12 December 2018
Online auto retailer Vroom secures $146m through Series G funding round
US-based online auto retailer Vroom has secured $146m through Series G funding round led by automotive retailer AutoNation.
US-based online auto retailer Vroom has secured $146m through Series G funding round led by automotive retailer AutoNation.
Amazon reportedly plans to open its first UK’s checkout-free store in West London.
Canadian conglomerate Empire Company has closed the acquisition of food retailer Farm Boy from Berkshire Partners and Farm Boy’s management shareholders for a total enterprise value of $618.31m.
Walmart has partnered with Japanese e-commerce company Rakuten to open its first online retail store, Walmart Rakuten Ichiba Store, in Japan on Rakuten Ichiba internet shopping mall.
Chinese e-commerce retailer JD.com has partnered with technology firm Intel to launch the Digitized Retail Joint Lab to explore the use of Internet of Things (IoT) in smart retail solutions.
Israel-based self-checkout solutions provider Tracxpoint is to deploy its new Artificial Intelligence Cart (AiC) at supermarket chain Conad's stores in Italy.
US-based department store chain Sears Holdings (SEC) chairman Eddie Lampert has submitted a $4.6bn bid through his hedge fund ESL Investments to acquire the retail firm out of bankruptcy.
Canada-based retailer Sleep Country Canada Holdings has completed the acquisition of online mattress brand Endy for approximately C$89m ($66.98m).
Consumer electronics retailer MediaMarktSaturn has piloted a new payment by smartphone service through its Saturn Smartpay system in Hamburg, Germany.
Household appliances retailer East Coast Appliance is gearing up for expansion across the US through various strategic initiatives.
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