retail

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

Amazon will finish its nationwide rollout of Prime member discounts for Whole Foods this week

By the middle of this week, all Amazon Prime members will have access to discounts at Whole Foods Market stores across the U.S. — finishing a nationwide rollout that’s part of the retailer

Sneaker market GOAT hires COO Lizzie Francis and makes a play for women sneaker shoppers

GOAT, the secondary marketplace for sneakers that recently merged with Flight Club, is announcing a new hire. Lizzie Francis will join the company as Chief Operating Officer, coming from Brilliant Ven

[Updated] GameStop reportedly discussing buyout with private equity firms

Update: GameStop issued a brief statement confirming it is in “exploratory discussions with third parties regarding a potential transaction,” adding “There can be no assurance any ag

Microsoft is developing its own cashierless store technology, says report

Amazon may be facing new competition from Microsoft on its cashierless, automated store technology, according to a new report from Reuters out this morning. The report claims Microsoft is in the proce

Target’s next-day delivery service, Target Restock, launches nationwide with lower fees

Target is lowering the price of its next-day delivery service for household essentials, Target Restock, which will now be free for Target REDcard purchases and $2.99 for all other orders, as the servi

Amazon’s next conquest will be apparel

Sunny Dhillon Contributor Sunny Dhillon is a partner at Signia Venture Partners. More posts by this contributor The rise of experiential commerce Approaching e-commerce investments in the age of Amazo

Marketing platform Punchh raises $20M Series B to give brick-and-mortar retailers better data analytics

Founded in 2010 as an online loyalty card service, Punchh has since grown into a marketing platform serving more than 115 restaurant chains, including Pizza Hut and Quiznos. Now it’s raised a $20 mi

b8ta unveils Shopify-like solution for retail stores

b8ta, the store founded by Nest alums to sell trendy gadgets, is entering new territory. Today, the startup is launching “Built by b8ta,” which functions as a retail-as-a-service platform

Wayfair’s Android app now lets you shop for furniture using augmented reality

AR-enabled shopping is expanding again today. This time, online furniture retailer Wayfair is introducing an augmented reality feature in its mobile app for Android that will allow customers to visual

CoEdition raises $4 million from NEA and others for its plus-sized shopping site for women

The average American woman is plus-sized, but only 18 percent of clothing sold in 2016 was size 14 or higher. This disconnect in the world of fashion looked like an opportunity to a team of four forme

IKEA U.S. launches a furniture assembly service from TaskRabbit

You can now pay IKEA to help you put together its confusing furniture. The company announced this morning it’s rolling out the new TaskRabbit At-Home Assembly service in select U.S. markets wher

AiFi emerges from stealth with its own take on cashier-free retail, similar to Amazon Go

Farwell, cashier jobs. Following the launch of Amazon’s cashless, cashier-free Amazon Go convenience store in Seattle, a startup called AiFi is emerging from stealth today to announce the availa

Tencent and JD.com each take minority stakes in Chinese retail group Better Life

Long-time collaborators Tencent Holdings and JD.com have each bought minority stakes in Better Life, a Chinese retail conglomerate. According to a filing made on Friday by Better Life, which is traded

Indigo Fair raises $12M to connect wholesalers with smaller retail outlets with a smarter service

Max Rhodes was walking around that weird little parklet in Hayes Valley in San Francisco after taking a break from a five-year stint at Square to figure out what he wanted to do next — and he kept s

Amazon is cutting hundreds of corporate jobs, according to a new report

In a rare move for the online retail giant, Amazon is laying off hundreds of corporate workers in its Seattle headquarters and elsewhere, according to a Seattle Times report. The corporate cuts come a
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