This week in Retail & Consumer Goods: eBay reshuffles leadership team in bid to boost growth

Mergers, Acquisitions, and Partnerships
Rakuten acquires Fillr to smoothen e-commerce autofill payment experience. 
The Melbourne-based company will help to expand its current suite of E-Commerce solutions. Read More>>
Graybar acquires Shingle & Gibb automation.
The acquisition of Shingle & Gibb Automation will accelerate Graybar’s growth and strengthen their long-term position in industrial automation. Read More>>
Dufry reintegrates Hudson as merger is formally completed.
Dufry will focus on duty-free and duty-paid travel retail as well as opportunities in alternative channels such as airport food and beverage operations. Read More>>
The Home Depot buys MRO product distributor HD Supply.
HD Supply is a distributor of maintenance, repair, and operations (MRO) products to facilities maintenance customers. Read More>>
Flipkart acquires AR startup Scapic. 
Flipkart Group acquired cloud platform Scapic, a company that creates immersive augmented reality (AR) and three dimensional (3D) experiences for e-commerce space. Read More>>
Sephora partners up with Khol’s. 
The partnership will bring prestige beauty into the off-mall retailer, with 850 in-store shops opening in the next three years. Read More>>
eBay partners with Hubbed for click & collect services.
The partnership will expand eBay’s reach, enabling even greater coverage to buyers in regional areas. Read More>>

Executive Movement
Bed Bath & Beyond Inc. hires retail veteran John Welling to lead the planning team.
He will be responsible for helping lead the transformation of Bed Bath & Beyond’s inventory planning and replenishment strategy. Read More>>
WPP’s global client and commerce lead Prasanna Kumar hops over to Alibaba.
Prasanna Kumar has joined Alibaba Group as global media director based in London. Read More>>
Former Conagra, Walmart executives join TreeHouse board.
Jill Rahman & Ashley Buchanan will be valuable as the company continues to refine its strategy and deliver shareholder value. Read More>>
eBay hires Discover’s U.S cards chief to drive growth. 
Julie Loeger will join eBay’s leadership team to focus on its customer base and identifying new growth pathways. Read More>>

Mass hiring and Layoff
Lotte group cuts number of executives by 20%.
The group reduced the number of executives by 20 percent compared to 2019. About 30 percent of the executives stepped down and they limited the number of newly appointed executives to only 10 percent of the total. Read More>>
SuperValu to create 80 jobs in Bray.
The Pettitt Group will expand its family of supermarkets into Bray and are currently recruiting 80 jobs for the region with a new SuperValu. Read More>>
Confluence by Zinnov
The latest edition of Zinnov Confluence – Confluence Europe – has the overarching theme ’Engineering A Post-Pandemic World.’   

The theme centers around the key dimensions of people, process, technology, and business that will enable companies to be ready to succeed in a post-COVID-19 world. 
Vijay Swaminathan, CEO & Co-Founder, Draup, will be presenting a keynote talk on Reskilling for Relevance, where he will share rich insights on how companies need to rethink talent strategies to help redefine and reimagine their business outcomes.  

Read the blog here>>  

Vamsee Tirukkala, COO & Co-Founder, Draup will moderate a Fireside Chat on Ambition.Readiness.Acceleration – Driving Globalization ROI from 3.40 pm to 4.00 pm CET.
Register here for the event
Headlines From The Startup World
Startup Spotlight
Latest Insights & Reports

Retail Tech: Emerging Trends & Outlook: As the lull in business due to COVID-19 slowly lifts, retailers realize that investing in digital will make them more resilient to future shocks. This has inspired a burst in adopting the next wave of retail-tech using AI, ML, AR & VR. 
Read more. 

Flipkart Account Intelligence Report: Flipkart is investing in digital technologies to integrate advanced solutions to its existing business, including automated single pick fulfillment technology for delivery operations & mobile payment technology for instant payments. 
Read more. 

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