Because of the unpredictable nature of the fashion industry, fashion brands often have to ‘guestimate’ demand for their products, and if they get that demand wrong, they have to deal with the wasted inventory. All too often clothes end up being incinerated unnecessarily, adding to their environmental impact. UK startup Purple Dot has an ecommerce […]
E-commerce logistics startup Hive buzzes following $34M investment
Hive levels the logistics playing field by streamlining fulfillment so that DTC companies get the same inventory management, cost structure and customer notifications that big brands use.
MarginEdge, a restaurant management software company, raises $18M
MarginEdge’s tool is a restaurant management app that works with a business’ point of sale to streamline inventory, cost-tracking, ordering and recipes to eliminate the paperwork.
Simbe’s robots will be deployed across midwestern grocery chain, Schnucks
St. Louis-based grocery chain Schnucks (one of those “With a name like Smucker’s, it has to be good” situations, one imagines) announced this week that it will be deploying technology from Simbe Robotics across its 111 U.S. locations. The deal comes a year and a half into a global pandemic that has substantially increased interest […]
Independent retailer platform Creoate raises $5M Seed led by Fuel Ventures
Creoate is a startup, which lets independent retailers buy sustainable products from brands and wholesalers, has raised a $5m Seed round led by Fuel Ventures with participation from Vinted founder, Justas Janauskas. Its competitors include traditional wholesalers who’ve supplied independent retailers for decades, and other startups such as Faire (US, raised $696M) and Ankorstore (FR, […]