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e-commerce
Derek Medlin, president and chief growth officer at Katapult
North Texas’ Katapult Holdings Promotes Exec to New Position of President/Chief Growth Officer
by Lance Murray | Aug 23, 2024
In his new role, Derek Medlin will lead the business development, marketing, and operations teams at Katapult, with a focus on accelerating gross originations and revenue growth while continuing to drive operational efficiencies and productivity.
![Cynthia Nevels (third from left) with the winners of the last Start.Pivot.Grow. Pitch Competition. The winners pitched their businesses to the UPS Foundation, Wells Fargo Foundation and Dallas College Foundation for cash prizes, as a result of their participation in the Accelerator program. [Photo: Start.Pivot.Grow.]](https://s24806.pcdn.co/wp-content/uploads/2024/07/Start-Pivot-Grow-Nevels-Round-6-Pitch-Group-360x203.jpg)
by Sandra Engelland |
Jul 23, 2024
Now welcoming its ninth cohort, Start.Pivot.Grow. is a 10-week accelerator to help retail, e-commerce, and franchise businesses "reach their maximum potential." The deadline to apply is July 26.
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by Quincy Preston |
Oct 17, 2023
Gardenuity—a high-tech gardening platform with a wellness mission—has harvested new capital to fuel growth, according to an Axios report. And its visibility is blooming nationwide thanks to recent inclusion in major media gift guides.
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by Lance Murray |
Apr 21, 2023
Plano-based retailer JCPenney has appointed company executive Katie Mullen as chief customer officer.
Previously JCPenney’s chief digital officer, Mullen will continue to oversee the company’s e-commerce strategy and omnichannel development, with an added emphasis on customer marketing, engagement, analytics, and more....
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Saltbox location in Carrollton. [Photo: Saltbox]
Co-Warehousing Innovator Opens 2nd Location in DFW With New Outpost in Carrollton
by David Seeley | Nov 16, 2022
Georgia-based Saltbox—acclaimed by Fast Company in its list of 2022 Most Innovative Companies—opened a new 128K-SF co-warehousing location Tuesday in Carrollton. On tap: 169 flexible warehouse suites, 10 office suites, flex office space, access to loading docks, and a "top-of-the-line photo studio for entrepreneurs."
"Our end-to-end solutions power the logistics journey of small businesses from startup to scale," said Saltbox Co-Founder and CEO Tyler Scriven.
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by Kevin Cummings |
Oct 13, 2022
Launched last year with $100 million in debt-free equity capital, Dallas-based Foundry Brands is an acquisition platform that aims to amass a portfolio of 30 to 50 direct-to-consumer e-commerce brands. It's already acquired eight—most recently the Fort Worth-based men’s grooming product company, Supply. Co-founder Matt Rhodes told Dallas Innovates that Foundry seeks brands who've developed "micro-tribes."
“Ultimately, we're looking to be a multibillion-dollar business," Rhodes told us.
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by Dallas Innovates | Staff Report |
Sep 12, 2022
California-based Retail Ecommerce Ventures—which owns Pier 1, Stein Mart, Linens ‘n Things, and RadioShack, among other companies—is making a strategic investment in Tuesday Morning and its 490 stores in 40 states through a $32 million convertible debt financing deal.
“We believe this milestone transaction will strengthen our financial position and provide sufficient liquidity to execute on our strategic plan, allowing us to maintain strong relationships with our valued partners and elevate offerings for our customers,” says Fred Hand, Tuesday Morning’s CEO.
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by Kevin Cummings |
Sep 1, 2022
Working with San Antonio-based bootmaker Lucchese, Immerss delivered a use case that gave the brand a real kick, with a live e-commerce shopping experience that moved the majority of Lucchese sales to direct-to-consumer. That turned the bootmaker from client to investor through a $1.1 million seeding check. Now Immerss is looking to raise millions more to become the "go-to solution" for live e-commerce.
Co-founder Patrick Jacobs told Dallas Innovates an early meeting with Lucchese's president led to a "lightbulb moment"—one that set Immerss on an innovative new path.
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From left: PItted Ventures Managing Partner Greg Russell and Partner Tyler Allgaier. [Photos: Pitted Ventures]
Consumer Product-Focused Investor Eyes Opportunities in Dallas
by Kevin Cummings | Apr 26, 2022
Pitted Ventures, a newly formed Utah-based growth capital firm backed by a family of support companies, has tapped a local leader to help it bridge funding gaps for brands while providing wraparound services to help those business grow to the next stage. With Dallas as a hub, it aims to make typical investments of $750K to $1.5M starting this summer.
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by Kevin Cummings |
Apr 5, 2022
The investment from London-based online luxury retail marketplace Farfetch makes it a new minority owner of Neiman Marcus Group. It will also be a partner, helping NMG expand its reach globally via digital customer experiences and curated offerings on Farfetch’s platform.
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by Kevin Cummings |
Mar 17, 2022
Jordan Olivas moved from Texas to Pakistan to launch QisstPay, a one-click checkout platform. Today it processes about 10% of all e-commerce transactions in that country—and Olivas has moved its global HQ to North Texas.
Qisstpay expects to process more than $1 billion in payments this year. With $15 million raised in October and U.S. expansion underway, the startup is now aiming for another raise. “I want to be a unicorn by the end of 2022,” Olivas told us.
Qisstpay expects to process more than $1 billion in payments this year. With $15 million raised in October and U.S. expansion underway, the startup is now aiming for another raise. “I want to be a unicorn by the end of 2022,” Olivas told us.
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by Kevin Cummings |
Mar 9, 2022
The personalized meal planning startup, bitewell, is launching soon in Dallas with an app that offers "menu transparency" on around 600 local restaurants to help users find meals that meet their needs. It also offers a wide range of recipes for making personalized meals at home.
“Our mission as a business is to make healthy eating simple and accessible for all,” says co-founder and CMO Samantha Citro Alexander. Next up: Chicago, and then the world, the team says.
“Our mission as a business is to make healthy eating simple and accessible for all,” says co-founder and CMO Samantha Citro Alexander. Next up: Chicago, and then the world, the team says.
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[Illustration: thitivong/iStockphoto]
COVID Boosts Already Booming DFW Industrial Market, Causing ‘Five Years of E-Commerce Growth’ in About Five Weeks
by Sandra Engelland | Nov 10, 2020
Dallas-Fort Worth was the top market in the country for industrial property absorption in the second quarter of 2020, according to a report from Marcus & Millichap.
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by Riley Farrell |
Nov 5, 2020
Oluna wants to end the stigma and bring attention to menstrual health inequity by distributing feminine products to homeless shelters in Dallas.
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by Quincy Preston |
Oct 13, 2020
The president and CEO of the Irving Economic Development Partnership also sees growth potential in healthcare, technology, cybersecurity, and e-commerce— along with the accompanying warehouse and distribution facilities they require.
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by Quincy Preston |
Oct 13, 2020
Inquiries by economic development agencies "are up by a significant multiple over this period last year," says commercial real estate veteran Joel Pustmueller in a Q&A.
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