RTIH brings you Retail Technology Week by the numbers — Retail Technology Innovation Hub
$200 million…Wayflyer secured a $200 million debt financing facility (plus $53 million mezzanine) from Credit Suisse.
The company, which earlier this year achieved unicorn status by announcing $150 million in Series B funding, offers e-commerce businesses a range of funding and analytics solutions.
It says it will use the additional credit facility to quickly provide financing to e-commerce businesses, helping them fuel growth, improve cash flow and boost sales.
Wayflyer will also be able to improve its liquidity and support its ambition to offer the most competitive prices to its customers, in the United States and in Western Europe.
25…Just Eat and Booker Wholesale have teamed up to offer delivery to thousands of Symbol Group convenience stores in the UK.
Operators of Londis, Premier, Budgens and Family Shopper will be able to offer customers a range of fresh food, basic necessities, drinks and tobacco delivered to their homes within 25 minutes.
53% of over 54s find texting from brands useful, exactly the same percentage as the number of their Gen Z (18-24) counterparts, according to research by Yotpo.
700… Trove reports that its recommerce technology is now present in 700 physical stores in the United States.
Arc’teryx, Eileen Fisher, Levi’s, Lululemon, Patagonia and REI are among the companies now offering their customers a convenient way to redeem items in stores.
1… Together with Coca-Cola and Dave & Busters, Zippin has launched what is billed as the first checkout-free store in a restaurant in Hollywood, Florida.
The Game & Go location is stocked with a variety of Coca-Cola food and beverages to provide Dave & Buster gaming customers with quick snack options in addition to stopping at the bar or sitting down for a meal .