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Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year.

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Virtual Reality Gains Traction In Retail

PYMNTS

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

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Retail Tech Partners Step Up To Assist With Remote Work

PYMNTS

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. We are committed to providing the technology that can help companies adapt to these pressing changes quickly and efficiently.

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Breakup In Aisle Three: Retail Tech Goes The Distance

PYMNTS

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores.

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

PYMNTS

We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, after filing confidentially in February. DoorDash Moves Ahead With Q4 IPO Plans. Goldman Sachs Eyes Creating $2B Tech Fund.

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