Axios Pro: Retail Deals

September 16, 2022

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Happy Friday, readers! It's Retail Deals editor Claire Rychlewski, back with your digest of this week's news.

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1. Olive looks to fundraise

A picture of an Olive-packed package on a doorstep
Photo courtesy of Olive

Olive, a sustainable delivery service started up by Jet.com co-founder Nate Faust, is eyeing a fundraise as it relaunches itself as a B2B business, the entrepreneur told Richard Thursday.

Why it matters: Ordering goods online may save time and money, but its impact on the environment makes it unsustainable, and shoppers are noticing. Now, Olive can work directly with retailers to remove single-use packaging at the source.

Read the full newsletter.

Plus: ⌨️ Thursday's Pro Rata, with news on Adobe's $20b Figma buy.

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