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Depop Raises $62 Million To Fight Counterfeiting, Expand Globally
Depop, a UK-based peer-to-peer social shopping app, has raised $62 million in Series C funding. The most recent financing round was led by General Atlantic, with investments from Balderton Capital,…
News June 12Kohl’s Will Shutter Off/Aisle Off-Price Stores
Kohl’s is closing its four Off/Aisle stores, ending the department store’s off-price experiment after four years.The four Off/Aisle locations — three located in Wisconsin and one in New Jersey — will close…
News June 12Touch Of Modern Stars In National TV Ad Campaign Featuring Top DTC Brands
Touch of Modern, a members-only e-Commerce retailer specializing in men’s lifestyle products and apparel, was featured in a national TV advertising campaign launched by the Video Advertising Bureau (VAB). Touch…
News June 12Can Barnes & Noble Write A New Chapter For Itself?
Barnes & Noble has a potential deal in place to sell itself to hedge fund Elliott Advisors for $683 million, marking major changes for a company that has long struggled…
Executive Viewpoints June 12Kroger Will Sell CBD-Infused Products In 945 Stores; GGB Plans 280 CBD Shops By 2020
The CBD expansion rolls on: Kroger will roll out cannabidiol topical products within 945 stores in 17 states before the end of June. The supermarket chain will sell hemp-derived CBD…
News June 12
Myths Vs. Facts: Debunking Myths In Retail Payments
In our bustling retail landscape — today’s most competitive market — it’s hard to believe that many online merchants, particularly those based in the U.S., avoid access to global transactions.…
Executive Viewpoints June 12
Tammy & Benjamin Drives 230% Sales Lift From Facebook Ads, 90% Boost From Google
Prior to the 2018 holiday season, Tammy & Benjamin, a luxury leather brand, sought to drive more global sales for its handbags and expand further into major markets such as the…
News June 12Poshmark Expands Marketplace Into Home Décor
Poshmark is expanding beyond fashion with the launch of its latest “Market,” dedicated to home décor. The Home Market is the latest in a series of new category launches for…
News June 11Amazon Shuts Down U.S. Restaurant Delivery Service
Amazon will discontinue Amazon Restaurants, its in-house food delivery service, as of June 24, an Amazon spokesperson said in a statement shared with GeekWire. The decision comes six months after…
News June 11
