Financial News

Rubikloud Raises $37 Million To Expand AI Platform To Europe And Asia

Rubikloud Technologies, a retail AI solutions provider, has raised $37 million in Series B financing led by Intel Capital. The company will…

Moda Operandi Raises $165M To Fund Global Growth

Moda Operandi, a luxury online retailer, has raised $165 million in capital to fuel international growth and increase development across key business…

Mastercard Invests In Biometrics Security Firm

Mastercard has named HYPR Corp., an authentication solution provider, to the latest class of Mastercard Start Path — a global initiative designed…

Kroger Sales Jump 4.5% Even As Pricing Competition Heats Up

Kroger saw total sales jump 4.5% to $27.7 billion in Q3, ahead of Wall Street expectations, with net earnings reaching $397 million,…

Poshmark Raises $87.5 million In Funding From Temasek

Poshmark, an online fashion platform for buying and selling second-hand items, raised $87.5 million in a funding round led by Singapore’s state…

Nudge Rewards Secures $5 Million In Series A Funding

Nudge Rewards, a mobile solution company, has raised $5 million in Series A funding. The round was led by Generation Ventures, with participation…

Q3 Roundup: Home Depot, Big Box Retailers Win Big, While Sporting Goods Continues To Falter

The phrase “retail apocalypse” definitely has sparked a lot of industry chatter in 2017, as many companies declare bankruptcy and shutter stores….

Best Buy Sees 22% Digital Sales Growth As ‘New Blue’ Strategy Takes Off

Best Buy’s recently launched growth strategy, “Best Buy 2020: Building the New Blue,” is off to a good start in 2017. The…

Walmart Online Growth Leaps 50%, Lifts Annual Profit Guidance

Walmart is on a roll as it continues to reap the benefits of its e-Commerce push, seeing 50% online sales growth in…

JCPenney’s Mixed Q3 Results: Same Store Sales Double Expectations But Net Sales Drop

JCPenney had quite an unexpected Q3: its comparable store sales increased 1.7% — more than double the company’s own 0.6% to 0.8%…

Kohl’s Has Mixed Q3, Misses Profit Estimates With $20 Million Net Loss

Kohl’s reported Q3 revenue of $4.33 billion, a 0.1% year-over-year increase, while same-store sales also climbed 0.1%, a much-improved performance from the…

Macy’s Comparable Sales Dip For 12th Straight Quarter

Macy’s had yet another quarter that missed the mark, with Q3 sales falling 6.1% to $5.28 billion. But that isn’t even the biggest…

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Financial News

Rubikloud Raises $37 Million To Expand AI Platform To Europe And Asia

Moda Operandi Raises $165M To Fund Global Growth

Mastercard Invests In Biometrics Security Firm

Kroger Sales Jump 4.5% Even As Pricing Competition Heats Up

Poshmark Raises $87.5 million In Funding From Temasek

Nudge Rewards Secures $5 Million In Series A Funding

Q3 Roundup: Home Depot, Big Box Retailers Win Big, While Sporting Goods Continues To Falter

Best Buy Sees 22% Digital Sales Growth As ‘New Blue’ Strategy Takes Off

Walmart Online Growth Leaps 50%, Lifts Annual Profit Guidance

JCPenney’s Mixed Q3 Results: Same Store Sales Double Expectations But Net Sales Drop

Kohl’s Has Mixed Q3, Misses Profit Estimates With $20 Million Net Loss

Macy’s Comparable Sales Dip For 12th Straight Quarter

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The Agentic Engine Powering Profit-Driven Merchandising

6 Essential Tips for Social Commerce for Tax, Finance, and IT Leaders

AI at a Crossroads: Leadership, Ethics, and ROI

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