Brightpearl Racks Up $8 Million in Series B Funding
Cloud software platform, Brightpearl, recently announced raising $8 million in Series B financing co-led by seed investors Eden Ventures and Notion Capital. They plan to use the funding to invest in continued enhancements to its industry-leading Commerce Acceleration Platform, and to expand sales in North America and the UK.
The Memo Sears Wrote that JCPenney Didn’t Receive
Sears and JCPenney, two of America’s historical retailers, have been under the microscope for some time now for their declining sales, stock drops, and overall lack in customer interest. However while JCPenney is creating apology videos (http://www.youtube.com/watch?v=ACAkN6w86XM) Sears is cooking up a winning formula that is apparently garnering much customer and media buzz that I am sure will translate into dollars soon enough.
To Save Retail, We Must Unbundle It
Consider the value chain for news and ideas in 2013: All kinds of people write content – professionals and amateurs, adults and kids. Bloggers aggregate it and throw in some content of their own. I aggregate feeds from those guys on Twitter. I use Flipboard to render my Twitter feed, so it reads like an old-fashioned “magazine” to me. I do this all on hardware I buy from Apple (phone, tablet, laptop, and a beautifully high-def 27” display). On the back end of all this: high-speed access from a variety of players like Time Warner Cable and Verizon Wireless.
Simparel Provides a More Efficient Way to Use ERP
Simparel Inc. recently released a report about all the benefits and opportunities found when using their new unified ERP solutions. Simparel is the leader in North America of fashion and apparel ERP. The goal at Simparel was to give some insight to others on ERP and find more efficient ways to use it. ERP stands for Enterprise Resource Planning which uses integrated applications to manage a business or organization. Some well known brands known for using ERP are Marc Jacobs, Michael Kors, and Sephora.
Could the Online Shopping Frenzy be Slowing Down?
Over the last couple of years, online shopping has become a way of life for consumers. It was easy and allowed them to shop from the comfort of their own homes or on the go. But, has all this changed?
According to the U.S Retail Survey, more than two-thirds of Americans prefer to shop in traditional, brick and mortar stores than online commerce sites, according to a survey conducted by Instant.ly on behalf of Synqera, a global technology startup that uses big data to bring personalized digital experiences to the physical retail store. The survey found that shoppers gravitate towards retail locations that offer customized shopping experiences but that checkout remains the number one pain point for 73 percent of U.S. consumers.
Circle Up Grabs $7.5 Million in Funding
It can be difficult bridging the gap between retailers, consumer companies and investors. A year ago, this problem was solved with the launch of Circle Up. So far the company has seen great success and gave a great presentation at The Third Annual Consumer Brand Conference.
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From the Archives
Warby Parker Rakes in $36.8M in Series B Funding
Trendy Startup Shakes Up Eyewear Industry New York-based startup Warby Parker has raised $36.8 million is Series B funding led by General Catalyst. It has been reported that the round could top out at $40 million.
FashInvest Exclusives
FashInvest Exclusive:Entrepreneur Kathy Ireland Talks About What it Takes to Build a Business
When building a brand, there is so much more to than just sales and profits (although these are also important aspects). You want to build something that consumers can relate to; you want to build a lifestyle. I recently attend The Third Annual Consumer Brand Conference hosted by Consensus Advisors, a boutique investment bank focused on the retail and consumer products industries, and The NASDAQ OMX Group, Inc.
