retail

  • Rebuilding retail brick by brick Crunch Network

    Rebuilding retail brick by brick

    There have been numerous speculations on what retailers should do in an omni-channel world. How do they compete in a world where Amazon is undercutting them in prices and offering free delivery through Prime? How should they respond when brands are increasingly ignoring channel conflict and launching their own e-commerce stores to transact directly with consumers? Read More

  • Blispay, the financing program for SMBs, raises $12.75M in seed funding

    Blispay, the financing program for SMBs, raises $12.75M in seed funding

    Big box retailers like Best Buy and Target have all kinds of financing card programs for their customers. But smaller and medium-sized merchants have no way to give their customers the same kind of financing plans. Until now. Blispay is a new startup founded by Greg Lisiewski, formerly of BillMeLater, which was acquired by PayPal for nearly $1 billion in 2008. From that point, he served as… Read More

  • Transforming how retail banking works Crunch Network

    Transforming how retail banking works

    Mobile is changing how people work, travel, read, communicate, shop and many other lifestyle behaviors. In the Internet Trends 2015 report by KPCB, mobile engagement is better than ever, with three hours of time spent per day on mobile devices in 2015 compared to an hour per day five years ago (a 300 percent increase). Adding to this, there was 69 percent and 23 percent annual worldwide growth… Read More

  • UberRUSH Now Delivers The Same Day From Nordstrom, Rent the Runway, Other Big Retail Stores

    UberRUSH Now Delivers The Same Day From Nordstrom, Rent the Runway, Other Big Retail Stores

    UberRUSH, Uber’s merchant delivery service, will now ship purchases within a few hours from household retail names like Nordstrom and 1800Flowers. It typically takes, at least, a few days for deliveries to arrive at your doorstep from most online retailers, but Uber introduced a private API that can integrate into the shopping experience of these bigger companies with the aim to get… Read More

  • FiveStars Gets $50M To Help Small Retailers Run Loyalty Programs Like Their Bigger Rivals

    FiveStars Gets $50M To Help Small Retailers Run Loyalty Programs Like Their Bigger Rivals

    FiveStars, a five year-old startup that has built a platform and app to run loyalty programs and shopping analytics for small brick-and-mortar retailers, has received a reward of its own: the company has raised a round of $50 million, funding that it plans to use to continue its focus on “mom and pop shops” and building its brand and business across the U.S., CEO and… Read More

  • Smartphone-Driven Holiday Sales Nearly Doubled In 2015

    Smartphone-Driven Holiday Sales Nearly Doubled In 2015

    The shift to smartphones as a preferred means of online shopping is continuing to have an impact on the e-commerce industry, according to new data released by Adobe this morning. During the 2015 holiday sales season, including both November and December, smartphones nearly doubled their share of sales over the year prior, accounting for 17 percent of sales versus tablets’ mere 11 percent. Read More

  • Euclid Analytics Raises $20M Series C To Track Consumer Behavior In Retail Stores

    Euclid Analytics Raises $20M Series C To Track Consumer Behavior In Retail Stores

    Euclid Analytics plans to help more companies track customer traffic in their retail stores after raising a $20 million Series C. The funding will be used to acquire clients, add new employees, and build Euclid’s location analytics platform. Read More

  • Hit Or Miss, A Tinder-Like Curated Fashion Shopping App, Looks To Keep Shopping Simple

    Hit Or Miss, A Tinder-Like Curated Fashion Shopping App, Looks To Keep Shopping Simple

    Amber Reyngoudt and Dave Peck want to figure out how to perfect the mobile shopping experience — and they thinks it’s flipping through fewer products, not more. Skull Ninja Labs’ first product is Hit or Miss — a tinder-like interface where users can swipe through a curated set of products and quickly build a profile of the things they like. But the catch is that… Read More

  • Walmart Will Launch Its Own Mobile Payments Service

    Walmart Will Launch Its Own Mobile Payments Service

    Mega-chain Walmart announced today that it plans to offer mobile payments to its shoppers. Called Walmart Pay, the service will launch next year as a feature in Walmart’s existing smartphone app. The company accounts for about 10 percent of retail sales in the U.S., so Walmart Pay can potentially pose a challenge to Apple Pay and Android Pay if enough customers start using it. Read More