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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

He needed a name for the company and liked the book. Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. A new Shogun was born.

Retail 226
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How Clothing Stores Are Driving Retail Innovation

PYMNTS

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

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USAT: Bridging The ‘Consumer Gap’ In Unattended Retail

PYMNTS

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131
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The Mainstream Retail Future Of AR/VR

PYMNTS

Retail is perhaps an unexpected entrant into the augmented reality (AR) and virtual reality (VR) market, but it’s proving to be an area in which being there virtually can be seamlessly substituted for being there actually. Retail may just sneak up and be the dark horse that pushes the AR/VR movement from niche play to mainstream tool.

Retail 159
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Southeastern Grocers Rolls Out IPO

PYMNTS

Southeastern Grocers , the parent company of brands such as Winn-Dixie, HAS unveiled a rollout of an initial public offering (IPO) of 8.9 LLC and BofA Securities are serving as joint lead book-running managers and representatives of the underwriters for the deal. 21) announcement. Goldman Sachs & Co.

Idaho 167
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VC Firm Brings Partnership Model To Amazon Sellers

PYMNTS

billion in revenue it booked during the second quarter of 2020. In short, it’s a world where access to capital and legal advice is welcome. In mid-August, the company announced that it will infuse $100 million in capital into the Amazon seller system, along with legal and marketing advice.

Capital 214
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Cox Automotive Invests $350M In Electric Car Maker Rivian

PYMNTS

The companies said in a statement that in addition to the investment, they will both “explore partnership opportunities in service operations, logistics and digital retailing.”. Cox Automotive’s global footprint, service and logistics capabilities, and retail technology platform make them a great partner for us.”.

Retail 164