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

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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.

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Car Talk: Shift Announces Plans To Go Public

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IAC will change its name to Shift as the transaction proceeds and the Shift management team of CEO and Co-Founder George Arison and Co-CEO Toby Russell will stay in place. “We Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

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Online B2B Marketplaces See New Funding Rounds 

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million in venture capital. As reported by The Business Times , in Singapore, Tin Men Capital, a venture capital firm focused on B2B tech startups, led a $5 million Series A funding round to invest in RateIt. Ratelt operates as a real-time customer experience management platform, according to reports.

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Hainan Golden Raises $141M In Funding Round Led By Tencent

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Shenzhen Capital Group Co., and China Finance Fund — as well as existing investors Hillhouse Capital, Wanda Group, Prometheus Capital and IDG Capital — all participated in the funding round. Hainan Golden Technology Co. CDH Investments, China Investment Corp. billion.

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Philly Consortium Advances ‘Regenerator’ Concept For SMBs

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The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30 percent of small to medium-sized businesses have either failed or don’t see a way forward due to the pandemic. The federal role will extend beyond capital,” Katz noted.

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

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Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions. The Alabama startup eliminates grocery store trips for 20 million families in 47 metro areas. That enables it to better manage logistics to keep service tight and efficient.

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High-Profile — But Secretive — Funding For B2B FinTechs

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For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”.

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