brick-and-mortar

Circuit City, angling for a comeback of sorts, hopes to raise $25M

At the risk of dating myself, I’m old enough to remember the days when Best Buy had a formidable rival in superstore chains: Circuit City. A cross between an appliance store (at least until it s

Owning the earscape market with Lisa Bubbers and Anna Harman from Studs

Welcome back to Found, where we get to the stories behind the startups. Becca and Dom are joined by Lisa Bubbers and Anna Harman, co-founders of the ear piercing company Studs.

Slang taps AI to answer phone calls for brick-and-mortar businesses

For business owners, phone calls can be an enormous time waster. Take the restaurant industry, for example. Calls can lead to more important tasks being overlooked, like doing inventory, balancing sta

Bonside launches with $4.35M to provide growth capital to brick-and-mortar businesses

Here’s how it works: business owners receive growth capital in exchange for a percentage of their business’ revenue, which is paid back in accordance with how fast or slow revenue is accumulated.

Retail tech startup Swiftly valued at $1B after bagging another $100M

Swiftly’s technology taps into that online shopping experience to make shopping at a brick-and-mortar store just as engaging and easy.

The grocery industry’s shopping list: Inventory management, frictionless checkout, computer vision

Technology advancements in recent years are giving startups a shot at providing grocery stores with e-commerce-like features in a brick-and-mortar setting.

Shopic lands $35M to bring its item-scanning ‘smart cart’ tech to more stores

Stores face new challenges in a world forever changed by the pandemic. Amazon and other tech giants are encroaching on their business. But perhaps more urgently, supply chain snarls haven’t gone

Hivery bags new money to automatically optimize product placement on store shelves

Hivery, a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million in a Series B round led by Tiger Global, the embattled private e

Amazon flexes its retail muscle with a brick-and-mortar clothing store

Signaling its ambitions to make a dent in the apparel market, Amazon today opened its first physical clothing store, Amazon Style, in the Greater Los Angeles Area. Offering a twist on the traditional

PayPal makes its ‘Happy Returns’ service free with PayPal Checkout, expands to 5,000+ locations

PayPal is expanding access to the returns service it acquired last year, Happy Returns, by making it available to PayPal Checkout merchants at no extra cost. The payments company said on Monday that m

Swiftly quickly gets brick-and-mortar stores set up to cater to online customers

Swiftly provides the technology tools that democratize the technology lead, enjoyed by Amazon and Walmart, to the rest of the industry.

Amazon to close 68 physical retail locations, including Amazon Books and 4-star stores

Amazon’s physical retail business is suffering a major blow as the company today confirmed to Reuters it will close 68 brick-and-mortar retail stores across the U.S. and U.K. This includes its A

An inclusive new DTC beauty platform secures $3 million in funding — and a supercharged offline strategy

Earlier this week, Thirteen Lune, a direct-to-consumer beauty platform that was launched last year in LA with $1 million in seed funding from Diddy, Gwyneth Paltrow and Beautycounter founder Gregg Ren

Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. The Singapore-ba

Despite limitations, 3D and AR are creating new realities in retail

“Within the next five years, I think we're going to see that having AR and 3D on your dot-com and beyond will be mandatory.”

Cosmose, a platform that analyzes foot traffic in physical stores, gets $15 million Series A

Cosmose tracks foot traffic in brick-and-mortar stores to help predict customer behavior, providing data that is increasingly important as companies try to weather COVID-19’s economic impact. To

Google acquires Pointy, a startup to help brick-and-mortar retailers list products online, for $163M

Google has been on a long-term mission to build inroads into the world of e-commerce by working more closely with brick-and-mortar retailers, and now it looks like it plans to extend that work a littl

Amazon launches physical kiosks in UK train stations, a local extension of its Treasure Trucks

After announcing a year-long pilot of pop-up shops in the UK earlier this week to sell items from smaller marketplace merchants, Amazon has added another development to its brick-and-mortar efforts i

Amazon sellers to hit UK high streets in year-long pop-up pilot

Internet shopping has been blamed for boarding up high streets across the UK. So it looks politically judicious for Amazon, the original ecommerce behemoth, to now be attaching its brand name to a pil

The limits of coworking

It feels like there’s a WeWork on every street nowadays. Take a walk through midtown Manhattan (please don’t actually) and it might even seem like there are more WeWorks than office buildings. Con
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