet company in the U.S. except Google and Facebook.

Saks Fifth Avenue is launching a new user-generated content hub on its e-commerce site. Called #SaksStyle and based on the Curalate Fanreel image integration platform, #SaksStyle allows customers to display photos from Instagram, Twitter, Facebook and Tumblr in a social shopping environment.

Here are three reasons to like (and very possibly emulate) what Saks is doing with its latest social venture.

Walgreens has appointed Barry Rosenstein, managing partner JANA Partners, and a second new director to be named to its board of directors as the company continues moving forward to complete its merger with Alliance Boots.
 

As more retailers cope with data breaches, Virtual Piggy, provider of family and teen payment technology Oink, has added Jordan Harris to its team as risk officer.

Harris will be responsible for ensuring that all areas of the Oink offering are protected against payment fraud and ensure that the solution meets applicable laws and regulations. His focus will include working with management to identify and implement enhancements related to the management and monitoring of risk and fraud related functions.

Electrolux has entered into an agreement to acquire the appliances business of General Electric, one of the leading manufacturers of kitchen and laundry products in the United States, for a cash consideration of $3.3 billion.