Sam’s Club to offer same-day grocery delivery via Instacart at over half its stores by month end

October 18, 2018 Editor 0

Fresh off its $600 million round of new funding, grocery delivery service Instacart is expanding its relationship with Walmart, the companies announced this morning. The two first joined up in February to offer same-day grocery delivery at select Sam’s Clubs locations in the U.S. Today, Walmart says it plans to offer Instacart-powered grocery delivery in over half of Sam’s Clubs stores by the end of this month. That expansion will make Sam’s Club grocery delivery via Instacart available to nearly 1,000 new […]

Amazon puts $10M in Closed Loop Fund to make recycling easier in more American cities

October 16, 2018 Editor 0

Amazon announced today that it has invested $10 million in Closed Loop Fund, which finances the creation of recycling infrastructure and services in U.S. cities. In a statement, the e-commerce behemoth claimed that its investment will keep one million tons of recyclable material out of landfills and “eliminate the equivalent of two million metric tons of CO2 by 2028, equivalent to shutting down a coal-fired power plant for six months.” Founded in 2014, Closed Loop Fund invests in companies and organizations […]

Amazon debuts a retail site for ‘Shark Tank’ products

October 15, 2018 Editor 0

Inventor Jamie Siminoff was rejected by the sharks on ABC’s “Shark Tank” in 2013 when trying to make a deal for his video doorbell startup. This year, Amazon bought his company, Ring, for a billion dollars. Now, Amazon is looking for another way to tap into breakout products from the popular TV show – by becoming an official retailer partner for “Shark Tank.” The newly announced deal allows Amazon to showcase past and future “Shark Tank” products on its website, and […]

Sears, the Amazon of its day, files for bankruptcy

October 15, 2018 Editor 0

Sears, which invented the strategy of selling everything anyone with a mailing address long before Amazon, has been mortally wounded by its spiritual successor. After nearly a decade of struggle, the US retailer announced that it has filed for bankru…

After its acquisition, Magento starts integrating Adobe’s personalization and analytics tools

October 9, 2018 Editor 0

It’s been less than six months since Adobe acquired commerce platform Magento for $1.68 billion and today, at Magento’s annual conference, the company announced the first set of integrations that bring the analytics and personalization features of Adobe’s Experience Cloud to Magento’s Commerce Cloud. In many ways, the acquisition of Magento helps Adobe close the loop in its marketing story by giving its customers a full spectrum of services that go from analytics, marketing and customer acquisition all the way […]

ePrivacy: An overview of Europe’s other big privacy rule change

October 8, 2018 Editor 0

Gather round. The EU has a plan for a big update to privacy laws that could have a major impact on current Internet business models. Um, I thought Europe just got some new privacy rules? They did. You’re thinking of the General Data Protection Regulation (GDPR), which updated the European Union’s 1995 Data Protection Directive — most notably by making the penalties for compliance violations much larger. But there’s another piece of the puzzle — intended to ‘complete’ GDPR but […]

The next big restaurant chain may not own any kitchens

October 7, 2018 Editor 0

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media, retail and logistics will also work their way through prepared food businesses. The Battle Is For The Customer Interface Investors are pouring millions into the creation of a network of shared kitchens, storage facilities, and pickup counters that established chains and new food entrepreneurs can […]

Deliverr raises $7M to help e-commerce businesses compete with Amazon Prime

October 5, 2018 Editor 0

When Amazon rolled out its membership-based two-day shipping service in 2005, e-commerce and customer expectations around fulfillment speed changed forever. Today, more than 100 million people use Amazon Prime. That means, 100 million people are fully accustomed to two-day shipping and if they can’t have it, they shop elsewhere. As The Wall Street Journal’s Christopher Mims recently put it: “Alongside life, liberty and the pursuit of happiness, you can now add another inalienable right: two-day shipping on practically everything.” Only […]

Facebook adds A.I. to Marketplace for categorization, price suggestions and soon, visual search

October 3, 2018 Editor 0

Facebook is celebrating the two-year anniversary of its Craigslist competitor, Facebook Marketplace, with the launch of new features powered by A.I. Specifically, the social network says it’s adding price range suggestions and auto-categorization features to make selling easier, and it says it’s testing camera features that would use A.I. to make product recommendations. Automating price suggestions and categorization, however, is not unique to Facebook – eBay earlier this year introduced a feature in its mobile app that will fill out […]

Vahdam Teas raises $2.5M to grow its tea-commerce business in the US

October 1, 2018 Editor 0

Vahdam Teas, an India-based e-commerce startup that cuts the supply chain down to sell fresh teas online, has pulled in a $2.5 million Series B investment for growth in the U.S. and other global markets. The round comes from existing investor Fireside Ventures, a consumer brand-focused VC firm. It follows a $1.4 million Series A round that was announced at the end of 2017, and it takes two-year-old Vahdam to $5 million from investors to date. TechCrunch understands from a source with […]