RetailData LLC names new president, CEO
Jacob Blondin promoted at Glen Allen-based firm
Glen Allen-based RetailData LLC announced Wednesday that Jacob Blondin has been promoted to president and CEO, replacing Christopher F. Ferguson, who is retiring after more than 20 years with the company.
Blondin most recently served as chief operating officer for the company, which he joined in 2015 as vice president of strategic initiatives. During his time with RetailData, he has overseen the doubling of the company’s field operations in the U.S. and Canada.
“This is one of the most exciting times to be in the retail intelligence space, as retailers define their omnichannel strategies to address conventional, new and ever-evolving competitive disruptions,” Blondin said in a statement. “In the very recent past, retailers were clearly defined as brick and mortar or e-commerce [but] such static definitions we no longer find relevant. We are now seeing these business models converge and the recent COVID-19 pandemic has accelerated this transition by years.”
Founded in 1988, RetailData provides intelligence and data services on the retail industry including pricing, promotion and assortment differences between in-store and online channels. Before joining RetailData, Blondin had worked as an industrial process engineer in the semiconductor industry with intel, followed by leadership positions in the bioenergy industry.