PYMNTS

JULY 14, 2017

Los Angeles-based, alcohol delivery startup Saucey just announced news of its $5.4 million Series A round of venture capital (VC) funding led by Bullpen Capital. One of the more popular choices for on-demand delivery is in the alcohol industry, with the likes of Drizly, Thirstie and Swill.

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PYMNTS

MARCH 30, 2020

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth. Bigbasket competes against Amazon and Flipkart in the Indian eCommerce market.

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PYMNTS

JANUARY 14, 2021

The defendants, who have no affiliation with Nike or Converse, have attempted to capitalize on the popularity of plaintiffs’ marks by manufacturing and marketing counterfeit products falsely labeled as ‘Nike’ or ‘Converse,’” the company wrote.

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PYMNTS

MAY 3, 2019

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. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

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PYMNTS

JANUARY 22, 2019

That came after it shut down service in Seattle, Los Angels, and New York. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. That never happened, prompting its action earlier this week.

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PYMNTS

SEPTEMBER 8, 2020

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. There are three ways to look at Wardrobe.

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PYMNTS

JUNE 26, 2018

RBC Capital Markets’ Lead Internet Analyst Mark Mahaney said that there could be 20 to 30 million people who live near a Whole Foods store but don’t shop there on an ongoing basis, while there are about 60 to 70 million Prime customers in the U.S., CNBC reported. Gallo had said in an announcement.

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PYMNTS

AUGUST 16, 2017

Amazon is a powerful presence in the retail industry. There’s no doubt about the magnitude of the effect it has had on retail and the players in it. Almost every day in the news cycle, there is a mention of the eCommerce giant, whether it’s one of their own announcements or someone comparing an aspect of the retail industry to it.

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PYMNTS

SEPTEMBER 18, 2018

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. The model has grown by 300 percent year over year, with one in two orders on the platform placed via Unlimited, across multiple markets.

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PYMNTS

OCTOBER 9, 2017

Bulk goods retailer Costco saw its shares fall 6 percent on Friday (Oct. Orders totaling less than $35 will be subject to prices approximately 15 to 17 percent higher than those found in-store, according to the Los Angeles Times. Costco cited competition from new grocery delivery services as the catalyst for the revenue dip.

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PYMNTS

DECEMBER 20, 2017

million in new venture capital (VC) funding. The company currently operates in Los Angeles and San Francisco, California, with expansion plans to enter other new markets in the first quarter of 2018. A logistics startup that is already servicing some big names has announced $4.3 Monday (Dec. Monday (Dec.

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PYMNTS

AUGUST 20, 2020

San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.

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PYMNTS

FEBRUARY 15, 2017

IMAX, venture capital firm Bold Capital Partners and mall chain Westfield Corp. The company plans to launch its debut VR storefront at a mall in Los Angeles sometime this upcoming fall, with plans to roll out to other markets sometime next year. have also reportedly invested in Dreamscape.

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PYMNTS

APRIL 11, 2016

Dov Charney is nothing if not a memorable character on the retail landscape. He’s looking to get back in the saddle again, and that journey looks to be starting in the garment mills of Los Angeles. Charney’s backer in that attempt, Hagan Capital Group, initially said it would put up $20 million for Charney’s new venture.

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PYMNTS

SEPTEMBER 8, 2017

The physical retailer is joining forces with the online juggernaut and is debuting a “smart home” experience across 10 stores in Chicago and Los Angeles. Recommerce market : Buying pre-owned items ain’t just for cars. Venture capital interest and investments have been on the rise, so growth is in the cards.

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PYMNTS

MARCH 15, 2019

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

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PYMNTS

MARCH 22, 2019

million in fresh capital, a funding round that comes after one in May that brought it about $7.9 The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, DoorDash and Deliveroo. In Los Angeles there are several delivery-only type restaurants that are using the company’s services, noted the report.

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PYMNTS

OCTOBER 18, 2019

The startup is bringing offices to Los Angeles and New York and hiring product as well as sales teams as it drives an effort to get more U.S. Reports at the time noted that Sequoia Capital, Sofina and Burda Principal Investments participated in the Series D funding round, while existing backers also joined.

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PYMNTS

MARCH 25, 2019

New Orleans is the site of one of the most significant and ongoing backlashes against the sharing economy, a global trend that probably won’t kill off Airbnb and other major players, but could create more hassles and pressures for some companies struggling to make it in this big, crowded market.

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PYMNTS

JULY 21, 2020

From the list of trainers, she might pick Leyon, who served as a consultant on the Liteboxer project from his Los Angeles gym, Gloveworx. Prior to founding Liteboxer, he founded Spark Capital. So, for example, say a user wants to work out hard for 20 minutes with hip-hop music and an emphasis on the core.

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PYMNTS

JULY 9, 2019

The explosive growth has caused industry experts to forecast that the mobile order-ahead market will reach $38 billion by next year. And online ordering platforms are raising capital: ChowNow , for instance, announced in May that it had notched $21 million in venture funding.

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PYMNTS

FEBRUARY 28, 2018

As a result, Target has been rolling out delivery to its customers in several major markets after acquiring Shipt for $550 million in cash in Dec. We’re going to be in all the major markets, and we bring a breadth of assortment that is not just food and beverage and grocery. But not all retailers are moving as fast as Target.

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PYMNTS

APRIL 14, 2017

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. PW: The founders have extensive tech and marketing experience from their previous businesses in the event and entertainment space. This is the marketplace that connects patients with retailers.

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Abrigo

APRIL 28, 2016

Small Business Administration (SBA) will recognize and honor the critical and life altering contributions of America’s moms and pops, manufacturing enterprises, Main Street retailers and entrepreneurs during National Small Business Week. These risk takers will help make our lives more productive, safer, healthier and benefit society overall.

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PYMNTS

JANUARY 23, 2019

The news that on-demand delivery startup Munchery has closed its doors — even after raising $125 million in venture capital funding — serves as reminder of how difficult it can be to gain a profitable foothold (much less a dominant position) in the on-demand food delivery space. Future Moves. So, what’s next in these delivery wars?

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Los Angeles San Francisco Analysis Seattle 180

PYMNTS

JULY 30, 2018

T-Mobile reportedly anticipates that its customers in New York, Los Angeles, Dallas and Las Vegas will have access to 5G technology in early 2019. This underlines and makes concrete that 5G is coming to the market.”. 5G Financial Impact. The Nokia-T-Mobile deal could also provide a spark that could help other players.

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PYMNTS

DECEMBER 5, 2019

If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that “foxtail keychains” would not make the top 10. And they are looking to expand – fresh off a $40 million infusion of funds, care of a Series B round from Sequoia Capital.

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PYMNTS

SEPTEMBER 30, 2019

The luxury travel market is booming: The PYMNTS Luxury Travel Study found that luxury travelers from the United States spent $1.1 trillion market. The platform, however, also has some city listings, like a cottage in the vicinity of London’s Kensington Palace and a Los Angeles French country-style mansion.

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PYMNTS

APRIL 1, 2016

Representatives for all three companies were quick to dismiss the grounds of Kardashian West’s lawsuits out of hand, expressing confidence that Los Angeles Superior Court will do the same in short time. All three suits were filed — in effect simultaneously — at Santa Monica (California) Municipal Court on Thursday morning.

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PYMNTS

OCTOBER 7, 2016

as one of seven major retailers who could face bankruptcy over the next two years, Sears CEO Eddie Lampert apparently felt the need to write a public blog post stating that the company had no plans to shut its Kmart stores , despite rumors to the contrary. A week after a report from Fitch Ratings named Sears Holding Corp. Hanjin Shipping Co.,

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PYMNTS

SEPTEMBER 14, 2016

Here are some of the other big winners and losers of the retail game at the moment. Wells Fargo settled the investigation, which was sparked by the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and the Los Angeles prosecutor, last week by agreeing to pay a fine of $185 million.

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PYMNTS

MARCH 21, 2016

By 2015, what The Huffington Post referred to as the “Blackfish effect” had led to the ouster of SeaWorld’s CEO, the loss of half the company’s market value and an 84 percent decline in profits, according to The Guardian. It requires [the company] to reinvent its core signature attraction. “It It’s not an easy fix.”.

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CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

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PYMNTS

AUGUST 25, 2016

Global Payments, The SME Market And Mary Kay. Global Payments will also embed the retailer’s inventory catalog and digital receipts within the app, while consultants’ business activities can be recorded and reports pulled from a portal. which is its second market after the U.S. iZettle To Be Challenged In The U.K.

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South State Correspondent

MAY 1, 2024

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

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South State Correspondent

APRIL 10, 2023

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

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PYMNTS

MAY 19, 2016

After some free-wheeling fun in the demand marketplace — powered by some free-flowing capital — the market space seems mostly to be narrowing and winnowing down those firms that are better in concept than they are in action. Entering The Market (For Good Or Ill) . Or are they? And, of course, the random trend of the week.

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