The fourth cohort of start-ups features innovations from the US, UK, Germany, Czech Republic and the Netherlands, joining the first Dream Assembly programme to run in its entirety with a fully digital schedule.
Shares in Hammerson have plunged by more than 7% after the shopping centre owner revealed that its plan to raise £400 million by offloading a portfolio of retail parks has failed to complete by the deadline.
A surge in digital sales for U.S. retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer, it said on Thursday.
Comcast Corp's NBCUniversal said on Thursday it aims to help retailers that have been forced to shut down amid the pandemic through new ecommerce tools that will let people buy products directly from NBC's content.
German consumers are counting their pennies rather than returning to shop in large numbers as stores gradually reopen after being locked down during the coronavirus crisis, the national retailers association said.
Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for small businesses by capitalising upon WhatsApp's already extensive reach within India.
The Council of Fashion Designers of America and Vogue have successfully raised over $4 million in relief funding through A Common Thread, the initiative put together to support the U.S. fashion community during Covid-19.
Alibaba Group Holding Ltd said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years, following a boom in demand for business software as the coronavirus outbreak peaked in China.
The number of British people leaving their homes to go shopping has slumped by 83% since the government closed non-essential retail outlets last month, the British Retail Consortium trade body said on Monday.