Announced
Synopsis
Upshop, a provider of building store operations technology, agreed to merge with Prairie Capital-backed Itasca Retail, a provider of inventory intelligence technology. Financial terms were not disclosed. "Itasca has always shared the Upshop vision of a single inventory record for the entire store. It's time this vision becomes a reality to address the global retail industry's supply challenges. Connecting center store Inventory Intelligence, DSD management, fresh operations and eCommerce fulfillment is the game-changing innovation retailers need to compete," Jeff Kennedy, Itasca Retail Founder.
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