Financial News

Walmart Cuts Outlook on Inflation Concerns, Signaling a Challenging Period for Retail

Walmart has adjusted its Q2 and full year 2022 profit outlook, as the retail giant expects shoppers to cut back on extraneous…

Kohl’s Ends Sales Talks With FRG, Citing Uncertain Retail and Financial Environment

Kohl’s is off the sales block following the end of talks with Franchise Group (FRG), which has been the highest bidder for…

FARFETCH Joins Gucci and Other Luxury Brands in Accepting Crypto Payments

Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients…

Sustainable Apparel Raw Materials Maker Receives $100 Million Investment

Recover, a materials science company that produces sustainable premium recycled cotton fiber and cotton fiber blends, has received $100 million in minority…

Instacart Files Confidentially for IPO After 40% Valuation Reduction

Instacart has moved closer to a planned IPO after confidentially submitting a draft registration statement with the SEC on May 11, 2022,…

Self-Checkout Solution Provider Raises $62.5 Million

Mashgin, a self-checkout solution powered by AI and computer vision, has raised $62.5 million in Series B funding at a $1.5 billion…

Home Depot Launches $150M VC Fund to Fuel Retail and Home Improvement Innovation

The Home Depot has introduced Home Depot Ventures, a $150 million venture capital fund designed for early-stage companies aiming to improve the…

Report: Fanatics’ Latest $1.5 Billion Investment Round Led by $320 Million from NFL

The recent $1.5 billion funding round for Fanatics is being led by the NFL, which invested $320 million into the online sports…

Global Payments Provider Secures $30 Million in New Funding

Reach, a combined payments, tax and fraud platform designed to improve handling of cross-border commerce transactions, has received $30 million in its…

Serena Williams’ VC Firm Leads Calico $2.1 Million Seed Funding

AI-powered smart supply chain management platform Calico has received $2.1 million in a seed funding round led by the Serena Williams-founded VC…

Headless Solution Provider fabric Valued at $1.5B after Latest Funding Round

Ecommerce software company fabric has raised $140 million in a Series C funding round led by SoftBank, less than a year after…

As Meta Flounders, Amazon and Google Prove it’s All About the Advertising

Amazon shares were up approximately 14% in after-hours trading on Thursday, Feb. 3 after the company reported some truly impressive Q4 earnings….

From Merchant-Centric to Customer-Centric: How to Transform Online Product Discovery

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3 Innovative Video Experiences to Drive Your Retail Advertising Strategy

Intelligent Inventory Optimization THE NEW DILIGENCE AGAINST SUPPLY CHAIN DISRUPTION

The New Marketing Playbook: Tips for CMO Success in a Post-Cookie, Purpose-Focused World

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