PetSmart acquired Pet360 for $130 million in cash and up to $30 million more in future performance-based payments.
(Page 3 of 3)
That’s the challenge all e-retailers face, experts say. Maintenance and support can be a huge resource drain on information technology staff and can inhibit growth, what Walker of Forrester Research calls the “innovation burden.” “There’s a fundamental challenge when retailers support homegrown technology internally,” he says. “They are constrained from moving forward because of limited resources.”
Click Here for the Internet Retailer Top 500 Solution Providers