article thumbnail

Clothing Reseller ThredUp Files For IPO

PYMNTS

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Bloomberg reports.

Oakland 222
article thumbnail

Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. 20 of next year.

Online 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

eCommerce Boosts The Warehouse Rental Industry

PYMNTS

outpaced that of nearly every other market around the globe, with an average of 2.8 the market that saw the greatest inflation was that of Oakland, with a 29.8 As more online retailers look to gain a competitive advantage, warehouse rental rates near major population centers are sure to continue to rise, both in the U.S.

Industry 102
article thumbnail

Wine.com Uncorks A Vintage Year

PYMNTS

And the wine retailer of the year? The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. There are gatekeepers for economic reasons all over the world of online retail. The company’s growth has been consistent with the overall online retail category.

article thumbnail

B&M’s Inventory Issues Aren’t Going Away Online

PYMNTS

Mishandling inventory has usually been brick-and-mortar retail’s forte. But just when it looked like new retailers hip to the omnicommerce game had escaped the pitfalls that plagued their less-mobile counterparts, it’s starting to look like inventory might be the common anchor that, at one time or another, holds everyone back.

Online 100
article thumbnail

National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration (SBA) will recognize and honor the critical and life altering contributions of America’s moms and pops, manufacturing enterprises, Main Street retailers and entrepreneurs during National Small Business Week. Tune in all week for live-streaming , beginning at 7:30 p.m.

National 150
article thumbnail

British Grocers Get A Boost From Brexit

PYMNTS

Retail in general is suffering as consumers pinch pennies. Premium chain and online grocer Waitrose is growing marginally faster than the market average at a rate of 5.3 Gazzali’s Supermarket of East Oakland is one of them. The fallout of Brexit has been pretty sobering for Britain.

Taxes 100