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AI-Powered Neighborhood Gift Network Secures $16.5 Million In New Funding
Nift, a start-up network designed to help SMBs match neighborhood businesses with local customers by leveraging AI machine learning algorithms, has raised $16.5 million in Series A funding from Spark…
News April 6Shoppers Weigh In On Pricing And Promotional Strategies: What You’re Doing Right And Wrong, And What You SHOULD Be Doing
By Cheryl Sullivan, Revionics The pace of change in retail is more breathless than ever, and today’s always-on, cross-channel shopper has preferences and tastes that evolve at the speed of…
Executive Viewpoints April 6Retail Employment Dips In March Following February Surge
Although retail employment slipped by 6,400 in March, job numbers were ahead for the year and stronger than a year ago, the National Retail Federation (NRF) said. Industry employment in…
News April 6Instacart Closes $350 Million Fundraising Round To Accelerate Expansion
Instacart raised $350 million in a Series E financing round led by Coatue Management, putting the grocery delivery company’s valuation at $4.35 billion. The round includes $200 million in funding…
News April 6Data Breach At Chatbot Service Potentially Affects 100,000 Sears Consumers
UPDATE: Best Buy confirmed in a statement that a number of customers may have had their payment information compromised during the [24]7.ai payment breach. Best Buy has not revealed the number…
News April 6
Kirkland’s President/CEO Resigns
Kirkland’s President, CEO and Director W. Michael Madden has resigned, effective immediately. Michael B. Cairnes, EVP and COO, was named Acting CEO while the home décor retailer’s board conducts a…
News April 6
Gen X Leads In Grocery Spending, But Millennial Families Are Catching Up
Although Millennials are making the shift into marriage and child-bearing later in life than the generations that preceded them, they are increasing their grocery spending significantly as they form families.…
Features April 5Chef’d And Innit Launch Customizable Meal Kits
Chef’dChef’d will now offer customizable meal kits through the Innit app. Shoppers can order the exact ingredients they want and receive personalized instructions in-app, merging the journey from meal planning…
News April 5
Shopgate Creates VP Strategy And Solutions Role
Shopgate has appointed Michael Haze to the newly created position of VP of Strategy and Solutions. Haze will work with retailers to enhance the mobile shopping experience and expand the…
News April 5
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