Remove Capital Remove Los Angeles Remove Management Remove Retail
article thumbnail

Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

article thumbnail

Glossier Brings Shops To Nordstrom

PYMNTS

A Nordstrom partnership should help Glossier reach more shoppers who don’t reside close to its Los Angeles and New York stores, per the report. The department store retailer has also reportedly worked with Allbirds, Everlane and Away.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Some Creditors Reportedly Oppose AMC Deal To Avoid Bankruptcy

PYMNTS

But a group of existing first-lien lenders including Apollo Global Management Inc., Ares Management Corp. AMC has been trying to reach an agreement for weeks as it tries to raise cash, manage a debt burden of more than $5 billion and avoid bankruptcy, Bloomberg reported. and Eaton Vance Corp.

Report 174
article thumbnail

Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

Retail 118
article thumbnail

Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100
article thumbnail

Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

PYMNTS

From what they call the “lender’s” point of view, suppose a 40-something woman in Los Angeles looks in her closet and notices that there are three great blazers, three great skirts and two pairs of Louboutins that don’t get much usage. That also means no money needed to buy, store and manage inventory.

article thumbnail

Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions.

Alabama 100