Inside Retail

FEBRUARY 19, 2022

The Lego Foundation has launched a US$143 million global challenge to fund initiatives that make a positive impact on the young. The launch of the fund coincides with the Lego brand’s 90th anniversary. The post Lego Foundation launches US$143m fund for childhood development appeared first on Inside Retail.

Planning 264

Planning ATS 264

Retail TouchPoints

AUGUST 12, 2021

Through these acquisitions, Gopuff plans to operate in the UK, France and Spain with approximately 40 microfulfillment centers and 200 employees in the region, with additional plans for rapid expansion. Earlier in August the company raised $1 billion in new funding at a $15 billion valuation. That’s on top of the $1.15

Planning 299

Planning Customer Experience Consumer Marketing 299

Retail TouchPoints

JANUARY 30, 2023

million in seed funding it recently received from Rose Park Advisors. “With our seed funding, we’ve built an end-to-end experience to serve people in and around Norwood in a way that can be replicated in suburbs nationwide. fueled by $10.1 of all U.S. grocery sales by 2026, according to Mercatus. .” of all U.S.

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Retail TouchPoints

APRIL 9, 2021

million in bridge funding from its existing group of fintech and ecommerce business investors. The new capital brings the company’s total funding to more than $67.5 We have a strong playbook for growing these brands post-acquisition and this bridge funding will enable us to maintain our momentum.”. million in 2021.

Fulfillment 276

Fulfillment Planning ATS 276

Inside Retail

SEPTEMBER 25, 2023

With this backdrop, Ebay, supported by the Australian Fashion Council, has introduced the Circular Fashion Fund. This initiative pledges $200,000 in funding for Australian start-ups, that are working to change customer behaviours within the fashion industry, and advance the circular economy.

Fashion 264

Fashion Consumer Marketing ATS 264

Retail TouchPoints

MARCH 8, 2023

Brand management firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6

Brand Management 257

Brand Management Management Fashion Marketing 257

Retail TouchPoints

MARCH 4, 2022

. “Demand for our technology is accelerating at a rapid pace, and we now have a waiting list of over 1,100 additional hosts.”. million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital. The Host Co.

Boutique 273

Boutique Marketing ATS Customer Experience 273

Retail TouchPoints

NOVEMBER 30, 2023

Online pet care marketplace Rover Group has been acquired by private equity funds managed by Blackstone in an all-cash transaction valued at approximately $2.3 Rover was created to provide an alternative to relying on friends, family, neighbors and/or boarding facilities for pet care.

Planning 240

Planning Management ATS Marketing 240

Inside Retail

APRIL 7, 2024

For this month’s Retail Untangled podcast series, Amie Larter of Inside Retail talked with Alita Harvey-Rodriguez – the founder of MI Academy, and the brains behind HackGames – and Jack Howes, head of funding and partnerships at HoMie. HoMie is about 70 per cent self-funded, with the balance coming from private donations.

Finance 264

Finance Fulfillment Planning Customer Experience 264

Retail TouchPoints

JUNE 9, 2022

The funding comes from the Sustainable Investing Business within Goldman Sachs Asset Management, alongside majority shareholder STORY3 Capital Partners. Recover , a materials science company that produces sustainable premium recycled cotton fiber and cotton fiber blends, has received $100 million in minority equity capital.

Apparel 238

Apparel Fashion Management Consumer 238

Retail TouchPoints

JULY 13, 2022

Secondhand furniture reseller Kaiyo has introduced its services on the West Coast with a launch in Los Angeles following its generation of $36 million in Series B funding. This most recent round brings the company’s funding to nearly $50 million , which will support Kaiyo’s expansion beyond Northeast U.S. Kaiyo’s L.A.

Payment Services 286

Payment Services Sporting Goods Apparel Promotions 286

Retail Gazette

APRIL 9, 2024

Over eight initiatives will be funded through the Plan A Accelerator Fund this year, with some looking at energy, recycling, technology and water. This aims to reduce HVAC costs by up to 30% and when run across the M&S estate, it could save an estimated 2,000 tonnes of carbon and around £3m annually.

Planning 115

Planning Fashion Marketing ATS 115

Retail Gazette

JANUARY 30, 2024

The supermarket will use the proceeds of the sale to “fund further investment in the grocery and food making businesses, as well as significantly strengthening the business’s capital structure” The grocer is expected to use some of the funds to pay down part of its £5.17bn debt pile.

Supermarket 119

Supermarket Wholesale Grocer Planning 119

Retail TouchPoints

MARCH 1, 2022

The partnership also includes Circle K making an equity investment in Farmstead through the Circle K Venture Fund. Food delivery, particularly rapid delivery, has been a hot space in the past several months. Additionally, both retailers will collaborate on distribution and co-marketing across a variety of new projects.

Grocer 260

Grocer Fulfillment Marketing Consumer 260

Retail TouchPoints

FEBRUARY 8, 2022

GameStop made headlines for more than just rapidly shuttering stores and rocketed to “meme stock” status in early 2021 when small investors teamed up online and purchased shares that turbocharged the company’s stock price, forcing hedge funds that had bet against the flailing retailer to lose billions. Creators from gaming studios, web 3.0,

Fulfillment 305

Fulfillment ATS Marketing 305

Retail TouchPoints

AUGUST 3, 2021

Digital convenience store Gopuff has raised $1 billion in new funding at a $15 billion valuation as the retailer sets the pace for the c-store last mile. The funding will build upon the $1.15 The company is focused on meeting “instant needs,” offering rapid delivery for a flat $1.95 delivery charge.

Fulfillment 306

Fulfillment Customer Experience Management Marketing 306

Retail TouchPoints

FEBRUARY 17, 2022

However, last-mile delivery companies have seen comparatively less funding, collecting only around $1 billion of the $11 billion invested globally over the past decade. . Dark stores are spaces established in commercial buildings that are organized and optimized for the rapid fulfillment of online orders. The recent $5.25

Fulfillment 336

Fulfillment Marketing Location Planning 336

Inside Retail

SEPTEMBER 6, 2022

PayPal Giving Fund says it has now raised $200 million to support Australian charities since launching the initiative in 2018. The fund allows partner programs to support thousands of Australian charities through digital fundraisers, microdonations at checkout, employee giving programs, and other initiatives.

Checkout 130

Checkout ATS 130

Retail TouchPoints

MARCH 10, 2023

Shein is reportedly set to raise $2 billion in new funding this month, while Wish is continuing its attempts to win back consumers, most recently by opening its platform to more than 18,000 new European merchants. For the latest round of funding, Shein reportedly cut its valuation by one-third from a year ago, to $64 billion.

Shipping 217

Shipping Consumer Shopping Apparel 217

Inside Retail

MARCH 10, 2024

In 2021, Harry’s Inc closed a US$155 million Series E round of funding that gave the company a US$1.7 billion valuation and over US$650 million in total funding raised since the company’s launch. This diversification of brands reportedly helped Harry’s Inc to grow its profits by 47 per cent from 2020 to 2021 alone. per cent.

Marketing 130

Marketing Returns Consumer Management 130

Retail TouchPoints

JULY 12, 2021

billion in fresh funding and is now valued at $37.6 The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market. The Flipkart Group — India’s homegrown digital commerce conglomerate that is majority-owned by Walmart — has raised U.S.

Wholesale 256

Wholesale Social Commerce Fashion Consumer 256

Retail TouchPoints

MAY 2, 2022

Bolt has been growing rapidly and attracting serious attention from investors, most recently in the form of a $355 million Series E funding round that brought its funding total to nearly $1 billion. The stake would be worth approximately $500 million based on Bolt’s current valuation.

Checkout 272

Checkout Shipping Payment Services Accounting 272

Inside Retail

APRIL 28, 2021

“Rundle Place is a landmark asset and has been acquired by the Irongate Templewater Australia Property Fund,” said Graeme Katz, Irongate Group chief executive. Our wholesale funds management program allows us to take advantage of these kinds of deep value opportunities and we look forward to working with Fortius on unlocking further value.”

Wholesale 245

Wholesale Supermarket Shopping Management 245

Inside Retail

DECEMBER 1, 2022

The acquisition will be funded by an institutional placement of about 2.3 The pizza chain says it will use the money to expand its global footprint while any surplus funds will be used for debt retirement. million new shares at $66.38 per share, indicating strong support from existing and new investors.

Planning 130

Planning Marketing ATS 130

Rangeme

APRIL 22, 2024

Without sufficient funds to invest in inventory, marketing, and infrastructure, even the most promising ventures can struggle to gain traction. It’s important to ensure you fully understand the pros and cons of the funding solutions you may be considering.

Payment Services 52

Payment Services Finance Promotions Marketing 52

Retail Minded

MARCH 29, 2024

This creative financing allows fast access to funds without fixed monthly loans, which is helpful for rapid growth needs. Investors provide funds to companies while earning higher returns than other fixed-income investments. Term loans allow you to fund significant expenses like constructing a new retail space.

Finance 95

Finance Merchant Services Payment Services Boutique 95

Inside Retail

APRIL 16, 2023

According to Forbes the business was unprofitable, losing $10 for every delivery it made (that figure was closer to $40 per order at one point), and after being unable to secure a new line of funding , it simply couldn’t afford to operate anymore.

Supermarket 246

Supermarket Marketing Management ATS 246

Mass Relators

APRIL 8, 2024

ZAANDAM, the Netherlands – Five of the world’s leading grocery retailers have come together to establish a pioneering collaborative venture capital (VC) fund, W23 Global. W23 Global is led by CEO and Chief Investment Officer (CIO) Ingrid Maes who currently leads Woolworths Group’s innovation fund, W23 Australia. “As

Customer Experience 52

Customer Experience Marketing 52

Retail TouchPoints

APRIL 26, 2022

Rebag, which raised $33 million in funding in December 2021, uses its in-house Clair Technology Suite to rapidly price bags from the top 50 luxury brands in order to simplify the listing process for sellers.

Jewelry 235

Jewelry Accessories Promotions ATS 235

Retail TouchPoints

AUGUST 9, 2022

The transaction will be funded with cash on hand and is currently expected to close during the retailer’s Q3 2023, which will occur in late 2022. We saw sales soften in July as our customers have been increasingly impacted by rapid inflation, so we’re revising guidance to align with these trends,” said Drosos.

Jewelry 253

Jewelry Consumer Marketing Shopping 253

Retail TouchPoints

FEBRUARY 5, 2021

California online grocery delivery service Good Eggs has received $100 million in new funding and appointed former Walgreens Boots Alliance executive Vineet Mehra as Chief Growth and Customer Experience Officer. Good Eggs is experiencing rapid growth with strong unit economics and is well-positioned to become a category-defining leader.

Customer Experience 173

Customer Experience Marketing Planning ATS 173

Inside Retail

MAY 9, 2023

The move into insurance is supported by the company’s Series C $125 million funding round in late 2021. The pet industry is booming in Australia, and leading online pet supplies retailer Pet Circle is taking advantage of the opportunity to expand its offering, with the brand entering the pet insurance market. billion over the next five years.

Fulfillment 130

Fulfillment Marketing Planning Shopping 130

Inside Retail

APRIL 3, 2022

The additional capital will be used to fuel rapid expansion, enhance the company’s core technology and scale local sales and marketing investments. The team and I look forward to the opportunities this new round of funding brings, as we continue to help grow the top brands in Australia.” . 5 rating for 20 consecutive quarters.

Marketing 130

Marketing Customer Experience Management Planning 130

Inside Retail

DECEMBER 16, 2021

NSW grocery-delivery service Voly is set to expand its coverage beyond Sydney after securing $18 million in a seed-funding round led by Sequoia Capital India. This week’s funding round also received funding from Global Founders Capital (GFC) and Australian-based Artesian Capital.

Supermarket 130

Supermarket Fulfillment Retailing Pricing Consumer 130

Retail TouchPoints

FEBRUARY 24, 2022

Ecommerce software company fabric has raised $140 million in a Series C funding round led by SoftBank, less than a year after its $100 million Series B. Fabric’s funding to date now totals $293 million and puts fabric at a $1.5 billion valuation. trillion by 2027.

ATS 261

ATS Inventory Management Management Returns 261

Retail TouchPoints

MARCH 29, 2023

He will lead all revenue-generating aspects of the platform, including performance marketing, demand generation, site merchandising and operations, customer experience and customer success.

Thrift Store 268

Thrift Store Apparel Jewelry Accessories 268

Inside Retail

JULY 27, 2023

Earlier this year, rapid delivery grocery start-up Milkrun went from competing with Australia’s grocery chains to being absorbed by Australia’s biggest supermarket giant. So, what to make of Milkrun’s re-entry via Woolworths, and what does this acquisition mean for the future of rapid grocery delivery in Australia?

Supermarket 243

Supermarket Marketing Fulfillment Management 243