Douglas P. Clement

dpaulclement@gmail.com

Douglas P. Clement is principal of Boardwalk Media + Communications, a Connecticut-based provider of digital content, branding, social media management, strategic communications and more. Previously Senior Editor and Digital Editor of Connecticut Magazine, and Executive Editor of The Litchfield County Times publishing group, he was named national Editor of the Year by a leading journalism industry group in 2005, won the nation’s top award for lifestyle journalism from the University of Missouri Schools of Journalism seven times, and has covered arts, culture, design and theater regionally for The New York Times.

Nectar Parent Company Resident Raises $12.5 Million

| Douglas P. Clement

Direct-to-customer ecommerce startup Resident, whose home furnishing brands include Nectar, DreamCloud, Level, Awara, Wovenly, Bundle and 1771 Living, has raised $12.5 million from Tel Aviv-based Liquidity Capital. Resident will use the capital to drive growth and move into additional home products.

Holiday Ecommerce Up 18.8%; Retail Up 3.4%; Amazon Sets Records

| Douglas P. Clement

Ecommerce holiday sales rose 18.8% over 2018, driving 3.4% overall growth in seasonal retail, delivering a very merry season for merchants, according to the Mastercard SpendingPulse holiday report. Ecommerce growth was up slightly from an 18.4% gain in 2018, accounting for 14.6% of total retail, according to Mastercard.