Tuesday, July 18, 2017

NewStore Raises $50M to Help Retailers Take on Amazon

As Amazon continues to eat the retail world, how can brick-and-mortar stores expect to not only survive but flourish?

Stephan Schambach, founder of Demandware, has made it his mission to answer this question with NewStore, his new mobile retail platform startup that recently closed a $50 million Series B round. The round, which was announced on Tuesday and brings the startup's total funding to $90 million, will be used to bring NewStore's software to market and help brands adopt an omnichannel approach to retail that will marry the physical and digital worlds under one integrated system.. . . more

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