NearSt news and archive

Retail tech startup NearSt bags 2 million pounds in funding

London-based retail tech firm NearSt has raised 2 million pounds in seed funding. The company provides physical retailers with technology allowing them to make the products on their physical store shelves visible to shoppers searching online nearby. According to NearSt’s research, 83 percent of shoppers would prefer to shop nearby instead of...

Retail

Retail tech startup NearSt secures 2 million pounds in funding

NearSt, a British retail tech startup that Google is backing to drive more people into the country’s ailing high streets, has raised 2 million pounds in seed funding. The newest funding round, which was led by consumer tech specialists YYX Capital, brings the total raised by NearSt to 3.2 million pounds. The company’s technology helps local...

Retail

New retail tech could boost UK high street by 9 billion pounds, says report

New technology is projected to drive footfall back into stores and boost the UK high street by 9 billion pounds, according to a new report. The report, by retail technology innovators NearSt and research and innovation consultancy, The Future Laboratory, examined how Real-Time Local Inventory (RTLI), an emerging type of data that shows where...