Apollo Global Management is reportedly second-guessing its investment in Amazon brand aggregator Perch. The private equity firm in 2001 pledged up to half a billion dollars in debt to Victory Park Capital, which invests in multiple aggregators, Perch among them. Now, as Bloomberg News reported...
Amazon is quickly expanding its “Just Walk Out” frictionless checkout system to new parts of the country. The first full-size Amazon Fresh location using the technology on the East Coast opened with a new 30,000-square-foot store in Fairfax, Virginia, WTOP News, a Washington, D.C. outlet,...
Retailers understand that they need an omnichannel approach to succeed. Plus, Ulta plays offense as eager shoppers return to stores, and Perch adds Web Deals Direct to expand its capabilities. Data: 20%: Increase in Ulta’s foot traffic in 2021 vs. 2019. 59%: Share of shoppers...
In today’s top retail news, an increasing number of retail partnerships are paving the way for a potential new way of doing business, including the collaboration between Ulta Beauty and Target that is continuing to roll out. Also, Ace Hardware is planning a new distribution...
June 17, 2021
Computer vision is transforming the grocery store experience. It is revolutionizing the checkout experience, streamlining the order fulfillment workflow, and now changing the way we purchase products for our pets. Marketing platform Perch, which uses computer vision to create touch-responsive digital media in stores, announced Thursday (June 17) that it has partnered with Nestlé’s Purina […]
November 05, 2020
It seems you can buy pretty much anything you want on Amazon these days. But when Perch CEO Chris Bell goes shopping on the world’s largest online retailer, he’s not...
March 04, 2024
Razor Group has acquired Perch in a deal that consolidates two online brand aggregators. Following this acquisition, Razor Group now operates a catalog of 40,000 products across three continents, in more than 10 countries and 30 channels, “paving the way for a [$1 billion] top-line business,” Tushar Ahluwalia, co-founder and CEO of Razor Group, said in a […]
September 03, 2023
Apollo Global Management is reportedly second-guessing its investment in Amazon brand aggregator Perch. The private equity firm in 2001 pledged up to half a billion dollars in debt to Victory...
July 28, 2021
Tech-based marketing platform Perch has hired former Amazon exec Rahul Shewakramani as its head of M&A in Europe and committed 300 million euros (more than $416 million) to acquire third-party...
January 07, 2020
Real estate technology firm Perch has rebranded as Orchard while raising $36 million in new equity funding led by Navitas, with participation from FirstMark, Juxtapose and Accomplice, the company announced...
