Retail Roundup—The RealReal gets $50M, Lidl adds fashion

moneyroll
The RealReal has now received a total of $173 million in funding.

The RealReal closes $50M in funding

Luxury consignment dealer The RealReal announced the closure of a $50 million growth equity financing from private equity firm Great Hill Partners. The company has now received a total of $173 million in funding, much of which will be used to expand its consignment offices and retail concepts. (PR Newswire)

Lidl adds fashion

Lidl has enlisted model and fashion designer Heidi Klum to develop a clothing line for its low-priced grocery stores. The collection will be available in stores across Europe and the U.S. later this year. (Bloomberg)

JCPenney to open dorm shop-in-shops

JCPenney will open dorm shops in 500 of its locations. About 400 square feet in size, the shops will carry items such as bedding, minifridges and computers. (MarketWatch)

Shipt raises $40M

Grocery delivery service Shipt has raised $40 million in a round of funding led by Greycroft Partners, with participation from e.ventures and Harbart Venture Partners. Just recently, the startup raised $400 million in a round led by Sequoia Capital. (VentureBeat)