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L’Oréal Acquires ModiFace, Delivering AR Capabilities To 34 Beauty Brands
L’Oréal has acquired Canada-based ModiFace, a developer of augmented reality (AR) beauty apps, for an undisclosed sum.As part of the company’s ongoing digital strategy, L’Oréal expects to extend the app developer’s AR…
News March 20Farmstead Reels In $2 Million In Funding
Farmstead, an AI-powered grocery sourcing and delivery platform, has secured $2 million in venture capital led by Resolute Venture and Social Capital,with additional participation from SV Angel and Y Combinator.…
News March 20RevTech Secures $10 Million Funding Round, Prepares Startup Investments
RevTech, a Dallas-based venture accelerator, has secured a $10 million funding round, its largest fund to date. With the funding, RevTech plans to invest in more than 25 retail technology…
News March 20AI-Powered Engine Is Designed To Match Apparel Fit To Actual Customers
Bold Metrics Inc., a provider of technology that uses data science and machine learning to predict body measurements, has launched Apparel Insights (BMI AI). The product enables brands to leverage…
News March 20Leveling The Retail Analytics Playing Field
Data is increasingly at the heart of every business. The ability to collect, analyze and derive actionable insights from multiple sources of data in real time can be the difference…
Executive Viewpoints March 20Want To Reduce Turnover? Treat Employees Like Consumers
Retail has long been known as an industry suffering from high employee turnover rates, and in fact, retailers/CPGs have the second-highest turnover rate across industries at 13% per year, according…
News March 20Westfield Taps Broadsign To Power Digital Media Screens
Westfield Corporation has teamed up with Broadsign International, a digital out-of-home marketing platform, to power its existing digital media network of 500 screens in 18 flagship shopping centers across the…
News March 19Study: Fashion Retailers Still Must Improve Online Personalization
Despite the growing importance of e-Commerce in fashion retailing, many companies aren’t taking advantage of all the tools available to them, according to a study from Trendage, a platform that…
News March 19Alipay Expands Payments Platform To 35,000 Additional North American Merchants
Alipay expanded its partnership with First Data, adding 35,000 North American retailers that will accept the payments platform in stores. First Data plans to eventually expand Alipay to all four…
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