retail

Weed in space is going to be a thing now

Scientists interested in cannabis as a subject for pharmaceutical studies may find an unlikely new home for their research into the plant, its byproducts and biochemistry aboard the International Spac

Job Today gets a $16M top up as it preps for Brexit bump

Accel-backed mobile-first jobs app Job Today has pulled in another $16M — an expansion to its November 2016 $20M Series B round. It raised a $10M Series A in January of the same year. The 2015

Uppercase raises $3.5M to help e-tailers open brick-and-mortar stores

Uppercase is launching out of stealth with $3.5 million in VC funding to help direct-to-consumer brands expand into the physical world. Lerer Hippeau has led the round, with participation from CRV and

Shoes of Prey presses pause to select a business sale or pivot

Shoes of Prey, a Khosla Ventures-backed shoe retailer whose website let women customize footwear purchases by selecting the color and material of the sandals or pumps they wanted to order as well as t

Australia’s Simple lands $17M to grow its marketing intelligence platform worldwide

Simple, an Australia-based business that operates a platform for managing marketing strategies and campaigns, has pulled in $17 million to expand its business in the U.S. and other global markets. The

Moosejaw is the first of Walmart’s acquired brands to open a digital store on the site

Last year, Walmart acquired outdoor retailer Moosejaw for $51 million –  a company that’s now one of several brands Walmart picked up during a speciality retail buying spree, along with

Amazon opens its second Amazon Go convenience store

Amazon this morning announced the opening of its second Amazon Go convenience store, which is again located in the retailer’s hometown of Seattle. The new store is 1,450 square feet in size &#82

Target’s same-day delivery reaches 1,100+ stores, Drive Up to reach 1,000 by year-end

Amazon may be betting on the convenience of cashier-less stores, but Target is instead focused on order-ahead e-commerce. The company’s Drive Up service, which allows shoppers to place orders on

Walmart and Kobo launch Walmart eBooks, an online e-book and audiobook store

In January, Walmart partnered with Japanese e-commerce giant Rakuten on online grocery in Japan, as well as the sale of audiobooks, e-books, and e-readers in the U.S. Today, Walmart is capitalizing on

Farfetch files for IPO to trade on NYSE as FTCH; has nearly 1M active users of its luxury goods marketplace

Farfetch, the UK-based marketplace for high-end fashion and other luxury goods, has confirmed its plans to go public. According to an F-1 form filed with the SEC, the company plans to list on the New

Shelf Engine uses machine learning to stop food waste from eating into store margins

While running Molly’s, the Seattle-based ready meal wholesaler he founded, Stefan Kalb was upset about its 28 percent food wastage rate. Feeling that the amount was “astronomical,” he began rese

Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia

Walmart sold its China-based e-commerce business in 2016, but the U.S. retail giant is very much involved in the Chinese internet market through a partnership with e-commerce firm JD.com. Alibaba&#821

Starbucks partners with Alibaba on coffee delivery to boost China business

Starbucks is palling up with Alibaba as it seeks to rediscover growth for its business in China. China has been a bright spot for some time for the U.S. coffee giant, but lately it has struggled to ma

Sokowatch closes $2 million seed round to modernize Africa’s B2B retail

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African financial technology startups move beyond paymen

Founders Factory signs Marks & Spencer as exclusive UK retail investor

The model of building vertical market-specific accelerators is now well known, but in the UK, Founders Factory, which has emerged from Lastminute founder Brent Hoberman’s stable of projects, is pois

Prime Day boosted other large retailers’ sales by 54%, says report

Amazon’s Prime Day again broke records this year, but the sales holiday also boosted sales across the broader U.S. e-commerce industry. According to Adobe Analytics data released this morning,

Amazon puts its own devices on sale early for Prime Day

Amazon is kicking off today’s Prime Day a bit early. Although its annual sale technically begins at 12 PM PT / 3 PM ET this afternoon, it put its own devices on sale 12 hours early. The company

MallforAfrica and DHL launch MarketPlace Africa global e-commerce site

MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to se

Seattle gets its first staffed Amazon pickup delivery hub

You’d think Seattle would be first in line for all things Amazon, but apparently the online retailer’s home city didn’t yet have a dedicated brick and mortar Amazon pickup location.

b8ta raises $19 million Series B led by Macy’s

b8ta, the retail-as-a-service startup, has closed a $19 million Series B round led by Macy’s, with participation from Sound Ventures, Palm Drive Capital, Capitaland, Graphene Ventures, Khosla Ve
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