Alibaba faces reckoning with once-vaunted ‘new retail’ strategy

In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term “new retail” refers to the seamless integration o

Activist investors are coming for Etsy

Activist investors are coming for Etsy. Elliott Management, the investment management firm known for its aggressive governance tactics, has built a roughly 13% position in Etsy’s stock, CNBC rep

Amazon’s ‘Just Walk Out’ tech now works with employee badges

Amazon’s computer vision and sensor-powered Just Walk Out retail technology, which allows customers to shop at stores and then skip the cashier line when it’s time to check out, is now exp

Google Cloud rolls out new GenAI products for retailers

Google wants to inject a little generative AI into retail. Or to try, at least. To coincide with the National Retail Federation’s annual conference in NYC, Google Cloud today unveiled new GenAI

Why Puma is sticking to its web3 bets as crypto shakes off a long winter

While some brands moved away from web3 in 2023 during a long crypto winter, Puma stayed the course and its head of emerging technology, Ivan Dashkov, told TechCrunch+ it has no intentions of leaving.

Y Combinator-backed Guac trains algorithms to predict grocery demand

Poor grocery demand forecasting is responsible for more waste than you might expect. According to one source, grocery stores in the U.S. toss 10% of the roughly 44 billion pounds of food that the coun

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

Birdseye’s AI-powered chief marketing officer drives personalized email campaigns for retailers

The company offers hyper-personalization email and SMS campaigns and retail transaction data insights from one dashboard.

Qatar fund invests $1B in Ambani’s Reliance Retail at $100B valuation

Qatar’s sovereign wealth fund is investing $1 billion in Reliance Retail as India’s largest retail chain looks to expand its operations and enter new categories. The Qatar Investment Autho

Simbe’s inventory robots score $28 million in funding

Inventory robots are having a moment. Two days back, Swiss firm Verity announced an $11 million raise. That followed a $20 million round from fellow drone inventory startup B Garage, which, in turn, a

Datasembly grabs $16M to give brick-and-mortar retail pricing a big data intel boost

Online shopping often feels like a one-way street from the point of view of the physical retail world: e-commerce has a wider selection, it’s open all the time and there seems to be an endless f

Retail media targeting on the AI maturity curve

Let’s look at the three most important milestones along the road to predictive analysis in the retail media context.

Everseen raises over $70M for AI tech to spot potential retail theft

In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer it

Target will allow you to return items from your car starting this spring

Curbside pickup of groceries and other big-box retailer goods had been growing for years, then boomed during the pandemic, reaching mainstream adoption. Now, Target is taking the opportunity to offer

Crypto makes you more attractive, according to a new Binance survey

In true Valentine’s Day fashion, we’re diving into the theme of love…and crypto? According to a new study by Binance, the world’s largest blockchain by trading volume, crypto could have a posi

Emperia is helping brands like Bloomingdales build shopping experiences in VR

Does the average person want to shop for apparel in virtual reality (VR)? Speaking for myself, it sounds rather cumbersome — having to plop on a headset to browse for, say, trousers as opposed t

Katrina Lake is back as interim CEO of struggling Stitch Fix, 17 months after stepping down

Can Katrina Lake save Stitch Fix? The founder of the nearly 13-year-old, subscription-based online personal shopping service is going to try, returning today to her role as CEO 17 months after steppin

Insite AI raises $19M to help consumer brands figure out their in-store strategies

Insite AI, a platform for consumer packaged goods companies that uses AI to provide recommendations on how to price, distribute and promote their products in physical stores, today launched out of ste

Dame Products expands sexual wellness product line following $7M raise

Dame doubled revenue, customers and employees each year for the past two years, and the new funding gives it runway for product expansion.

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.
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