Start Ups

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  1. Technology & Innovation
RTIH Editor, Scott Thompson, brings you his top ten ‘future of retail systems’ deployments from the past seven days, including autonomous shopping technology, Q-commerce offerings, QR codes, and virtual try on experiences. 1. Oh Polly Fashion brand Oh Polly has signed up to InPost’s QR code-based Instant Returns service. This was launched earlier in the […]
  1. Operations & Supply Chain
Retail operations system venture Brightpearl has acquired Inventory Planner, a startup that enables e-commerce retailers to forecast inventory and optimise stock.     Financial terms of the deal were not disclosed. The announcement comes after Brightpearl raised $33 million in a recent Series C round. Derek O’Carroll, CEO at Brightpearl, says: “The last two years have shown […]
  1. Channel: Ecommerce & Digital
E-commerce shipping platform venture, Sendcloud, has closed a $177 million Series C funding round. This was led by Softbank Vision Fund 2 with a “significant” strategic investment from L Catterton and participation from HPE Growth. “At a time when consumers around the world want to decide where, when and how they want to receive a […]
  1. Corporate Strategy
Misfits Market, a US-based e-commerce platform specialising in the delivery of food that would otherwise be wasted, has closed a $225 million Series C-1, bringing its valuation to $2 billion and total equity raised to $526.5 million. SoftBank Vision Fund 2 led the round with participation from current investor Accel. As part of the Series […]
  1. Technology & Innovation
wilko, a British high street chain which sells homewares and household goods, has announced a £3 million investment in UK autonomous delivery company, StreetDrone. The investment, which is part of a wider multi-million-pound pre-Series A round, will enable StreetDrone to accelerate the development of its delivery vehicle and systems. The plan is to bring autonomous deliveries […]
  1. Technology & Innovation
RTIH rounds up the retail systems ventures who have been making waves with major investments, including OLIO, Blendid, Beauty Pie and commercetools. 1. OLIO OLIO, a UK-based mobile app for the sharing of food and other items, has closed a $43 million Series B funding round. The venture will use the cash for product development, […]
  1. Corporate Finance
Davidson Kempner Capital Management has agreed a new £300 million lending facility with buy now, pay later venture DivideBuy and will also acquire a minority equity stake in the company. Along with Scalapay’s recent mega Series A funding round, this underscores just how hot the BNPL market is right now. UK-based DivideBuy, which was founded […]
  1. Technology & Innovation
US retailer Giant Eagle is working with Grabango on the installation of autonomous shopping technology at four more of its GetGo Cafe+Market convenience stores in the Pittsburgh area. This builds on its initial deployment of Grabango’s tech at a single GetGo location last year. “As we continue doubling down on creating the best in-store experience […]
  1. CPG & FMCG
The CPG Guys, Sri & PVSB, are joined in this episode by Ayo Oshinaike, co-founder & CEO of Foodspace Technology, a SaaS solution that helps  brands get complete, accurate, and rich shopper-centric data so their products are discoverable everywhere they’re sold online. Follow Ayo Oshinaike on LinkedIn at: https://www.linkedin.com/in/ayodeleoshinaike/Follow Foodspace on LinkedIn at: https://www.linkedin.com/company/foodspacetechnology/mycompany/ Follow […]
  1. Corporate Strategy
So I’m new to GWI, but I’m pretty damn blown away.  When I took on my new role as Chief Product Officer at GWI, a few things stood out – the culture of innovation, the growth mindset, the biggest clients in the world, the unique value that our growing range of products offers to anyone […]
  1. Department: HBC
The beauty industry is worth some $500 billion annually, and the COVID-19 pandemic has led to a sharp rise in the proportion of sales being carried out online. Today, a London-based beauty startup is announcing a major round of funding in hopes of reaping the spoils of that trend with a direct-to-consumer online storefront selling […]
  1. Technology & Innovation
Retraced, a blockchain start-up, is able to trace every single kilogram of cotton from the farm it was harvested at to the garment it is then made into. The app,… The post Retraced app can track cotton from farm to its final garment appeared first on Latest Retail Technology News From Across The Globe – […]
  1. Channel: Ecommerce & Digital
Deliverect, a startup that connects the likes of Uber Eats, Deliveroo, Doordash, and Just Eat Takeaway.com to restaurants’ PoS systems, is launching the first ever International Food Delivery Day on 8th September. The aim is to celebrate the work done by restaurateurs, wait staff, kitchen chefs, delivery drivers, particularly through the Covid-19 pandemic. Deliverect will be […]
  1. Channel: Ecommerce & Digital
Forum Brands, an e-commerce acquisition platform, announced today that it has secured $100 million in debt funding from TriplePoint Capital. The financing comes just just over two months after the startup raised $27 million in an equity funding round led by Norwest Venture Partners. Brenton Howland, Ruben Amar and Alex Kopco founded New York-based Forum […]
  1. Technology & Innovation
Gap has expanded into 3D technology by way of a partnership with ecommerce start-up Drapr. Drapr is used to help customers find the best clothing size and fit for their… The post Gap acquires 3D try on startup Drapr appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  21. Channel: Apparel
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A weekly podcast with the latest e-commerce news and events. In episode 273 we interview Alex Kopco Founder and COO of Forum Brands, a roll-up of digitally-native consumer brands selling via Amazon. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ????? Alex Kopco is […]
  1. Media & Marketing
US startup Lolli has announced a partnership with ticket marketplace StubHub.  This gives people the ability to earn up to 6% Bitcoin back on tickets for the likes of sporting events, theatre, and concerts. StubHub joins 1,000+ other retailers offering Bitcoin rewards with Lolli, including Microsoft, Sephora, Kroger, and Best Buy. Alex Adelman, CEO and […]
  1. Technology & Innovation
Image Fortnite/EPIC This article originally appeared on Business of Fashion By Doug Stephens American venture capitalist Chris Dixon once said, “The next big thing will start out looking like a toy,” an observation, he believes, sits at the heart of why we frequently discount innovations that, only in hindsight, prove to be instruments of momentous technical […]
  1. Channel: Convenience
  At a time when chain restaurant marketing managers have been handcuffed on brand messaging looking at the present, the past and future it’s hard to decide on what consumers want or need to hear with dinning restriction ranging from wide open in some states too limited hours and spacing restrictions in other states. Chain […]
  1. Channel: Convenience
  Over the past ten years or so food retail technology companies have seemingly focused on developing App’s and software for chain restaurants. They would discount the price charged for the service provided to larger chains and or allow chain to invest in their growing start-up according to Steven Johnson, Grocerant Guru® at Tacoma, WA […]
  1. Start Ups
Wendy’s announced Wednesday it will open 700 ghost kitchens across the United States, United Kingdom and Canada by 2025 through a partnership with start-up Reef Technology. Also known as virtual, cloud or dark kitchens, ghost kitchens are meant to address the demand for off-premise restaurant dining. The facilities fulfill delivery orders placed through third-party delivery apps […]
  1. Data & Insights
Retail  ATLANTA, GA APPLY Description Position at NAPA Auto Parts Position Mission:This individual must be digitally savvy and has a demonstrated track record of developing and implementing Category Strategies in a high-velocity omnichannel retail/wholesale business.  Must exhibit a deep knowledge of Category Management fundamentals, assortment planning, product development, private label, distribution, pricing, promotions, shelf management, and […]
  1. Media & Marketing
Hermes has partnered with Tesco to provide ParcelShop services across its UK convenience store estate. This will commence from 6th September in the first phase of stores and a continued roll-out is planned over the coming months. The ParcelShop estate, which enables people to send, collect and return parcels, currently includes more than 6,000 independent […]
  1. Media & Marketing
Best Buy has signed on to Criteo’s retail media platform.  Advertisers can use the cross retailer, self-service offering to reach BestBuy.com and BestBuy.ca shoppers in the US and Canada, via sponsored products. “The full range of tech products and services that we provide to customers have helped us build relationships with them that extend well […]
  1. Channel: Grocery
CINCINNATI – The Kroger Co. plans to offer shoppers at select locations access to freshly prepared food from as many as six local or national restaurant brands through a partnership with ghost kitchen start-up Kitchen United. Kroger and Kitchen United Partner to Provide Customers On-Demand Meal Pick Up and Delivery from Popular Restaurants Shoppers will […]

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Editor’s Choice

  1. Channel: Grocery
Digital efforts pay off as grocer retains consumers within its ecosystem As consumer behavior shifts with each COVID wave, The Kroger Co. is seeing its digital efforts pay off as the grocer retains shoppers within its ecosystem. Rodney McMullen, chairman and CEO of Kroger, expressed excitement for the future of grocery e-commerce at the Groceryshop trade show in […]
  1. WitsNotes
Loyalty takes center-stage with WitsNotes Volume 3:  Title: The Tipping Point of Loyalty (2021) Author: Upside Topic(s): Loyalty, Retail Length: 66 pages RetailWit Summary: 2 pages The Summary: The value of a loyal customer has increased—for retailers, the top loyal customers are worth up to 27x of revenue versus your non-loyals. And, shoppers are less […]

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