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Stephan Schambach

Founder of NewStore, Demandware, Intershop & other ventures

Stephan Schambach is a serial entrepreneur known for founding multiple tech companies, leading to two IPOs and a $2.8 billion exit.

His latest venture, NewStore, is at the forefront of transforming retail into app-powered, digitally connected experiences, focusing on mobile-centric solutions in the retail sector.

Stephan's career highlights include founding Demandware in 2004, offering cloud-based eCommerce services, eventually acquired by Salesforce.com for $2.8 billion and now known as Salesforce CommerceCloud.

In the early 1990s, he founded Intershop, one of the pioneering companies in the ecommerce software market, and took it public on both the Frankfurt Stock Exchange and NASDAQ.

Stephan Schambach is the author of 'Makeover: How Mobile Flipped the Shopping Cart' and has a strong educational background with studies at Harvard Business School.

He has held various leadership positions in notable organizations, showcasing a consistent record of entrepreneurship and innovation in the tech and retail sectors.

Highlights

Apr 16 · linkedin

Here at NewStore, Inc., our vision is to make omnichannel simple for retail brands everywhere. I can say this has been quite a ride so far, and many of the world’s best brands now rely on us to provide amazing shopping experiences to their fans.

As a serial entrepreneur, I learned long ago that companies need the right leader at the right time. NewStore is now at a stage where scaling our business has become the most important leadership skill.

Therefore, I’m excited to announce that Michael DeSimone has joined as CEO to guide NewStore in its next growth stage. His proven track record, strategic vision, and deep understanding of the retail and eCommerce technology landscape are exactly what the company needs as we aim to enhance our platform capabilities and continue delivering unparalleled value to our customers.

At the same time, I will continue as Founder and Chairman of the Board, and my main priority will be supporting Mike and the entire NewStore team as we continue to grow.

Check out today’s announcement to learn more about this significant moment for NewStore and what it means for the future of retail technology (the link is in the comments below 👇).

Dec 4 · linkedin

AI in retail is about to hit an inflection point.

The conversation has already started to shift from the opportunities of this new tech to the practicalities of implementation and ethical considerations.

At the same time, there continues to be a growing buzz about futuristic AI use cases. Yet, it's clear to me that many of these ideas are more hype than reality.

I believe any retail technology leader navigating the AI landscape should focus on the following:

  1. Encourage Experimentation Within Your Organization
  2. Take A Pragmatic Approach
  3. Prioritize Integration Over Isolation
  4. Foster Collaboration And Knowledge Sharing

For more info, check out my latest article in Forbes. The link is in my comment below. 👇

#ai #aihype #retailai #retailtech #retailinnovation #retailleadership #futureofretail #forbes #forbesbusinesscouncil

Stephan Schambach
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Location

Boston, Massachusetts, United States