Image Relay Launches Digital Proofing

| Image Relay

BURLINGTON, VT, Sept. 27, 2023 – Image Relay, delivering a single source of truth for all digital assets and product information, today announced the launch of Digital Proofing. The new … Continue Reading →

Simon Property Group Expands Dropit Partnership

| Mike O'Brien

Simon Property Group has expanded a partnership with retail technology provider Dropit to offer its tenants the ability to optimize functions like ship from store, inventory management and returns, powered by AI, initially at 60 Simon locations. Dropit’s technology sits on top of a company’s OMS, WMS and inventory management systems, augmenting order sourcing, fulfillment, delivery and returns.

Instacart Valued at $10 Billion in Long-Awaited IPO

| Mike O'Brien

Instacart issued its long-expected initial public offering of stock on Tuesday, priced at $30 a share for a valuation of $10 billion, well below the $39 billion it was valued at after a fundraising round in early 2021, but at an offering price low enough to entice retail investors to join the party. The company has been profitable since Q2 2022 despite falling revenue, thanks to various trimming.