E-commerce

8 stories
Baseball Cards you can play with
OYO Sportstoys gets $3 million to turn Bobby Orr and other sports stars into Lego-like collectibles
OYO Sportstoys, an Acton, Mass., collectable sports figurine company, announced on Thursday that they had raised a $3 million round of seed funding from Boston Seed Capital and Atlas Venture. Since launching in 2011, the company has raised $4.6 million, with much of the early money coming from angel investors. Read More
Just browsing
Mobile commerce powers virtual window-shopping
(courtesy Spreadshirt)
By Philip Rooke The latest trend in shopping is virtual window-shopping as the world of bricks and clicks merges. It is ironic- windows as software can power the browsing experience via tablet or mobile device as contrasted to the traditional meaning of window shopping- glancing at shop windows on street front. This integral phase of the shopping process usually takes place during "down time" cycles like commuting, waiting in line, or while watching television. Read More
Glam growth
Fashion Project, reseller of high-end apparel for charities, adding workers and Boston warehouse
Fashion Project CEO Anna Palmer, surrounded by donations and boxes of hangers in the startup's Boston office.
How fast is Fashion Project growing? When I stopped by last week, CEO Anna Palmer told me there were two possible venues for our interview: a makeshift conference room created by cardboard boxes and heaps of plastic bags, or the staircase between the two floors of the company's Fort Point Channel offices. (We picked the former.) The startup collects designer women's apparel and accessories from non-profits and individuals, and resells it on its own site or through a network of partners. Fifty-five percent of the proceeds go to charity, but donors can take a tax deduction for the full sale price of the item. Read More
Wayfair's new funding
Wayfair officially announces $157 million Series B
Wayfair Series B IPO
This morning, Wayfair, the Boston-based online furniture retailer, announced a $157 million Series B round of funding. The news comes amid widespread speculation that the company is in the process of filing for its initial public offering. As The Wall Street Journal reports, the funding gives Wayfair a $2 billion valuation, according to a person familiar with the deal. Read More
Growing room
Wayfair getting more space, needs a sign
Wayfair's founders Niraj Shah and Steve Conine

This morning, Wayfair, the Boston-based online furniture retailer, announced that it has added 170,000 square feet to its upcoming lease in The Offices at Copley Place.

The additional office space more than doubles the original square footage Wayfair anticipated needing for its expected move in June. Last spring, the company announced that it was leasing 105,000 square feet from Simon Property Group, Inc., for a summer 2014 move out of the tower at 177 Huntington Avenue, a space that is part of the Christian Science complex. Wayfair's new office space will now be 275,000 square feet, about three times the size of its current headquarters. Read More
Bumps on the road to an IPO?
As Karmaloop seeks to raise next round, it stretches some vendor payments and shutters underperforming sites
Karmaloop CEO Greg Selkoe.
Hipster apparel merchant Karmaloop has been one of Boston's rare consumer e-commerce hits: the company, founded in a Jamaica Plain basement in 2000, booked $165 million in sales last year, according to CEO Greg Selkoe. And the company's headquarters have progressively taken over the inside of what was once the landmark Shreve Crump & Low jewelry store in Back Bay, where it employs almost 200 people. Read More