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Wholesale Marketplace Abound Raises $22.9M in Series A Funding
Abound, a curated wholesale marketplace designed to connect small business owners and independent brands in the U.S. and UK, has closed a $22.9 million Series A financing round led by…
News February 18
Walmart Generates 69% Online Sales Growth in Q4, Plans Wage Increases for 425,000 Workers
Walmart reported 69% online sales growth and an 8.6% same-store sales bump in the U.S. during Q4 2021, which ended Jan 31, 2021. Total revenue for the full fiscal 2021…
News February 18
As ‘Appointment Retailing’ Use Cases Expand, More Brands See Value
Count appointment-based selling as another existing trend that was supercharged by COVID-19. Retailers such as Best Buy and Apple were two of the first to implement the model at scale,…
Features February 18
Ordergroove Adds Automated Extension for Smoother Integration on Magento
Ordergroove, a relationship commerce platform, has launched an automated extension for Magento Commerce, designed to reduce the time it takes for a retailer to deploy an Ordergroove subscription program. The…
News February 18
Searchspring Introduces AI-Powered Personalization Capabilities
Searchspring, a site search and merchandising provider, has launched its Personalized Recommendations feature to increase personalization options. This AI-powered tool aims to help online retailers optimize the digital journey by…
News February 18
Safeguarding Your Online Sales Channels from DDoS Extortion
After the unprecedented challenges retailers have navigated over the past 12 months, margins are tight and few can afford any kind of sales disruption. This is especially true for the…
Executive Viewpoints February 18
JOANN Stores Files for $100 Million IPO
JOANN Stores has submitted the paperwork for a proposed $100 million initial public offering, according to the SEC. The proceeds of the IPO are intended for “general corporate purposes,” according…
News February 17
Stimulus Checks Spur 5.3% Jump in January Retail Sales
Retail sales rose higher than expected in January, reaching a total of $568 billion, a 5.3% increase from December 2020, according to the U.S. Census Bureau. The jump in consumer…
News February 17
Standard Cognition Raises $150 Million, Plans to Outfit 50,000 Checkout-Free Stores Over Five Years
Standard Cognition has a raised $150 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors CRV, EQT Ventures and TI Platform…
News February 17
