Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
As part of its marketplace operation, Klarna has announced it is adding new features to the company’s artificial intelligence-enabled virtual shopping assistant powered by OpenAI. The AI assistant now provides a chat-based shopping experience, helping shoppers...
As the retailer looks for more ways to support its third-party marketplace sellers, Walmart has brought Onramp on board as a funding provider. Onramp announced that it has joined Walmart’s marketplace, connecting its funding platform to allow the retailer’s e-commerce...
Tupperware Brands Corporation announced it has engaged financial advisors to help improve its capital structure and near-term liquidity while noting in a statement it has “substantial doubt” about its ability to continue as a going concern. The longtime maker of food...
Bed Bath & Beyond is returning to the equity market in a bid to raise cash while simultaneously warning of weak fourth-quarter results and the possibility of bankruptcy. The company announced it had launched a new, At-The-Market offering program, entering into a...