Author: CXM Editorial

Retail App Poq Gets £3.5m, Brings Total to £7m

Retail app Poq has received £2.5m in an equity funding round led by Beringea and with participation from Meyer Bergman. The firm also secured £1m in debt funding from Barclays. With this raise, Poq brings its total amount of money raised to date to £7m. The...

A Retail Startup That Allows People to Try on Clothes Digitally Just Got a £10 Million Boost

LONDON – Metail, which allows customers try on clothes in a virtual fitting room, secured £10 million ($12.88 million) in a Series B funding round, as fashion retail continues its move from the high street to the internet. The round was led...

LondonMetric Has Snapped up Two M&S Stores for £25m

A pair of Marks & Spencer retail units has been acquired by LondonMetric as the property investor continues to grow its convenience portfolio. The London-based firm has snapped up the two edge of town retail assets in Newport, Isle of Wight...

Extensive Read: 3D Printers Start to Build Factories of The Future

Recent advances make 3D printing a powerful competitor to conventional mass production SLOWLY but surely the sole of a shoe emerges from a bowl of liquid resin, as Excalibur rose from the enchanted lake. And, just as Excalibur was no ordinary...

Amazon Discounts Make Echo Speaker Best Seller on Prime Day

Millions’ of members had shopped on the site by early Tuesday Wal-Mart, EBay among rivals also offering sales deals Amazon.com Inc. used steep discounts to turn its Echo speaker into a best seller on the company’s annual Prime Day, making good on a...

Yorkshire Firm The Car People to Create 175 Jobs with £13m Warrington Showroom

Vehicle supermarket The Car People is creating 175 jobs with a new multi-million-pound showroom in the North West. The Wakefield-headquartered firm invested £13m in the centre, which comprises 42,000 sq ft across a 13-acre site in Warrington. The Car People said the...

Microsoft Officially Ends Support for Windows Phone

Your device won’t be a brick, but it won’t get more updates. It’s official: for all intents and purposes, the Windows Phone era is over. Microsoft has ended support for Windows Phone 8.1 just over 3 years after its April 2014 debut. From now on,...

U.K. Pay Falls Despite Lowest Unemployment Since 1975

Pay adjusted for inflation drops 0.5% between March and May Unemployment falls to 4.5% as economy creates 175,000 jobs British consumers are continuing to see their spending power eroded by feeble wage increases and the rising cost of living, despite unemployment falling...

TripAdvisor Teams Up With Deliveroo

Restaurant delivery service Deliveroo is to be incorporated into TripAdvisor listings in cities across 12 countries, thanks to a partnership between the two firms. Customers will be able to access Deliveroo by clicking “order online” within TripAdvisor. The scheme will connect more...

Seedrs & Nutmeg Partner with Fidor Bank on Fintech Marketplace

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The...