The Latest News in Retail Innovation & Startup

Apple Pay

Apple Pay Starts To Take Off, Leaving Competition In The Dust

Apple Pay almost got buried in the blowout profits of Apple’s first fiscal quarter reported today. But while Apple’s new mobile wallet surely won’t contribute to those profits anytime soon, if ever, it’s clear that new iPhone 6 owners like it. A lot.

By: Robert Hof. Source: Forbes

Pink Peonies

Pink Peonies Blogger Unveiling Line

Blogger Rachel Parcell of Pink Peonies was getting so good at selling other people’s wares that she decided to make and sell her own.

By: Rachel Strugatz. Source: WWD

Ben Horowitz

VIDEO: How Can Large Companies Innovate?

Expanding on the “good ideas that look like bad ideas” concept first outlined by Peter Thiel in Paul Graham and Chris Dixon (at Startup School 2013), Ben Horowitz shares a way for big companies to think about this — and what it means to innovate.

By: Ben Horowitz. Source: Adreessen Horowitz

Minibar

Minibar Offers On-Demand Booze Delivery In 13 Cities

The snow is piled high and frozen on the New York City streets. Joshua and Amanda sit on their couch for the fifth night in a row, bored out of their minds but unwilling to bundle up, venture into the winter night and try to find warmth elsewhere.

By: Jordan Cook. Source: TechCrunch

Fashion Project

Clothing Donation Site Secures Funding

Fashion Project, a clothing donation Web site whose tag line is “Fashion as a Force for Good,” has secured $7.2 million in Series A funding from a group of private investors including Second Time Around, Simon Venture Group, Burch Creative Capital, Robert Hall of Vera Bradley, RiverPark Ventures, Schooner Capital and Abundance Partners.

By: Sharon Edelson. Source: WWD

Jet

Jet.com Could Start The Mother Of All Price Wars

Since July of last year, entrepreneur Marc Lore has been posting coy updates to his Tumblr about Jet.com, a mysterious “new shopping experience” that would “empower customers like never before.”

By: Sapna Maheshwari. Source: BuzzFeed News

Slyce

Slyce Snatches Up Mobile Couponing App SnipSnap For $6.5 Million

Visual search provider Slyce is expanding its lineup of mobile applications taking advantage of its proprietary image recognition technology with the acquisition of popular mobile couponing app SnipSnap for $6.5 million.

By: Sarah Perez. Source: TechCrunch

Bitcoin

VIDEO: Bitcoin Might Matter More Than You Think

Paul Vigna and Michael Casey discuss their new book “The Age of Cryptocurrency” as well as the mystique and challenges facing Bitcoin and the virtual currency business.

Source: AlleyWatch