Flowspace Raises $31M in New Funding Round

| Mike O'Brien

Flowspace, a provider of warehouse-on-demand software and services, has raised $31 million in a new round to expand its business and build on capabilities like predictive analytics to help retailers achieve fulfillment network optimization through precise fulfillment hub and inventory positioning.

Digital Gifting: Lessons Learned During the 2020 Holidays

| Jenn Muller

No matter the hurdles placed in front of them, many retailers and consumers are trying to create digital gifting experiences that enable people to create strong connections. It should not be an on/off switch to maximize holiday shopping opportunities but a strategic part of a retailer’s overall ecommerce strategy.

Dick’s Sporting Goods Doubles Ecommerce Sales in 2020

| Mike O'Brien

Dick’s Sporting Goods, like Target and Walmart before it, is seeing strong results in the pandemic era, increasing overall sales 19.8% in the fourth quarter, while ecommerce was up 57% and same-store sales increased 19.3% as its omnichannel execution excelled.

O+F Advisor 3/17/21

| David Hurwitz

week of 3/17/21 Flowspace Raises $31M in New Funding Round Flowspace, a provider of warehouse-on-demand software and services, has raised $31 million in a new round to expand its business … Continue Reading →

Hits of the Week 3-15-21

| David Hurwitz

week of 3/15/21 Dick’s Sporting Goods Doubles Ecommerce Sales in 2020 Dick’s Sporting Goods, like Target and Walmart before it, is seeing strong results in the pandemic era, increasing overall … Continue Reading →

Michaels To Be Acquired, Taken Private in $5B Deal

| Mike O'Brien

Michaels, the Dallas-based retail chain known for supplying do-it-yourself crafters for more than 45 years, is once again being acquired by a private equity firm after a seven-year run as a public company and an impressive valuation run in a very difficult year for the industry.