News
Mercaux Raises £3.5M in Series A Funding
Mercaux, a London, UK-based SaaS retail technology platform that powers digital in-store experiences for offline retailers, raises £3.5M in Series A funding. In conjunction with the funding, Carles Ferrer, Nauta Capital's London-based General Partner will be joining Mercaux's board. The company intends to use the funds to accelerate its...
This is the fastest growing retail channel among Americans
This is the fastest growing retail channel among Americans ... Another retail CEO is coming under fire based on allegations that coincide with the ......
Interview with Bob Negen CEO of WhizBang Retail Training on how to help SMB retailers survive and thrive in the digital age and e-commerce
WhizBang! Retail Training on how to help SMB retailers survive and thrive in the digital age. Independent retailers or mom and pop stores as we also know them are a foundational part of the global retail community and industry, and perhaps some of the most stressed members of this...
Why the future of Chinese e-commerce is in its rural areas
The older demographic of China's population, typically living in the Western rural areas of China, presents immense growth potential for e-commerce retailers, with the 60+ demographic numbering 241 million, representing nearly 20 percent of China's total population. Lack of technological development in rural Chinese areas is another reason why...
What private equity investments in transportation and logistics could mean for you
A growing number of private equity firms are buying transportation and logistics companies. Private equity firms are moving into the transportation and logistics space in a big way. Other firms, such as Headhaul Capital Partners, Greenbriar Equity Group, and Supply Chain Equity Partners, also maintain a specific focus on...
CircleCI launches Orbs, a package manager for software delivery automation
That partner program mostly sets the stage for Orbs. The idea behind Orbs is to give the company's users the ability to share their preferred CI/CD configuration across teams and projects by allowing them to package their commands, executors and jobs into a few lines of code. For new...
The Data-Informed Future of Retail
The National Retail Federation recently increased its retail sales growth forecast for 2018 to 4.5%. That's a $159 billion increase on top of 2017's $3.53 trillion in retail sales. The opportunity to seize the future of retail is upon us. Today's retail CMOs are tasked with making crucial decisions...
The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum
Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....
Despite Looming Brexit, Luxury Brands Bet on London Retail
As international tourists and ultra high-net-worth Londoners continue to spend, luxury brands are also continuing to open new stores in prime central London locations, notably on Bond Street and surrounding locations in Mayfair, as well as the affluent West London district of Chelsea. Real estate agent Savills, which handles...
The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum
Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....
Blockchain In The Retail Industry
While numerous articles have been written on the ways that blockchain technology can disrupt the retail industry by reducing transaction costs or increasing efficiency, many have overlooked the impact of regulation and compliance. Before diving into where blockchain technology could aid compliance, it is important to understand what we...
Interview with Bob Negen CEO of WhizBang Retail Training on how to help SMB retailers survive and thrive in the digital age and e-commerce
WhizBang! Retail Training on how to help SMB retailers survive and thrive in the digital age. Independent retailers or mom and pop stores as we also know them are a foundational part of the global retail community and industry, and perhaps some of the most stressed members of this...
How Working in Retail Made Me Hate Humanity
I recently caught up with two former colleagues-who now hate humanity as much as I do-so we could share our worst experiences working in retail. My names isn't Juli-I had to sign a confidentiality agreement back when I worked for these horrible hellholes. The woman took one of the...
We've Created A Monster: Retail's Growing Returns Problem
At the beginning of the year I published "A Baker's Dozen Of Provocative Retail Predictions For 2018." In No. 11, I opined that the industry's problem with returns would soon start to get the attention it deserves. For awhile now I have seen the growing rate of costly product...
The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum
Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....
How CVS is redefining convenience
Historically, CVS has capitalized on convenience - 85 percent of customers in the U.S. live within five miles of a CVS location - but customers' idea of convenience is evolving. To cater to these new expectations, CVS has introduced home delivery to customers nationwide. "We call it redefining convenience,"...
Hitachi and India's Largest Gov't-Owned Bank Partner on Major Digital Payments Platform
Hitachi Payments has partnered with the State Bank of India to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government's "Digital India" campaign, Hitachi will provide SBI with solutions including its Internet-of-Things platform "Lumada," which was...
Jet.com strikes deal with Blue Apron to sell its meal kits online, Blue Apron shares surge
Walmart's Jet.com is now selling meal kits by Blue Apron, as the e-commerce company tries to build out its platform and grocery assortment to compete with Amazon and Whole Foods. Starting Monday, shoppers in the New York area will be able to purchase four different meal kits for same-...
Walmart unveils Sam’s Club Now, its answer to Amazon Go, opening soon in Dallas
Walmart-owned Sam's Club will soon open a cashier-free store concept that rivals Amazon Go. Walmart unveiled a new concept called Sam's Club Now Monday that aims to bring a new shopping experience powered by smartphones into the competitive retail world. The store will be in Dallas, and at 32,000...
Levi's, Disney test Snapchat social commerce
Brief: Levi Strauss has partnered with Snapchat to sell Disney-branded merchandise at the clothing company's store at Walt Disney World's Disney Springs shopping complex in Orlando. Snapchat users can try on a virtual version of a limited-edition Mickey Mouse hat with an augmented reality lens before buying the item...