Retail

Retail
eCommerce Tech Platform Shogun Lands $67.5M
June 30, 2021

Shogun, an online shopping tech platform that aims to democratize headless commerce, has notched $67.5 million in an Insight Partners-led Series C round. The round, which brings the firm’s overall funding to $114.5 million, also saw the participation of VMG Partners, Accel and Initialized Capital, according...

Retail
Today In Retail: Walmart Introduces Private-Label Insulin; Tailored Brands Grows Collab With Bold Metrics
June 29, 2021

In today’s top retail news, Walmart is rolling out “the first-ever private brand analog insulin,” while Bold Metrics has grown its relationship with Jos. A. Bank and Men’s Wearhouse. Plus, The Citizenry is taking part in a post-pandemic pivot. Get the Full Story Complete the...

Retail
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and revenue forecast for the 2022 fiscal year, U.S. News reported on Tuesday (June 29). Get the Full Story Complete the...

Retail
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from public transportation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Tailored Brands Expands Collab With AI Firm Bold Metrics
June 29, 2021

Bold Metrics, an artificial intelligence (AI) technology company, has grown its collaboration with Jos. A. Bank and Men’s Wearhouse, according to a Tuesday (June 29) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Social Commerce Battle Heating Up Just In Time For Summer
June 29, 2021

With Facebook expanding Instagram’s in-app Checkout capabilities across the pond to the United Kingdom — albeit on a trial basis — it’s clear that social commerce has become a full-on arms race between some of the most popular social media apps. Get the Full Story...

Retail
Playboy Acquires Australian Brand To Expand D2C Capabilities
June 29, 2021

The parent company of Playboy will acquire Australian lingerie brand Honey Birdette, a move that expands Playboy’s direct-to-consumer (D2C) reach as Victoria’s Secret — formerly the dominant force in the lingerie market — continues its brand overhaul. Get the Full Story Complete the form to...

Retail
D2C Home Décor Brand The Citizenry To Expand Furniture Line With $20M Funding
June 29, 2021

Direct-to-consumer (D2C) artisan home décor brand The Citizenry is making a post-pandemic pivot to physical retail stores after a year of rapid growth fueled by the red-hot nesting trend spurred by the pandemic. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Grows Healthcare Offerings With Rollout Of Private Label Insulin
June 29, 2021

After recently debuting a prescription savings program and unveiling a deal to acquire a telehealth provider, Walmart is rolling out “the first-ever private brand analog insulin,” according to a Tuesday (June 29) announcement. Get the Full Story Complete the form to unlock this article and...