Start Ups

  1. Technology & Innovation

Starring Gather AI, Wolt, Sainsbury’s: check out RTIH’s most read retail technology articles from last week

Check out the articles on this here website that caught your fancy last week, including AiFi, Amazon’s Just Walk Out technology, Wow Bao, Shopsense AI, Paramount Global, Intergamma, Getir, PLUS Retail, and commercetools. Inventory monitoring startup Gather AI bags $17 million in funding to transform supply chain traceability Gather AI, a provider of computer vision […]
6 min read
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  1. Trends & External Forces

Interview with Jonathan Chaupin from Agency 2.0

Once a quarter, we sit down with either a client or an agency partner to discuss various topics. This quarter, we are pleased to sit down with Jonathan Chaupin, the founder and CEO of Agency 2.0. an Austin-based agency that does marketing, PR, copywriting, design, advertising, video production, retail and fulfillment for crowdfunding campaigns since […]
4 min read
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  1. Corporate Finance

Fueling Retail Expansion: Exploring Financing Options For Business Growth

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Whether opening new locations, renovating existing stores, or investing in technology and inventory, retail expansion requires significant capital investment.  Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. The good news is […]
3 min read
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  1. Technology & Innovation

Inventory monitoring startup Gather AI bags $17 million in funding to transform supply chain traceability

Gather AI, a provider of computer vision and AI powered warehouse inventory monitoring solutions, has announced a $17 million Series A-1 round led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital. This provides a total of $34 million raised to date. The cash will be invested […]
2 min read
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  1. Department: Beverage

How Fire Department Coffee Turned Customers Into Investors With Equity Crowdfunding

During yesterday’s webcast, Fire Department Coffee CEO, Luke Schneider, discussed how he raised $1.8M for his business through crowdfunding with the help of StartEngine. The webcast also included Harrison Bert, Director of Sales for StartEngine and was moderated by Wayne Bennett, SVP of Retail for ECRM and RangeMe. For those of you not familiar with […]
3 min read
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  1. Data & Insights

Reddit Faces FTC Inquiry Over AI Data Ahead of IPO

In a recent update to its initial public offering (IPO) prospectus, Reddit disclosed that it’s under investigation by the Federal Trade Commission (FTC) regarding its data-licensing practices for training artificial intelligence (AI) systems.
< 1 min read
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  1. Corporate Strategy

Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil

It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco, Under Armour, Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through […]
4 min read
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  1. Channel: Ecommerce & Digital

Recycling technology firm Polytag builds on Ocado Retail, Aldi, Co-op tie-ups with Series A funding round

Polytag has secured Series A seed funding for its mission to transform the recycling industry across the UK and Europe. The undisclosed investment builds on partnerships with major UK retailers, including Ocado Retail, Aldi, and Co-op. Polytag’s technology offers real-time visibility and insights into single-use packaging throughout its lifecycle. Using its QR codes and Invisible […]
2 min read
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  1. Trends & External Forces

Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail

Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his  incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […]
2 min read
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  1. Media & Marketing

Prof G Markets: What Killed the Apple Car? Shein Eyes a London IPO, and The Granolas

Scott shares his thoughts on what might have been the final nail in the coffin for the decade-long effort to build an Apple car. He also discusses what it means for Shein to explore an IPO in the UK instead of the U.S., and explains why he’d still like to invest in the company. Finally, […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Questions Raised About Amazon’s Health Care Ambitions

The Washington Post has a piece about Amazon’s efforts “to consolidate its telehealth, pharmacy and primary-care services following its $3 billion acquisition of One Medical in 2022. Earlier this month, Amazon laid off hundreds of employees across Amazon Pharmacy and One Medical and announced a corporate restructuring. Current and former employees say the move reignited […]
2 min read
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  1. Data & Insights

Food supply chain decarbonisation startup Mondra closes out £3.6 million pre-Series A funding round

Mondra, a product footprinting and supply chain decarbonisation AI driven SaaS platform, has raised £3.6 million in pre-Series A funding.  Investors include 7 Generation Ventures, AlbionVC, GC Foodtech Ventures, Foodsparks by Peakbridge, Ponderosa Ventures, and Vala Capital.  The cash will be used to expedite Mondra’s roll-out to UK grocers, of whom, the company claims, 85% […]
3 min read
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  1. Channel: Delivery

Instacart Lays Off 250 in Move to Streamline and Focus on Growing Retail Media Business

Instacart has laid off 250 employees in a move to “reshape” the newly public company, as it looks to “focus on our most promising initiatives and execute more efficiently to a flatter organization,” said CEO Fidji Simo on a call detailing the grocery tech company’s Q4 and full year 2023 results. Simo also shared that […]
3 min read
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  1. Shopper & Customer

Your Views:  Finally

MNB reader Doug Galli has a reaction to my argument that while Amazon may try to steer shoppers to products with higher margins, so do many retailers: Kevin, you are correct on this point of how retailers “merchandise” and market their respective stores. You work to steer customers toward higher margin products, which might not […]
8 min read
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  1. Partnerships & Alt Profit

Selling Products in Europe – Interview with Unlock EMEA

At Retailbound, we help clients launch their product brands with retailers in North America. For product brands that want to expand to Europe, we highly recommend they work with Unlock EMEA, Europe’s leading sales agency. This month, we sat down with Paul McCafferty, the Managing Director at Unlock EMEA to ask him the following questions. […]
6 min read
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  1. Technology & Innovation

US Retail Trends to Watch

Retail, like all other industries, has had to respond swiftly to societal developments and changing attitudes of the US public. With the explosion of AI, a new door has opened for retail marketing and advertising, which will break through boundaries and expand the limits of consumers’ imagination. This article discusses key trends driven by technological […]
4 min read
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  1. Department: Food

Are Meal Kits the New Pantry

    Overall, meal kits are a great option for people who want to eat healthy, delicious meals without spending too much time in the kitchen. They offer convenience, variety, less food waste, healthier eating, and the opportunity to learn new cooking skills. Give them a try and see how they can make your life […]
4 min read
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  1. Technology & Innovation

Including Saledock and TrusTrace: six retail technology funding rounds you need to know about

RTIH rounds up six retail systems ventures who have recently secured significant investments in their businesses, including Cart.com, Krepling, Leal, and PRIMIS. 1. Saledock Solid Bond reports an undisclosed investment into Saledock’s £150,000 pre-seed round. This will enable the Yorkshire-based startup to grow its team and continue to serve SME clients with a retail solution […]
3 min read
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  1. Data & Insights

Pioneering start-up Retail AI welcomes Mark Steven as new CEO

Retail AI, the start-up at the intersection of onsite retail media and artificial intelligence, has announced the appointment Mark Steven as its new chief executive officer. An industry veteran with over 30 years of invaluable experience in the retail sector, Steven, former CEO of Snappy… This story continues at Pioneering start-up Retail AI welcomes Mark […]
< 1 min read
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  1. Media & Marketing
  2. Trends & External Forces

3 Ways Retailers Can Thrive in a Cookieless Era

Retailers’ ability to identify and understand their customers plays a key role in their success. However, the onset of third-party cookie deprecation from Google, which officially began in January 2024, directly impacts how retailers can connect with their customers. Retailers must pivot to new targeting methods to continue reaching the right audiences, keep customers brand-loyal, […]
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  1. Trends & External Forces
  2. Shopper & Customer
  3. Trends & External Forces

Retail industry reacts to March inflation dip

The Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024, down from 3.4% in February.   Core Inflation came in at 4.2% in the 12 months to March 2024, down from 4.5% in February while food inflation fell one percentage point… This story continues at Retail industry reacts to March inflation […]
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