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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

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Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing and help it court bigger investors and investments. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Goldman Sachs Eyes Creating $2B Tech Fund. Trackers and Reports.

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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

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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. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

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The Honeymoon’s Not Over For Bridal Retail

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Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

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Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company.

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Cashless Amazon Go Stores Are Coming To The UK

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and has secured retail space in London to do so, according to reports. The lead for Amazon Go requested a meeting,” said a June 27 email from a technology adviser who supports Los Angeles International to a concessions official. Amazon is bringing its cashless store concept, Amazon Go, to the U.K., Interested?” “Yes.

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Amazon Eyes Airports For Amazon Go Expansion

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airports as new locations for Amazon Go, which relies on advanced technology to avoid having to pay at a cash register upon checkout. The lead for Amazon Go requested a meeting,” said a June 27 email from a technology adviser who supports Los Angeles International to a concessions official, reported Reuters.

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If Cash Won’t Die, Why Not Manage It Better Digitally?

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However, even as the use of cash declines, there is mounting evidence that it’s not going anywhere, whether it be the ongoing political backlash to the concept of a cashless retail economy or merely the realization among many consumers that using cash instead of credit cards is a better way to keep from sinking into debt. Night Deposits.