In today’s top retail news, Walmart could not make up any ground in the furniture and home furnishings category in the second quarter despite its new partnership with Gap, while Riskified says only one-third of consumers trust retailers’ ability to prevent fraud. Also, men looking...
Sustainable shoemaker Allbirds said on Tuesday (Aug. 31) that it plans to move forward with its initial public offering (IPO) of Class A common stock on the Nasdaq exchange under the ticker symbol BIRD, despite the fact that it’s lost money since its inception and...
Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions...
Hoka will open a pair of retail stores on Wednesday (Sept. 1) on 5th Avenue in New York City’s Flatiron neighborhood and on Melrose Avenue in West Hollywood, in a move that puts the sneaker brand’s money on brick-and-mortar locations as growth accelerators for parent...
Data analytics platform Databricks raised $1.6 billion in a funding round that valued the company at $38 billion, the artificial intelligence (AI)-based firm announced in a Tuesday (Aug. 31) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a vision of the future seemingly straight out of a Pixar film, groceries may soon be delivered to stores by trucks that drive themselves. Gatik, a company that creates autonomous middle-mile logistics technology, announced Tuesday (Aug 31) that it had raised $85 million in...
With its central bank effectively leaderless and the Afghani dollar in a nosedive, geopolitical aspects of the Taliban takeover are being overshadowed by the collapse of Afghanistan’s financial system, and the toll of drastic money shortages on a nation of over 39 million people. Get...
More than 600 companies, groups and associations spend 97 million euros ($114 million) each year lobbying the European Union regarding online economy regulations, according to Reuters. Of those lobbying efforts, three companies — Google, Facebook and Microsoft — account for approximately 17 percent, or 16.5...
Patreon, an 8-year-old content creation platform that’s helped its users generate a combined $2 billion, has acquired technology recruiting firm Clear Talent, according to a Tuesday (Aug. 31) Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
