Start Ups

Articles about start ups in the retail industry.

  1. Start Ups

Just how wrong were those 2021 valuations?

Happy Monday. It’s Independence Day here in the United States, which means that much of TechCrunch is on holiday. But as last week came to a close, several important pieces of data dropped that are worth our consideration. Let’s not let that opportunity pass, day off or not. (Also, this is the last day of […]
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  1. Start Ups

Food Expense Management Platform Sharebite Nets $39M for Expansion

Sharebrite, a food benefits platform, announced Tuesday (June 28) that it has closed a Series B round for $39 million, which it intends to use to add more products to “serve the evolving needs” of modern workplaces. The press release noted that tighter labor force conditions have pushed more companies to consider augmenting employee benefits, […]
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Fintech Amount, which was valued at $1B last year, lays off 18% of staff

Amount, a fintech that reached unicorn status last year, has laid off 18% of its workforce. The exact number of how many people were affected is not known, but when TechCrunch reported on its last raise in May of 2021, the company said that it had 400 employees. If that is still the case today, […]
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Formerly rich NFT buyers party through the pain

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you want to get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. Exit opportunity It’s no secret at this point that […]
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  1. Start Ups

Instagram trials Yoti’s age verification technology

Instagram is trialling London-based digital identification start-up Yoti‘s age verification tech as part of a trial to test user’s age. The partnership will begin in the US on users who… The post Instagram trials Yoti’s age verification technology appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Start Ups

Amazon names new head for global stores

SEATTLE — Amazon has tapped company veteran Doug Herrington to be the new chief executive officer of its Worldwide Amazon Stores unit. He will succeed Dave Clark, the former CEO of Amazon Worldwide Consumer, who is leaving the company to serve as CEO of the supply chain software start-up Flexport. Doug Herrington “I’m excited to […]
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  1. Start Ups

Dinner Customized, Personalized, Delivered

  Consumers are dynamic not static and restaurant delivery companies, restaurant technology companies, need to be as dynamic as the consumer or they will lose business to someone else.  Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, stated, “Marc Lore’s Wonderestablishes a new standard within the retail foodservice sector for meals, meal delivery, […]
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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in some countries. Telemedicine, the standout offering, witnessed massive adoption during the pandemic, and in the last five years, no other service has been launched more by healthtech startups. However, a particular […]
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  1. Start Ups

Building a Moat

An entrepreneur friend of mine shared that one of the most invariable (and overused) questions he gets asked is what the “moats” are for his start-up.  He described the question as a crutch that VCs go to when they don’t know what other questions to ask.   As my friend put it: “More troubling is […]
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  1. Start Ups

Apple’s big week was not without its flaws

Hi, friends! Welcome back to Week In Review, the newsletter where we recap some of the top stories to cross TechCrunch dot com this week. The most read story this week was . . . well, everything that came out of Apple’s annual Worldwide Developer Conference. Apple tends to dominate the news cycle during WWDC, […]
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IFC set to invest $26M in Partech’s Africa Fund II

The International Finance Corporation (IFC), the private sector arm of the World Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund II (PAF II) by the Paris-based VC firm Partech. The IFC said in the disclosures that it’s eyeing a stake not exceeding 20%. The agency […]
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Fresho accelerates plans to make food supply chains more sustainable

Fresho’s £8m series A accelerates UK and US expansion plans to make food supply chains more sustainable. Fresho, a company that aims to make food supply chains more sustainable between restaurants and their suppliers, has whet the appetite of investors with a recent capital raising of £8 million ($10 million USD). Fresho is used by […]
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Office Hours: Tesla’s ESG Rating, the Closed IPO Market, and Advancing Your Career

Scott shares his thoughts on S&P’s decision to remove Tesla from its ESG index, and what that signals about the ESG space as a whole. He then takes a question about when the IPO market might open again, and offers advice to someone who wonders if they’ve been in the same job for too long.  […]
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  1. Start Ups

Grocerant Guru Clues from National Restaurant Show 2022

  The retail foodservice customer is not fickle, they are evolving, dynamic, and moving forward searching for ways to make dinner complexity free according to Foodservice Solutions® Grocerant Guru®, Steven Johnson.  I hope you are not the Neanderthal brand marketer waiting for yesterday and a return to the way things were back in 2005, 2011, […]
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  1. Start Ups

Social Commerce: Why Content Matters in Modern Commerce

Remember what it was like to go shopping at the mall? You’d walk into a brick-and-mortar store, select your items from the aisles and check out at the sales counter. Not anymore. Today’s landscape is vastly different because consumers demand a more curated experience wherever and whenever they shop. Enter social commerce.  What is Social […]
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  1. Start Ups

C-Store Retailer To Expand Touchless “Smart Checkout” To 7,000+ Units

Alimentation Couche-Tard announced yesterday that it “will deploy more than 10,000 Mashgin Touchless Checkout Systems branded as “Smart Checkout,” to over 7,000 of its Circle K and Couche-Tard stores during the next three years. The AI-powered self-checkout system developed by Mashgin will improve customer checkout times as much as 400%, driving customer experience forward while […]
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  1. Start Ups

South Africa’s Talk360 raises $4M to build single payment platform for Africa

Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the payment services merchants working in the continent have solutions that are limited to specific regions, meaning that businesses have to sign deals with multiple providers […]
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  1. Start Ups

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve […]
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  1. Start Ups

Bold Metrics secures $8 million in Series A funding

AI body modelling technology startup, Bold Metrics, has announced $8 million in Series A financing. The round, led by Bessemer Venture Partners with participation from Lytical Ventures, ValueStream Ventures, and Nanban Ventures, brings the company’s total funding to $12.3 million. It will use the cash to  accelerate its expansion into new growth markets while also […]
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  1. Start Ups

Zapp launches London-based ultra-fast delivery Period Store

On-demand delivery big hitter Zapp has announced a new Period Store, selling the likes of organic tampons and pads, menstrual cups and liners, along with treats like a hot water bottle, magnesium products and chocolate to boost oxytocin and relieve menstrual strain.  This will launch in London on Saturday for National Period Hygiene Day. For […]
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  1. Start Ups

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it’s a startup that was in the news this January: Namibia-based JABU, whose $3.2 million seed round we covered. Now, the last-mile distribution e-commerce company has […]
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  1. Start Ups

Five retail technology questions for Liam Patterson, CEO, Bidnamic

RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Liam Patterson, Co-Founder and CEO at Bidnamic (pictured above on the left). RTIH: Looking at the hottest retail technologies right […]
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  1. Start Ups

Digitally Native Brands Hit The Wall

  Despite all the hype, after gobs of venture capital investment, several high profile IPO’s and some big moves into physical retail, the OG’s of the new wave of DTC are running into trouble. Most of the digitally native brands that were supposed to disrupt the retail industry (think Warby Parker, Stitch Fix, Allbirds, Caspar, […]
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  1. Start Ups

How the KFC Crocs shoe became the hottest item at Fashion Week

The KFC x Crocs Clogs sold out quickly after New York Fashion Week influencer event, winning KFC an award in the ‘Events: New Product or Service Launch’ category of Ragan’s 2021 Media Relations Awards. After grabbing attention with its Extra Crispy Sunscreen, fried chicken-scented scratch ‘n’ sniff Valentine’s Day cards, and an 11 Herbs & […]
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Kohl’s Ends Sales Talks With FRG, Citing Uncertain Retail and Financial Environment

Kohl’s is off the sales block following the end of talks with Franchise Group (FRG), which has been the highest bidder for the company since the retailer began seeking a buyer in January 2022. When exclusive acquisition negotiations began in early June, FRG proposed $60 per share for Kohl’s, a valuation of $8 billion, eventually […]
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  1. Start Ups

Underground Donut Tour Launches in Dublin

Today, the Underground Donut Tour, the World's Best Donut Tour, is launching their first tour within the European Union, specifically, in Dublin, Ireland. The Underground Donut Tour has been running for 7 years across the US and the UK, including Chicago, Philadelphia, New York City, Portland, Seattle, Boston, Nashville, New Orleans, London and now adding Dublin to our roster. Hosting thousands of guests from around the world and showcasing the best doughnuts each city has to offer.
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