News

Retail
Today In Retail: eCommerce Helps Fuel e.l.f. Beauty’s Net Sales; ShipBob Collaborates With Walmart
May 27, 2021

In today’s top retail news, e.l.f. Beauty reported that eCommerce helped fuel its net sales surge, while ShipBob is officially teaming with Walmart. Plus, Best Buy’s earnings showed the positive effect of the stay-at-home economy. Get the Full Story Complete the form to unlock this...

Investments
New Funding Round Could Value BNPL Firm Klarna At $40 Billion
May 27, 2021

European buy now, pay later (BNPL) company Klarna is on the verge of securing a new funding round that could value the firm at $40 billion, CNBC reported Thursday (May 27), citing sources close to the matter. The network reported that the investment has the backing of...

eCommerce
Getting Clever About Fighting Cart Abandonment
May 27, 2021

We’ve all done it. Maybe we were shopping online, and the phone rang, and we wandered off and forgot. Maybe we filled the cart up, then found a better deal elsewhere and moved on. Maybe we got to the checkout, realized paying would involve typing...

Investments
Germany’s Ada Health Raises $90 Million Series B Led By Bayer
May 27, 2021

Germany’s digital healthcare startup Ada Health raised $90 million in a series B fundraise led by Leaps by Bayer, the impact investment arm of Bayer. Samsung Catalyst Fund, Vitruvian Partners, Inteligo Bank, F4 and Mutschler Ventures, also participated in the round. Get the Full Story...

IPO
Consumer Savings App Acorns To Go Public Via SPAC At $2.2B Valuation
May 27, 2021

Acorns Grow Inc., which offers a savings and investing app, is poised to go public by combining with Pioneer Merger Corp, a special-purpose acquisition company (SPAC) that is traded on Nasdaq. The combined company, with a valuation of about $2.2 billion, is expected to be...

Retail
Discounters, Off-Price Retailers Face A Future Without Stimulus Checks
May 27, 2021

While the final round of $1,400 stimulus checks issued in March may feel like ancient history to some, for the retailers that cater to the bargain-hunting and budget-minded consumers that received those funds, each passing day — and quarter — is a cold reminder that...

Retail
Merchants On WooCommerce, Square, GoDaddy Can Soon Integrate With Google
May 27, 2021

Merchants on WooCommerce, Square and GoDaddy will be able to integrate with Google in the near future at no cost, according to a Thursday (May 27) blog post from Google, which announced a slew of new and upcoming commerce features. Get the Full Story Complete...

Retail
Mall-Based Retailers Have Their Moment Ahead Of Memorial Day
May 27, 2021

Two-thirds of the way through the second quarter, on the cusp of Memorial Day weekend and the unofficial kick-off of summer, with mask requirements being lifted across the nation, a coterie of marquee mall-based retailers has suddenly found themselves back in style again. Get the...

Retail
Best Buy Earnings Show Positive Impact Of Stay-at-Home Economy
May 27, 2021

Amid the pandemic, we want our electronics – the TVs, tablets and devices keeping us tethered, at least digitally, to family and friends and binge-watching … and we want more of them. Get the Full Story Complete the form to unlock this article and enjoy...