Financial News

Sears To Sell 140 Properties As Q3 Same Store Sales Projected To Fall 15.3%

Less than a week after announcing it would close 60+ more Sears and Kmart stores in January 2018, Sears Holdings revealed it…

Leanplum Raises $47 Million For Marketing Cloud

Leanplum, a mobile marketing platform provider, has closed a $47 million Series D round of financing led by Norwest Venture Partners with…

ThirdChannel Raises $7 Million For Digital Retail Intelligence

ThirdChannel, a retail intelligence platform, has closed $7 million in Series A funding. The round is led by Fung Capital. The funding…

Reflektion Secures $12 Million In Funding For International Expansion

Reflektion, a provider of retail personalization solutions, has raised $12 million in funding to expand into international markets — particularly in the…

Amazon Tops Wall Street Estimates: Q3 Net Profits Reach $256 Million

By any measure, Amazon had a busy Q3: the retailer completed its $13.7 billion acquisition of Whole Foods, increased investments in fulfillment…

Canadian POS Solution Raises $166M In Funding

Lightspeed POS Inc., a cloud-based POS software solution for retailers, has closed a $166 million Series D funding round. Caisse de dépôt…

Nordstrom Suspends Plan To Go Private, Will Remain Public In 2017

Four months after setting up a special committee to explore the possibility of taking its namesake brand private, the Nordstrom family has…

Cashier-Free Checkout Company Secures $5 Million In Seed Funding

Standard Cognition has raised $5 million in seed funding to accelerate go-to-market capabilities for its checkout-free AI-based shopping system. The round was…

HelloFresh Plans IPO: Can It Thrive In The Crowded Meal Kit Market?

The recent rise of meal kit delivery services has encouraged yet another company to seek a big payout. HelloFresh announced plans to…

Sears CEO Gives Struggling Retailer Yet Another Cash Infusion

Sears Holdings CEO and Chairman Eddie Lampert has gifted his company with an early holiday present. Affiliates of Lampert’s hedge fund, ESL…

Bluecore Secures $35M In Series C Funding

Bluecore, a behavioral and product data company, has raised $35 million in Series C funding. The round was left by Norwest Venture…

Amazon Takes 5% Stake In Indian Retailer, Continues Global Push

Amazon is continuing its expansion into a number of international markets. Its investment arm NV Investment Holdings bought a nearly 5% ($27.6…

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Financial News

Sears To Sell 140 Properties As Q3 Same Store Sales Projected To Fall 15.3%

Leanplum Raises $47 Million For Marketing Cloud

ThirdChannel Raises $7 Million For Digital Retail Intelligence

Reflektion Secures $12 Million In Funding For International Expansion

Amazon Tops Wall Street Estimates: Q3 Net Profits Reach $256 Million

Canadian POS Solution Raises $166M In Funding

Nordstrom Suspends Plan To Go Private, Will Remain Public In 2017

Cashier-Free Checkout Company Secures $5 Million In Seed Funding

HelloFresh Plans IPO: Can It Thrive In The Crowded Meal Kit Market?

Sears CEO Gives Struggling Retailer Yet Another Cash Infusion

Bluecore Secures $35M In Series C Funding

Amazon Takes 5% Stake In Indian Retailer, Continues Global Push

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