Apr 23 This week’s five most important retail technology news stories – Retail Technology Innovation Hub


4. Misfits Market nabs unicorn status with Series C round

Misfits Market, a US-based e-commerce platform specialising in the delivery of food that would otherwise be wasted, has completed a $200 million Series C funding round.

This brings the company’s total funding to $301.5 million. It is now valued at $1.1 billion.

5. Tesco Bank hits record £0.5 billion in gift card sales

Tesco reached a record £0.5 billion in gift card sales during the financial year ending 28th February 2021.

The 65% year-on-year increase was achieved through a combination of in-store and digital sales.  

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