Macy’s Earnings And Revenue Beat Estimates, But Sales Declines Weigh Heavily On 2020
Three weeks after revealing it would close 125 of its 680+ stores as part implementing its “Polaris” strategy,…
News February 25
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Amazon Shatters Profit Expectations For Holiday Quarter, Surpasses 150 Million Prime Members
Investments in one-day delivery may have contributed to earnings misses at Amazon in Q2 and Q3, but they…
News January 30
Farfetch Eyes China Expansion With $250 Million Investment
Farfetch, an online luxury fashion platform, has raised $250 million from China-based Tencent Holdings and Dragoneer Investment Group…
News January 30
Retail Robotics Firm Raises $263 Million In Funding Round
Berkshire Grey, a robotics and AI company that offers retail, e-Commerce and logistics fulfillment automation solutions, has raised…
News January 21
Summersalt Raises $17M To Expand Into More Apparel Categories
Summersalt, a direct-to-consumer swimwear and travelwear brand, has secured a $17 million Series B funding round led by…
News December 27GameStop Shares Drop Nearly 20% Following 23% Comp Sales Decline
GameStop’s tough 2019 continues: the video game retailer posted a dismal Q3 earnings report in which net sales…
News December 11
Namogoo Raises $40M In Series C Funding Round
Namogoo, which offers solutions designed to prevent customer journey hijacking online, has raised $40 million in a Series…
News October 31One-Day Delivery Investments Slice Amazon Q3 Profits As Business Pivots Back To Growth
Amazon’s $800 million investment in one-day delivery has resulted in an earnings miss for the second straight quarter, but…
News October 25
Trigo Raises $22 Million To Scale Checkout-Free Technology
Trigo, a computer vision platform providing checkout-free technology to grocery retailers, has raised $22 million in a Series…
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