CommerceHub

Product Veteran Joins TradeCentric to Usher Company Through New Growth Phase

Retrieved on: 
Monday, February 5, 2024

CHARLOTTESVILLE, Va., Feb. 5, 2024 /PRNewswire/ -- TradeCentric, the leading provider of B2B connected commerce solutions powering integration and automation between eCommerce and eProcurement systems, announces Steve Frechette has joined as Chief Product and Technology Officer. Michael Sonier, who has made significant contributions to developing and executing the company's product capabilities over the last 2 years, has chosen to pursue his own personal entrepreneurial dream.

Key Points: 
  • Frechette brings more than 17 years of executive-level product innovation and development experience across complex domains such as eCommerce, data integration and business intelligence.
  • Prior to joining TradeCentric, Frechette served as VP of Product Management and User Experience at ChannelAdvisor Corporation, during which his contributions helped the company achieve double-digit revenue and ACV growth, culminating in a successful acquisition by CommerceHub .
  • "TradeCentric has a strong foundation of product excellence in B2B connected commerce," said Steve Frechette.
  • "I have full confidence in passing the baton off to Steve to lead the TradeCentric product team to new heights"

MikMak unveils groundbreaking platform innovations, including shoppable recipes and one-click purchasing options

Retrieved on: 
Wednesday, December 13, 2023

Research from Forrester notes that U.S. digital-influenced retail sales are expected to reach $3.8 trillion (+7.2%) by 2027.

Key Points: 
  • Research from Forrester notes that U.S. digital-influenced retail sales are expected to reach $3.8 trillion (+7.2%) by 2027.
  • In this context, brands need a better understanding of the channels, platforms, and retailers driving the highest offline sales impact.
  • To overcome this industrywide pain point, MikMak partnered with Circana to create a first-of-its-kind solution to measure the impact of MikMak-enabled digital marketing on offline sales lift.
  • MikMak’s new Shoppable Recipes help brands increase basket value and accelerate sales by transforming recipe content into conversion opportunities directly from their brand websites.

MikMak Unveils Groundbreaking Platform Innovations to Help Brands Measure How Their Digital Marketing Impacts In-Store Sales

Retrieved on: 
Tuesday, December 12, 2023

Measuring the impact of digital marketing on in-store sales: MikMak and Circana’s Digitally Influenced Offline Sales Lift Report

Key Points: 
  • Measuring the impact of digital marketing on in-store sales: MikMak and Circana’s Digitally Influenced Offline Sales Lift Report
    While the majority of brands’ revenues today come from brick-and-mortar sales, today’s consumers are focused on digital.
  • Research from Forrester notes that U.S. digital-influenced retail sales are expected to reach $3.8 trillion (+7.2%) by 2027.
  • In this context, brands need a better understanding of the channels, platforms, and retailers driving the highest offline sales impact.
  • To overcome this industrywide pain point, MikMak partnered with Circana to create a first-of-its-kind solution to measure the impact of MikMak-enabled digital marketing on offline sales lift.

Leading Global Commerce Companies CommerceHub, ChannelAdvisor and Dsco Become Rithum

Retrieved on: 
Tuesday, December 12, 2023

CommerceHub, one of the world’s leading commerce companies, today announced its new name Rithum™.

Key Points: 
  • CommerceHub, one of the world’s leading commerce companies, today announced its new name Rithum™.
  • The company’s next chapter is the culmination of several commerce companies like ChannelAdvisor, Dsco, and Cadeera coming together to power seamless shopping journeys for the world’s largest brands and retailers.
  • Our mission is to build profitable and lasting commerce businesses for the world’s greatest brands, retailers, and suppliers.
  • It’s truly how we operate everyday,” said Bryan Dove, CEO of Rithum.

PAR Technology Corporation Appoints Linda Crawford to its Board of Directors

Retrieved on: 
Tuesday, December 5, 2023

PAR Technology Corporation (NYSE: PAR) a global restaurant technology company and provider of unified commerce solutions to enterprise restaurants today announced the appointment of Linda Crawford to its Board of Directors effective today, December 5, 2023.

Key Points: 
  • PAR Technology Corporation (NYSE: PAR) a global restaurant technology company and provider of unified commerce solutions to enterprise restaurants today announced the appointment of Linda Crawford to its Board of Directors effective today, December 5, 2023.
  • Savneet Singh, PAR Technology CEO and Board Member, commented on the appointment, “We are excited to welcome Linda to PAR’s Board.
  • Linda’s extensive knowledge of enterprise software and proven leadership experience will be a tremendous asset to PAR and our entire management team.
  • Ms. Crawford currently serves on the board of directors and as a member of the corporate governance and nominating committee of Verint Systems Inc. (Nasdaq Global Select Market: VRNT).

Coupa Welcomes Kevin Iaquinto as Chief Marketing Officer

Retrieved on: 
Monday, December 11, 2023

SAN MATEO, Calif., Dec. 11, 2023 /PRNewswire/ -- Coupa, the leader in Business Spend Management (BSM), today announced Kevin Iaquinto has been named Chief Marketing Officer (CMO). Kevin brings more than 25 years of proven, at-scale, technology marketing leadership experience to Coupa. During this ever-changing macro environment, customers need the value and insight derived from partnering with Coupa more than ever.   

Key Points: 
  • SAN MATEO, Calif., Dec. 11, 2023 /PRNewswire/ -- Coupa , the leader in Business Spend Management (BSM), today announced Kevin Iaquinto has been named Chief Marketing Officer (CMO).
  • Kevin brings more than 25 years of proven, at-scale, technology marketing leadership experience to Coupa.
  • "Kevin is a passionate, committed, and proven leader who has run award-winning marketing teams and guided companies through significant scaled-growth phases, acquisitions, and IPOs.
  • Iaquinto brings more than two decades of technology marketing experience to Coupa and was most recently CMO of CommerceHub.

Hudson Hill Capital Announces Investment in MarketTime

Retrieved on: 
Tuesday, December 5, 2023

NEW YORK, Dec. 5, 2023 /PRNewswire/ -- Hudson Hill Capital ("HHC"), a private investment firm founded by Eric Rosen, today announced a significant majority investment in MarketTime, a SaaS platform that offers a comprehensive set of features to facilitate wholesale retail commerce between brands, manufacturer representatives, agents and retailers.

Key Points: 
  • NEW YORK, Dec. 5, 2023 /PRNewswire/ -- Hudson Hill Capital ("HHC"), a private investment firm founded by Eric Rosen, today announced a significant majority investment in MarketTime , a SaaS platform that offers a comprehensive set of features to facilitate wholesale retail commerce between brands, manufacturer representatives, agents and retailers.
  • Chris Happ, Chief Executive Officer of MarketTime, commented, "The MarketTime platform facilitates over $6 billion of wholesale retail commerce.
  • Eric Rosen, Managing Partner of Hudson Hill, said, "This transaction fits well with the HHC approach to investing, helping founder-led businesses inflect their growth through the targeted application of the HHC playbook.
  • Winston & Strawn LLP acted as legal advisor to Hudson Hill.

GTCR Announces Promotions and New Leadership for Portfolio Resources Group

Retrieved on: 
Tuesday, November 7, 2023

CHICAGO, Nov. 7, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the promotions of Jeff Wright to Managing Director and Cameron Rouzer to Principal, along with the promotions of Travis Krueger and Joseph Rubino to serve as Co-Heads of the firm's Portfolio Resources Group (PRG). 

Key Points: 
  • GTCR formed the PRG in 2022 to build intellectual capital and expertise in specific functional areas to further support portfolio company growth and performance.
  • PRG comprises a team of experienced professionals specializing in critical business fields, who work as resources for GTCR portfolio management teams.
  • Mr. Krueger, who joined GTCR in 2005, will also continue to lead GTCR's efforts in Portfolio Data and Analytics.
  • "The appointment of Travis and Joe as Co-Heads of the Portfolio Resources Group is a testament to their leadership and the impact that we are already achieving through the PRG.

TikTok Shop Targets Growth for In-App Shopping with CommerceHub

Retrieved on: 
Thursday, September 14, 2023

LATHAM, N.Y. , Sept. 14, 2023 /PRNewswire/ -- To provide an exceptional in-app shopping experience for its one billion active users, and to accelerate the growth of TikTok Shop, the social media platform is implementing ecommerce solutions from CommerceHub, one of the world's largest commerce networks and provider of software solutions connecting supply, demand, and delivery for retailers and brands globally. By implementing CommerceHub's unified commerce platform including ChannelAdvisor, TikTok will now have the ability to access tens of thousands of brands on CommerceHub's vast network that want to sell and market their products in the popular TikTok Shop.

Key Points: 
  • TikTok Shop is an innovative new shopping feature in the app which enables merchants, brands, and creators to showcase and sell products directly on TikTok through in-feed videos, TikTok LIVEs, and product showcase tab.
  • TikTok Shop leverages the app's ability to cultivate emerging fashion and shopping trends to promote and sell products to TikTok's massive user base.
  • "We're excited to partner with CommerceHub to bring new opportunities to the TikTok community and drive shopping moments directly through TikTok Shop in the US.
  • This integration will enable sellers to efficiently streamline their TikTok Shop by syncing daily operations to their ecommerce platform of choice," said Marni Levine, Head of TikTok Shop Operations, SMB.

MikMak Expands its Role in the Commerce Marketing Ecosystem with Latest Product Enhancement and Addition of NIQ Product Availability Data

Retrieved on: 
Wednesday, September 13, 2023

These enhancements help brands gain access to more powerful insights and commerce capabilities to increase profitability and accelerate growth.

Key Points: 
  • These enhancements help brands gain access to more powerful insights and commerce capabilities to increase profitability and accelerate growth.
  • Additionally, the company announced it has joined the NielsenIQ Partner Network to enable the integration of product availability data.
  • Through its integrations with companies like NIQ, MikMak is building a more connected ecosystem to help brands link their marketing campaigns to in-stock items.
  • Over the next few months, the company is set to expand its product portfolio into other areas of brands’ commerce marketing tech stacks.