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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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Hertz Partners With Shift Technologies

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Rental car giant Hertz recently announced it teamed up with startup Shift Technologies , said Fortune. Shift Technologies is an online used-car marketplace. Under the new deal, Shift Technologies will feature and sell used vehicles from Hertz’s rental inventory, giving Hertz access to an additional retail sales channel.

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Mastercard, Next Retail Concepts Launch New Digital Shopping Experience

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Mastercard and Next Retail Concepts announced a new way to shop online this holiday season, with a new digital environment that lets shoppers browse and buy as if they were in a physical store. In a press release , the two companies announced they are launching the platform with Fred Segal, the retail brand. ”

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Amazon Advances Grocery Store Plans

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grocery stores with locations in Chicago, Philadelphia and Los Angeles. The company has inked over one dozen leases in the Los Angeles area, The Wall Street Journal reported, citing unnamed sources. . The eCommerce retailer is also reportedly eyeing grocery spaces in New Jersey, Connecticut and the New York metro region.

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B2B eCommerce Platform NuORDER Unveils Payments Service

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B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. NuORDER is a wholesale online commerce platform through which purchasers can peruse merchandise, map out collections and “make smarter buys in real time,” according to the announcement. 26) announcement.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

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Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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‘Ghost Kitchens’ Set Up Shop In Malls

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Two industries forever changed by eCommerce — restaurants and malls — are coming together to develop an affordable system to meet the rising demand for online meal delivery. So-called “ghost” kitchens can take over retail, mall and warehouse space abandoned by struggling merchants. Accor has a 50 percent stake in SBE.