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Amazon's first grocery store is coming up in LA

Amazon's first grocery store is coming up in LA

Amazon will be opening its first physical grocery store in an LA neighborhood. This retail store will be its first that will not be under the Whole Foods banner. Reports suggest that this grocery stor... Read more

Alibaba rakes in big money on its Singles' Day sale

Alibaba rakes in big money on its Singles' Day sale

The Chinese retail giant Alibaba kicked-off its mega sale on Singles’ Day with performances from the American pop star Taylor Swift and local celebrity Jackson Yee. But it is the fantastic numbe... Read more

Amazon Prime will come at a discounted rate for the veterans

Amazon Prime will come at a discounted rate for the veterans

Veterans Day is approaching and to show its appreciation for its service, Amazon has announced that its premium Prime service will be available for the veterans at a discounted price. The veterans can... Read more

In Series B, Fabric raises $110 million

In Series B, Fabric raises $110 million

Formerly known as CommonSense Robotics, the NYC-based logistics company Fabric has raised $110 million in Series B round. The investment round was led by Corner Ventures with participation from Aleph,... Read more

Best Buy announces next-day delivery as holidays approach

Best Buy announces next-day delivery as holidays approach

Following in the footsteps of the retail giants Amazon and Walmart, Best Buy has now announced next-day delivery on thousands of items. The delivery offer will be extended to almost all their customer... Read more

New York-based DeepMagic acquired by Standard Cognition

New York-based DeepMagic acquired by Standard Cognition

Standard Cognition is quickly working its way through the retail charts with its breakthrough technologies. Today, the company announced that it has acquired NY-based AI startup DeepMagic. Bernd Schon... Read more

H&M's Afound will be focusing on online expansion

H&M's Afound will be focusing on online expansion

Fashion retailer Afound has announced that it will be focusing more on expansion through the online marketplace and will work less on expanding its physical presence. Launched in 2018, Afound is an H&... Read more