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Posts Tagged ‘retail’

**** in space is going to be a thing now

Scientists interested in cannabis as a subject for pharmaceutical studies may find an unlikely new home for their research into the plant, its byproducts, and biochemistry aboard the International Space Station. Yes, **** is going to space thanks to the work of a small Lexington, Ky.-based startup called Space Tango. The company makes a “clean ...

Job Today gets a $16M top up as it preps for Brexit bump

Accel-backed mobile-first jobs app Job Today has pulled in another $16M — an expansion to its November 2016 $20M Series B round. It raised a $10M Series A in January of the same year. The 2015 founded startup offers a mobile app for job seekers that does away with the need for a CV. Instead job seekers ...

China is beating the US on AI, says noted investor Kaifu Lee

America may have created AI, but China is taking the ball and running when it comes to one of the world’s most pivotal technology innovations. That’s according to Kaifu Lee, a world-renowned AI expert who founded Sinovation, a China-U.S. fund that raised its fourth fund worth $1 billion earlier this year. Speaking at TechCrunch Disrupt ...

Uppercase raises $3.5M to help e-tailers open brick-and-mortar stores

Uppercase is launching out of stealth with $3.5 million in VC funding to help direct-to-consumer brands expand into the physical world. Lerer Hippeau has led the round, with participation from CRV and SV Angels. ...

Shoes of Prey presses pause to select a business sale or pivot

Shoes of Prey, a Khosla Ventures-backed shoe retailer whose website let women customize footwear purchases by selecting the color and material of the sandals or pumps they wanted to order as well as the size, has announced it’s stopped taking orders after almost ten years trading. The management team will now decide whether to sell ...

Moosejaw is the first of Walmart’s acquired brands to open a digital store on the site

Last year, Walmart acquired outdoor retailer Moosejaw for $51 million –  a company that’s now one of several brands Walmart picked up during a speciality retail buying spree, along with ShoeBuy, Jet.com, Hayneedle, ModCloth, and Bonobos. Now, the company is making good on that purchase, as Moosejaw is the first of Walmart’s acquired brands to arrive ...

Amazon opens its second Amazon Go convenience store

Amazon this morning announced the opening of its second Amazon Go convenience store, which is again located in the retailer’s hometown of Seattle. The new store is 1,450 square feet in size – a bit smaller than the first store’s 1800 square feet – and will be located at 5th and Marion in Seattle. It ...

Target’s same-day delivery reaches 1,100+ stores, Drive Up to reach 1,000 by year-end

Amazon may be betting on the convenience of cashier-less stores, but Target is instead focused on order-ahead e-commerce. The company’s Drive Up service, which allows shoppers to place orders online, then pick up at a nearby store without getting out of their car, is now on track to reach nearly 1,000 U.S. stores before the ...

Walmart and Kobo launch Walmart eBooks, an online e-book and audiobook store

In January, Walmart partnered with Japanese e-commerce giant Rakuten on online grocery in Japan, as well as the sale of audiobooks, e-books, and e-readers in the U.S. Today, Walmart is capitalizing on that relationship with the launch of a full e-book and audiobook catalog on Walmart.com, alongside its assortment of physical books. The new site, ...