Forerunner Ventures, the investment firm behind Warby Parker and others, was among several companies that contributed to Stadium Goods' $4.6 million equity funding. The funding will help the retailer expand further.
Amazon.com said on Thursday it plans a hiring spree for warehouses it is building across the United States, making it the latest company to tout U.S. job creation since Donald Trump won the U.S. presidential election in November.
Marks & Spencer beat forecasts for Christmas with its first quarterly rise in clothing sales in nearly two years. But a calendar shift meant the welcome boost for CEO Steve Rowe wasn't as good as it seemed.
The retailer said on Thursday it would accelerate the pace of its infrastructure investment as it expects sales to rise by nearly a third this year following bumper demand internationally over the Christmas period.