The Latest News in Retail Innovation & Startup

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

Wearables

Winter Is Coming For Wearables

Remember wearables? Those wristbands and glasses that were going to take over our lives? This time last year, many of us had high hopes that 2014 was (finally) going to be the year of the wearable.

By: Kitty Ireland. Source: TechCrunch

Commerce

Data And Commerce Elope, Birth Unicorns

First we went online to learn. Then we naturally started buying stuff. Smart retailers learned to target us based on our behavior.

By: Levi King. Source: TechCrunch

Weed Startups

These 7 weed startups are the toke of the town

When Peter Thiel’s Founders Fund dropped a fat bag of cash into cannabis private equity firm Privateer Holdings, the whole industry exhaled a puff of excitement and hope. Finally, venture capital was beginning to take the industry seriously.

By: Kia Kokalitcheva. Source: VentureBeat

Bitcoin and the Digital-Currency Revolution

By: Michael J. Casey and Paul Vigna. Source: Wall Street Journal For all bitcoin’s growing pains, it represents the future of money and global finance….