In memoriam: Iconic retail brands we lost in 2020
Although 2020 was a historic year for corporate bankruptcy filings, plenty of major retailers seem poised to emerge once again.
2020
234 English stories filed on their original news datelines.
2020 brought the actual, definitive, final end of department store dominance
Many of the biggest department store names shut down or went bankrupt, and the few that remain face a market that has shifted to e-commerce.
AB InBev further reduces its debt load
AB InBev sells nearly half of its US can plants to a consortium formed around the investment company Apollo. The proceeds of the sale will be used to reduce debt.
SKU cuts and vendor shortlists defined CPG supply chains in 2020
Simplification was the name of the game as the pandemic made managing complex supply chains more complicated.
Magdrive secures seed funding for new propulsion system which could take us to the stars
A startup with a new type of spacecraft propulsion system could make the interplanetary travel seen in "Star Trek" a reality. Magdrive has just closed a
Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa
Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy
UAE group Gulf Marketing buys Royal Sporting House
Gulf Marketing Group (GMG) has acquired Royal Sporting House (RSH) to strengthen its presence in Southeast Asia’s sports retail market.
Austin's edtech startup Aceable adds another $50 million for accelerated expansion
Aceable, the Austin-based mobile edtech service for state-accredited classes, is getting an "A" from investors again as private equity firm HGGC pours $50
Final agreement on the acquisition of Hema
Final agreement has been reached on the sale of Hema to Parcom and Mississippi Ventures of the Van Eerd family (Jumbo).
Hightouch raises $2.1M to help businesses get more value from their data warehouses
Hightouch, a SaaS service that helps businesses sync their customer data across sales and marketing tools, is coming out of stealth and announcing a $2.1
2021 holds even more Samsung foldables
The foldable category got off to a famously rocky start. Fifteen months after the release of the first Galaxy Fold, Samsung has had time to work out some
Live-streaming platform BoxCast raises $20M
BoxCast, a Cleveland-based company aiming to make it easy to live stream any event, has raised $20 million in Series A funding. Co-founder and CEO Gordon
Coefficient Capital VC Franklin Isacson: 'We focus more on liquidity than we did before'
When Coefficient Capital raised its first fund in March, the idea was to invest in consumer brands that could weather a recession.
Ola to invest $327M to set up 'the world's largest scooter factory' in Tamil Nadu
Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu in India to set up what it claims would be the
Reddit acquires Dubsmash
Reddit announced that it has acquired short video platform Dubsmash. The deal’s terms were undisclosed. Dubsmash will retain its own platform and brand,
Atlanta-based gaming controller peripheral seller KontrolFreek has been bought by SteelSeries
After nearly a decade selling gaming and console peripherals to gamers looking to spice up their systems, Atlanta-based KontrolFreek has been acquired by
