Latest Posts Under: Retail Industry News

Consumer products giant Colgate to acquire Hello oral care brand

Colgate acquisition of Hello Oral Care : Consumer products company Colgate-Palmolive (Colgate) has agreed to acquire US oral care brands manufacturer Hello Products from Tenth Avenue Holdings for an undisclosed price. The products of Hello Oral Care brand are adult and kids toothpaste, mouthwashes, toothbrushes and floss, which are sold only in the US, mainly […]

ICAP and Charter Realty & Development acquire Baederwood Shoppes

Inland Institutional Capital (ICAP) and Charter Realty & Development have acquired a 116,778-square foot grocery-anchored shopping center called Baederwood Shoppes in Jenkintown, Pennsylvania, for a sum of $43.3 million. The acquisition was done by the joint venture of an institutional co-mingled fund sponsored by ICAP, a real estate portfolio investment and asset management services provider, […]

PayPal signs $4bn deal to buy shopping and rewards platform Honey Science

PayPal acquisition of Honey Science : PayPal has signed a deal worth around $4 billion to acquire Honey Science, Los Angeles-based technology firm, which has developed a shopping and rewards technology platform. Honey Science operates as a web browser add-on and also as a mobile app serving about 17 million customers with discount codes and […]

Retail tech startup Accel Robotics raises $30m from SoftBank and others

California-based Accel Robotics, a retail tech startup which uses artificial intelligence (AI) and computer vision to provide checkout-free experience, has raised $30 million in a Series A funding round led by SoftBank Group. Founded in 2015, Accel Robotics enables customers to grab products they need and go. As the products are automatically tallied when they […]

Online apparel retailer Vinted raises €128m from Lightspeed Venture and others

US venture capital firm Lightspeed Venture Partners has led a EUR128 million Series E funding round for Vinted, a Lithuanian second hand apparel online marketplace. The funding was also backed by previous investors including Sprints Capital, Insight Venture Partners, Accel Partners, and Burda Principal Investments. Through its app, the second hand apparel online marketplace lets […]

Myntra launches luxury fashion store Pernia’s POP-UP SHOP

Myntra, an Indian fashion e-commerce company, has launched ‘Pernia’s POP-UP SHOP’, a luxury fashion store for men and women. The new luxury fashion store is said to offer exclusive designer merchandise from some of the big names in the fashion industry. With the association, Myntra will now has a variety of designer wear to offer […]

New convenience store Platte Street Mercantile opens doors in Denver

Platte Street Mercantile, a new grab-and-go convenience store has opened its doors in  Denver, Colorado, located at 1620 Platte Street near the Highlands pedestrian bridge intersection. The self-serve, grab-and-go convenience store offers packaged meals, snacks and beverages alongside limited grocery items to the businesses and residents of the Platte Street Neighborhood. Janine Williams, a co-owner […]

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