Tag: Retail

Samsung Galaxy Fold will come to 15 countries in Europe, starting at a whopping €2,000

Samsung brings Galaxy Fold to Europe with exclusive retailers London, UK – March 25th, 2019 – Samsung Electronics Co., Ltd. has today announced exclusive partnerships for Galaxy Fold with a range of retailers across Europe1. Participating partner pre-registration will open from 09.00am CET today for those looking to register interest and receive the latest updates […]

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Amazon to launch new grocery store business alongside Whole Foods Market

reader comments 0 with 0 posters participating Share this story Amazon reportedly feels confident enough in its grocery-store quests to branch out into new ventures. According to a report by The Wall Street Journal, Amazon plans to open dozens of new grocery stores that will be distinctly different than the company’s Whole Foods Market stores. […]

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Mirakl raises $70 million to facilitate ecommerce sales with software

Mirakl, a Paris-based software company that develops ecommerce solutions for corporate and retail clients, isn’t shy about throwing its weight around in the $50.8 billion software-as-a-service (SaaS) enterprise app market. Case in point? It today announced that it’s secured $70 million in series B financing led by Bain Capital, with […]

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Apple will reportedly close 2 stores to avoid an infamous Texas patent court

With over 500 retail stores worldwide, Apple’s opening or closing plans for individual stores typically aren’t noteworthy, but the company appears to have an unusual motive behind the closure of two locations in eastern Texas: It’s reportedly attempting to sever business contacts near a court that is often preferred by […]

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What happens to Apple’s stores when Angela Ahrendts leaves?

When Apple announced yesterday that Deirdre O’Brien will become its Senior Vice President of Retail and People, it focused on the positive side of a fairly shocking revelation — the company’s much-admired retail chief Angela Ahrendts is leaving after only five years. Having covered Apple for a long time, I found […]

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Returnly raises $8 million to streamline customer returns

Returnly, a San Francisco-based company that works with retailers and brands to handle post-purchase payments, said today it has raised $8 million in series A funding and secured a credit facility that will enable it to finance over $300 million in repurchases. The funding round was led by Mundi Ventures […]

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Pensa Systems uses autonomous drones to track store inventory

There’s perhaps no retail task more time-consuming than taking stock of merchandise. Inventory tracking — that is, figuring out which products are in stock, which stock is likely to run low in the next week, and so on — is a never-ending battle, as shoppers spend an estimated 40 billion […]

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AiFi markets NanoStore, a tiny white-label cashierless store

Cashierless stores are all the rage. You need look no further for evidence than Amazon’s rapidly expanding Amazon Go chain and the tens of millions of VC dollars startups like Trigo Vision and Zippin have snatched up in the past year. Some, like Grabango, offer plug-and-play systems designed to accommodate […]

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Amazon just announced its best-selling tech gifts of the holidays – and they’re all still on sale

Amazon on Wednesday announced that this past holiday shopping season was its most successful season ever, with more items ordered worldwide than ever before. That shouldn’t come as much of a surprise considering how good the deals were this year across all of the most popular categories on Amazon’s site. Amazon didn’t share any specific […]

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How Yummly is monetizing AI-powered personalization (VB Live)

From right-message, right-time targeting to contextual conversation that delivers personalized results, customers expect high-value service and attention — and AI and machine learning can help you deliver. To learn more about leveraging AI to be super-relevant and make engagement meaningful, and more, catch up on this VB Live event with […]

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Celect raises $15 million to help stores predict sales with AI

Contrary to popular belief, brick-and-mortar stores aren’t in their death throes quite yet. About 49 percent of people prefer to shop offline rather than online, according to Shopping.fm, and in 2016, the retail market topped a whopping $6 billion. Indeed, one of the challenges that physical stores face is keeping […]

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Sam’s Club has a massive iPhone XS and Galaxy Note 9 sale just in time for Christmas

Sam’s Club hosted several early Black Friday sales throughout November that featured great savings on some of the hottest smartphones around, including Apple’s new iPhone XS and iPhone XR, as well as Samsung’s Galaxy S9 and Note 9. If you missed out on those opportunities though, you should know that the retailer is about to […]

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