In today’s top retail news, GameStop has appointed a new executive to help the retailer further its digital transformation, while last-mile delivery tech provider PICKUP has raised $15 million in a Series B funding round. Plus, Walgreens announced that it would provide clients with a connected bank account feature.
GameStop Names Chief Growth Officer Amid Transition To ‘Consumer Obsessed’ Tech Firm
GameStop has named a new chief growth officer to help the retailer advance its digital transformation a week after announcing that it was evolving into a “consumer-obsessed technology company.” Elliott Wilke will serve in the role starting April 5. Wilke has almost two decades of online commerce, consumer goods and branding experience. He has worked for Amazon for the past seven years in various senior positions in areas such as Amazon Fresh, Prime Pantry and Worldwide Private Brands.
PICKUP Lands $15 Million To Help More Retailers Provide Delivery
PICKUP, the last-mile delivery tech provider, has notched $15 million in a Series B funding round headed up by NewRoad Capital Partners that saw the involvement of current investors TDF Ventures, Noro-Moseley Partners and Florida Funders. “PICKUP helps our customers provide advanced Buy Anywhere Delivery Anywhere (BADA) experiences,” PICKUP Founder and Chief Good Guy Brenda Stoner said in a press release. “This funding will allow us to expand our services, enabling more brands and retailers to offer exceptional delivery.”
Walgreens Expands Financial Services Push With Linked Bank Accounts And Debit Cards
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Walgreens said Tuesday (March 30) that it would provide customers with a connected bank account functionality. “We’re pleased to expand our financial services offerings to further enrich the experiences and ways we meet customers’ financial needs,” Walgreens President John Standley said in a press release. “We look forward to exploring and introducing even more customer-focused health and well-being payment initiatives in the near future, while creating new revenue streams.”
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