Technology

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Technology

NRF: Inventory Shrink Costs Retailers $44 Billion in 2014

Percentage of sales, at 1.38 percent, lowest in survey’s 24-year history.

Carolina Hererra, Warby Parker, AYR, Saint Laurent

Testing the Tech Bubble

Valuations are high, but are they for real? The next boom or bust could hang in the balance.

Euclid to Launch Event-Monitoring Tool for Physical Retailers

Set for July introduction, Event IQ designed to help brick-and-mortar stores measure performance of promotions and events.

Fitbit

Fitbit Looks Ahead After IPO Boost

Let the wearables games begin.

Tory Burch for Fitbit silicone printed bracelet in Tory navy.

Fitbit Stock Jumps 52% in IPO

Shares of Fitbit jumped 52 percent after the company's initial public offering on the New York Stock Exchange today.

Twitter logo.

Dick Costolo Stepping Down at Twitter

Co-founder and chairman Jack Dorsey will serve as interim ceo.

Yoshirt

Yoshirt Lands $1.1M for Customizable Fashion App

Yoshirt closed on a $1.1 million seed round from Kleiner Perkins Caufield & Byers, Mesa Ventures and Resolute Ventures.

Jack Ma

Alibaba’s Jack Ma on Going Global

Alibaba chairman Jack Ma made his case to American brands Tuesday afternoon at the Waldorf Astoria in Manhattan.

On-Demand Laundry Service Nabs Seed Round From Fashion Brands, VCs

San Francisco-based Rinse Inc. said it closed on $3.5 million that will be used to expand the company's service areas and offerings.