JDA Software, Mi9 Retail and ShopperTrak are some recent targets
December 5, 2016
There are few industries that have been disrupted by the Internet more than retail. Twenty years into the online phenomenon, merchants are still struggling to figure out what works and what doesn’t. The long line of store owners that have resorted to the bankruptcy process to survive proves the point. Shopping practices have changed forever, and they aren’t done changing. New devices and new retail techniques mean shopping is truly a moving target. The click-and-collect model is the latest wrinkle, as even e-commerce pioneer Amazon.com Inc. (Nasdaq: AMZN) experiments with physical extensions of its brand.
More M&A activity in the subsector is expected. “The retail supply chain is a very complex one,” says Greg Ager, managing director of Signal Hill, who advised Quantum Retail Technology on its 2015 sale to Versata Enterprises. “Everyone is looking for a single version of the truth. It’s not an easy thing to do, but everyone is trying to do it.”