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Lily AI Closes on $25 Million Funding Round to Reach New Retail Partners
Product attributes platform Lily AI has closed a $25 million Series B financing round with participation from Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA, among others. The solution is…
News August 25
Dollar Tree Taps Walmart Vet for CFO as it Prepares for Discount Hit on Margins
Dollar Tree has hired Walmart veteran Jeffrey Davis as its new CFO. He joins the off-price retailer as it comes off a strong quarter but prepares for a challenging second…
News August 25
WSJ: Bed Bath & Beyond Boosts Liquidity With $375M Loan
Bed Bath & Beyond (BB&B) has secured a $375 million loan, according to the Wall Street Journal. Citing sources familiar with the matter, WSJ reported that the retailer has selected…
News August 25
New ‘Big & Bulky’ Instacart Service Offers Same-Day Fulfillment on Larger Items
Instacart has introduced a new Big & Bulky fulfillment service nationwide for same-day scheduled delivery of larger products, which customers can purchase alongside smaller items such as their groceries. The…
News August 25
4 Ways Brands Can Prepare Their Email Marketing Program for BFCM
Black Friday and Cyber Monday (BFCM) are right around the corner, and many ecommerce brands are already planning for another uncertain year. Between inflation, increased marketing costs — especially paid…
Executive Viewpoints August 25
Opterus Helps Retailers Access Relevant Data from POS and Workforce Management Systems
Communications and task management solution provider Opterus has launched OPSEngine, a packaged set of APIs designed to provide retailers access to all of the OPSCENTER cloud solution’s features through a…
News August 24
Qurate Retail Group Appoints Interim CFO, Creates Chief Transformation Officer Role
Qurate Retail Group has appointed James Hathaway as interim CFO following the resignation of former financial chief Jeffrey A. Davis. The parent company of brands such as QVC, HSN and…
News August 24
Slurpees, T-Shirts and Car Accessories: 7-Eleven Launches Merchandise Site
7-Eleven has launched the 7Collection site, giving the retailer’s customers and fans a place to purchase apparel, travel mugs, graphic T-shirts and a wide range of memorabilia. For its first…
News August 24
Peloton Launches Key Products in U.S. Amazon Stores
Peloton had made its Peloton Bike, Guide and select accessories and apparel available for purchase in U.S. Amazon U.S. stores. Prior to this partnership, Peloton products were sold exclusively through…
News August 24
