Kelly Smith

Seattle startup vet Kelly Smith heading to Shanghai to lead Starbucks digital push in China

Seattle startup vet Kelly Smith is headed to Shanghai. But Smith — the founder of RocketVox (sold to ThePlatform), ImageKind (sold to CafePress) and Zapd (sold to RealSelf)— isn’t checking out China’s startup scene. Instead, he’s been tapped by Starbucks to lead digital efforts in the fast-growing country, one of the coffee retailer’s most important… Read More

zulily55

Women aren’t pregnant forever: Zulily grapples with slow shipping times

In today’s world of instant gratification and rapid shipping, Zulily orders can practically take an eternity to show up at your doorstep. Average wait times: A few weeks, and sometimes longer. I know this first-hand. Last year, a maternity dress I bought missed two weddings that I planned to attend while pregnant. Finally, I canceled the order because customer service… Read More

model-doll

Maveron bankrolls edgy girls apparel retailer Dolls Kill, an online boutique for ‘Misfits & Miss legits’

Maveron has helped jumpstart some well known retail brands, from sandwich maker Potbelly to flash sales site Zulily to online marketplace eBay to cosmetics startup Julep. Now, the Seattle venture capital firm, founded by former investment banker Dan Levitan and Starbucks chairman Howard Schultz, is making one of its boldest bets yet. The firm is… Read More

trunkclub1

Nordstrom buys men’s clothing service Trunk Club

Nordstrom is buying Chicago-based Trunk Club, a shopping service that helps men find the perfect outfit. Terms of the deal were not disclosed. “What Trunk Club is doing in the personal styling space is a natural extension of our core business,” said Erik Nordstrom, president of Nordstrom Direct, in a press release. “This acquisition is… Read More

comrse-screengrab

As Facebook and Twitter push into social commerce, Seattle startup Comr.se raises cash

Comr.se, a social commerce startup that graduated from B2B incubator 9Mile Labs last year, has reeled in an additional $800,000 in capital that it will use to grow the team and add new customers. The company earlier this month rolled out a full public release of the technology, which allows brands using e-commerce platforms such as  Magento, Shopify,… Read More

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18-year-old Seattle retailer OnlineShoes.com finds a buyer, merges with ShoeMe

OnlineShoes.com, a Seattle online retailer of footwear that got its start in 1996 a year after Amazon.com emerged on the scene, has been acquired by Canadian entrepreneur Roger Hardy. Hardy Capital Corp. is buying the online retailer for an undisclosed sum, joining with a group of Canadian investors. They’ve also purchased Vancouver, B.C.-based ShoeMe.ca, with… Read More

bonobos555

Men’s clothing retailer Bonobos raises $55M from Nordstrom and others to open ‘Guideshops’

Bonobos started in 2007, selling flashy men’s apparel online. Now, the New York-based company has scored $55 million in fresh capital — including money from Coppel Capital, Mousse Partners and Nordstrom — to expand the brand in the physical retail world. The money-losing company plans to open about 30 new stores in the next two years, adding… Read More

legomovie

No ‘Lego’ DVD for Amazon customers: Warner Home Video pre-orders nixed in latest negotiating standoff

Amazon’s contract battle with Hachette has been getting lots of attention, with the Seattle company delaying book shipments and declining to take pre-orders for popular Hachette titles amid negotiations with the publisher. But it turns out that’s not the only standoff affecting the retailer’s catalog. Upcoming DVDs and Blu-ray versions of Warner Home Video movies — including “The… Read More

Apple's University Village store. (Credit: Apple)

Surprise! The second-largest retailer after Amazon is not what you’d expect

Nope, it’s not Macy’s or Walmart. Apple is the second-largest U.S. online retailer after Amazon, with more than $18.3 billion in sales from its website and iTunes. E-commerce research firm Internet Retailer reported today that Amazon remains miles ahead of its U.S. competition in the online retail space. Last year, Amazon’s retail sales amounted to $67.9… Read More

gamestop

If new consoles from Microsoft and Sony didn’t save GameStop, then what can?

GameStop’s stock traded lower today after it reported weaker-than-expected results in the fourth quarter despite strong console launches from both Sony and Microsoft. Analysts said the disappointing results were largely driven by a switch in consumer behavior from buying games at retail to purchasing them digitally for the new consoles, as well as, playing games… Read More

Zulily co-founder Mark Vadon in a 2011 interview

This Seattle tech exec saw his net worth skyrocket $500 million today

Zulily’s shares jumped more than 35 percent today after Wall Street applauded the Seattle online retailer’s fourth quarter earnings, which blew right past analysts’ estimates. The performance even got CNBC’s Jim “Mad Money” Cramer hyperventilating with excitement. But there’s one person who benefitted more than anyone with today’s news: Zulily chairman Mark Vadon. Vadon, the… Read More

Target Chairman and CEO Gregg Steinhafel

Target security breach encompasses 70 million

Target revealed today that the massive security breach that hit 40 million customers’ credit and debit cards also encompasses the personal information of 70 million people. As a part of its investigation into the breach, the retailer said that the attackers who stole millions of credit cards also got email addresses, phone numbers, names and… Read More