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Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

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Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

In a press release , the company said that to date, it has raised more than $1 billion from SoftBank, Greylock Partners and Gaorong Capital. It also licensed its self-driving technology to Ike, an autonomous trucking company, and rolled out the first unmanned delivery service in Arizona. It will also bring on more employees.

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Bank Shareholder Liquidity Matters

Jeff For Banks

Annually 1,500 bankers and those that advise them gather in the Arizona desert for Bank Director's Acquire or Be Acquired (AOBA) conference. Are our retail shareholders aging? Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth.

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The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Proponents note that, between Doña Ana County itself and the nearby El Paso region and Juarez, the region could more than satisfy the eCommerce giant’s stated requirements.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Theranos built itself in stealth mode while raising hundreds of millions of dollars and inking deals to put its wellness centers in Walgreens stores in California and Arizona. Select investors : Amazon, Hummer Winblad Venture Partners, Bowman Capital Management LLC. The rise and fall of Pets.com. in 2000 to 232.1M Powa Technologies.

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