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Saturday, December 5, 2020
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Deep North raises $25.7M for AI that uses CCTV to build retail analytics

Amazon and others have raised awareness of how the in-store shopping experience can be sped up (and into the future) using computer vision to...

Airport retailer OTG will use Amazon’s cashierless technology starting next week

Earlier this week, Amazon announced it will now sell its cashierless technology, dubbed “Just Walk Out,” to other retailers. Today, airport hospitality group OTG,...

Amazon is now selling its cashierless store technology to other retailers

Amazon on Monday announced it will now offer its cashierless store technology called “Just Walk Out,” to other retailers. The technology uses a combination...

Walmart Grocery is merging with Walmart’s main app and website

Walmart is looking to hook more consumers on its online grocery shopping experience by adding Walmart Grocery to its main Walmart mobile application. For...

Los Angeles gets a new consumer fund as founders of Sprinkles seek $25 million for CN2 Ventures

Charles and Candace Nelson traded their investment banking careers in Silicon Valley for the sweet, sweet life as captains of the cupcake and confectionery...

Target reports mixed fourth quarter, but notes same-day services grew more than 90% in 2019

Target today reported mixed fourth-quarter results, but promising growth on the e-commerce side of its business. The retailer’s earnings per share came in at...

Target breaks into the top 10 list of US e-commerce retailers

Target’s investments in store remodels, same-day delivery and drive-up services are paying off. The retailer, which used to rank No. 11 in U.S. e-commerce...

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal...

These specialized Africa VC funds are welcoming co-investors

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working...

Walmart shuts down its experimental personal shopping service, Jet black

Walmart is shutting down its personal shopping service, Jet black, on February 21, after struggling to find adoption or additional investment. The service had...
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