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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

PYMNTS

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Birkenstock Discusses Potential Sale With CVC Capital Partners. Birkenstock is reportedly in talks for a sale to CVC Capital Partners.

Retail 239
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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

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. Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS.

Retail 226
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Autonomous Retail Startup AiFi Secures $30M Total Funding

PYMNTS

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. The company said by going cashierless, stores will see an increase in productivity and profitability while making things more convenient for shoppers. .

Retail 226
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Walmart Eyes FinTech Expansion With Ribbit Capital Partnership

PYMNTS

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155
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GCB raises $93M to build digital tools for customers

Bank Innovation

Houston-based Gulf Capital Bank recently completed a capital raise of $93 million. Bank CEO Ed Jones wants Gulf Capital to model community banking relationships, in which […].

Houston 273
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Automotive Continues Comeback Leading With Digital-First Tools

PYMNTS

On the new car side, use of Carvana’s “Car Finder” tool has skyrocketed, with August 2020 showing a 276 percent year-over-year increase in users. In August, Jeep and Ram visitors drove DriveFCA.com , Fiat Chrysler’s online retail experience site, to its highest number of unique visitors since launching in April.

Tools 189
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The Rise Of eCommerce Social Selling Tools

PYMNTS

Self-service retail technologies have gained momentum over the last week, as small and medium-sized businesses (SMBs) aim to make a digital shift a consistent part of their business. 200M: Amount of extra capital Shopify has deployed to support SMBs via loans and cash advances. All this, Today in Data.

Tools 136