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8fig Raises $140M to Support Online Sellers with Funding, Financial Management Tools

Retail TouchPoints

8fig , a funding and management platform for ecommerce businesses, has closed a $140 million Series B funding round, bringing its total funding to date to $196.5 8fig provides ecommerce businesses (primarily marketplace sellers) with bespoke funding plans, optimized according to their supply chain and cash flow needs, to accelerate growth.

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Purple Shares Ascend Following Coliseum Capital Management Acquisition Bid

Retail TouchPoints

Purple Innovation has confirmed that investment firm Coliseum Capital Management made an unsolicited, non-binding proposal to acquire all outstanding capital stock of the digitally native mattress company for $4.35 when markets opened Sept. when markets closed on Sept. per share on Sept. 19, 2022, up from $2.79

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Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management.

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Is it Time to Upgrade Your WMS to a Fulfillment Management System?

Retail TouchPoints

Ecommerce has undergone a remarkable transformation in recent years, and warehouses must consistently deliver a seamless, end-to-end consumer experience to remain competitive in this evolving market. That’s where a modern fulfillment management system (FMS) steps in to meet both internal and external needs.

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Automation Isn’t Always the Answer to Warehouse Inefficiencies

Retail TouchPoints

Supply chain managers are having to become even smarter about how to reduce costs and drive efficiencies throughout their warehouse and supply chain. What’s Keeping Retail Supply Chain Managers Awake at Night? If they don’t already have a seat at the senior leadership table, they should.

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Supply Chain Digitalization Challenges that Every Retailer Faces and how to Mitigate Them

Retail TouchPoints

As the demand for digitalization grows in the retail supply chain, retailers often face multiple challenges in achieving the same. By understanding common challenges that other retailers have faced in the past, the retailer community can work toward managing these challenges better and build their supply chains for more resilience.

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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. This focused approach results in retail ERP systems being far lighter and easier to implement and manage. The secret lies in their well-developed Customer Relationship Management (CRM) system.