Relationshop finalized a merger between Mercatus Technologies and Stor.ai. The newly merged company will be called Mercatus, and will operate as a wholly owned subsidiary of Relationshop Inc.
“Mercatus has been at the forefront of serving the digital commerce needs of regional grocers and supermarkets for over 15 years. This merger increases our capability to deliver unprecedented value to our clients by combining our proven technology and e-commerce expertise with the innovative shopper engagement and personalization solutions from Relationship,” says Sylvain Perrier, newly appointed president of North America and global COO.
“The senior leadership team at Mercatus, backed by our board, is wholeheartedly devoted to advancing the connected commerce requirements of grocery retailers,” says Galen Walters, founder and CEO of Relationshop and new CEO of Mercatus. “Grocery retailers need flexible, automated solutions capable of addressing the competitive threat posed by national chains and the loss of control that comes from relying on third-party delivery providers. As we look to the future, we are excited to join forces, enhancing our offerings to uniquely satisfy the evolving demands of supermarkets and our customers worldwide.”
Key takeaways:
- The strategic merger combines Mercatus' enterprise e-commerce platform with Relationshop’s expertise in unifying first-party data and powering personalized digital engagement.
- The combined capabilities will create a connected commerce ecosystem with robust shopper engagement, personalization and loyalty solutions scaled for retailers of all sizes in North America, Europe and the Middle East.
- The company’s client base now extends across more countries and continents with over 1,800 regional grocery chain stores in the United States and more than 400 independent grocery stores globally, including locations in the United Kingdom, France and Canada.
